Springbank, Norwich
Gilson Bailey logo

Springbank, Norwich

By Gilson Bailey

£ 120,000

Reviews

3 out of 5 stars

Gilson Bailey says ..

**SPACIOUS FIRST FLOOR FLAT WITH NO ONWARD CHAIN** Gilson Bailey are delighted to offer this PART MODERNISED, TWO BEDOOM, FIRST FLOOR FLAT situated to the south of Norwich close by to the City Centre. Accommodation comprising entrance hall, lounge/diner, TWO BEDROOMS and a MODERN FITTED KITCHEN A...

Property Oracle says ..

This property is a 2-bedroom flat located in Lakenham, Norwich. The property benefits from being close to several schools including Lakenham Primary School (Good Ofsted rating) and Norwich Steiner School (Good Ofsted rating), all within a 1km radius. Transport links are also convenient with Norwich train station approximately 1.85km away. The flat itself appears to be in reasonable condition, though some modernisation may be desirable. The kitchen and bathroom seem recently updated, however, the flooring and wall coverings in the bedrooms appear dated and could benefit from some refreshing. The property includes a small garden area. Given the average house price in the area is significantly higher than the listed price of £120,000, this property could represent good value for money, especially considering its proximity to amenities and schools. However, the lack of square footage information prevents a definitive assessment of value per square foot.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
4
Bedrooms
2
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
286,250.00 £
Increased by 20.30 %
from 237,951.00 £
Average area rental value
1,063.00 £/mo
Increased by 3.30 %
from 1,029.00 £/mo
Est rental Yield
4.46 %
Decreased by 14.07 %
from 5.19 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Gilson Bailey created the listing.

Nearby Schools

NameTypeOfstedDistance
Lakenham Primary SchoolFoundation SchoolGood0.46 KM
East City And Framingham Earl Area Children'S CentreChildren's Centre0.56 KM
Norwich Steiner SchoolOther Independent SchoolGood0.57 KM
Edith Cavell Academy And NurseryAcademy Sponsor LedGood0.65 KM
The Wherry SchoolFree Schools Special1.00 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Johns Close £ 000.00 KM
Broom Close £ 000.00 KM
Old School Court £ 180,00000.00 KM
Mill Close £ 155,00000.00 KM
Kings Lane £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Springbank, Norwich £ 125,000BUY6 / 100.00 KM
Long John Hill, Norwich, NR1 2EJ £ 250,000BUYUnknown0.10 KM
Birkbeck Close, Norwich £ 240,000BUY7 / 100.11 KM
Long John Hill, Norwich £ 240,000BUY6 / 100.11 KM
Long John Hill, Norwich £ 230,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
167 Springbank £ 68,0000.01 KM
135 Springbank £ 84,9500.01 KM
137 Springbank £ 120,0000.01 KM
141 Springbank £ 90,0000.01 KM
165 Springbank £ 97,5000.01 KM