Northwood says ..
BUY2LET!!! Investors Only. We are pleased to offer this 2 bedroom second floor flat in the sought after area of Hellesdon. The property benefits from double glazing, gas central heating and parking. It is currently tenanted with a potential annual income of £9540
Property Oracle says ..
This 2-bedroom flat in Hellesdon, Norwich, presents a mixed bag of opportunities and considerations for potential buyers. The location offers convenient access to well-regarded schools and is within reasonable commuting distance to Norwich city centre. The property appears to be in fair condition from the external photos, without any obvious major defects. The presence of a communal garden adds a degree of outdoor amenity. However, the lack of detailed information regarding the internal condition and features of the flat, as well as the relatively small communal garden area, necessitates caution. Further inspection is crucial before making a purchasing decision. Comparable properties in the surrounding area show prices ranging from significantly lower to higher. The property’s price point sits within this range, but the overall value proposition is moderate and hinges on the internal features and condition being in line with the asking price. The fact that one nearby property is listed as a Buy2Let suggests there’s a potential rental market in the area, providing an option for investors. Overall, the property offers an entry point into the Hellesdon housing market, but prospective buyers must undertake a thorough assessment of the property’s internal features and any potential maintenance requirements to determine its true value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 477.92
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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
- 346,152.00 £Increased by 24.14 %
- Est sale value
- 134,773.44 £Increased by 6.02 %
- Average area rental value
- 1,013.00 £/moIncreased by 8.11 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.51 %Decreased by 12.90 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Northwood created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Hellesdon High School | Academy Converter | Good | 0.18 KM |
Kinsale Junior School | Academy Converter | 0.37 KM | |
Kinsale Infant School | Community School | Good | 0.37 KM |
Arden Grove Infant And Nursery School | Academy Converter | Outstanding | 0.99 KM |
Firside Junior School | Academy Converter | Good | 1.62 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Shrub Lane | £ 290,000 | 0 | 0.00 KM |
Pleasant Close | £ 240,000 | 0 | 0.00 KM |
Saint Andrews Road | £ 335,000 | 0 | 0.00 KM |
Saint Edmunds Close | £ 312,500 | 0 | 0.00 KM |
Heath Close | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Norwich | 7309 | NRW | 6.81 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Nursery Close, Norwich | £ 180,000 | BUY | 6 / 10 | 0.00 KM |
Nursery Close, Norwich, NR6 | £ 145,000 | BUY | 5 / 10 | 0.00 KM |
Nursery Close, Hellesdon, Norwich, NR6 5SL | £ 195,000 | BUY | Unknown | 0.01 KM |
Woodland Road, Hellesdon, Norwich, Norfolk, NR6 | £ 300,000 | BUY | 6 / 10 | 0.19 KM |
Woodland Road, Hellesdon, NR6 | £ 325,000 | BUY | Unknown | 0.30 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
15 Nursery Close | £ 116,000 | 0.00 KM |
85 Nursery Close | £ 155,000 | 0.00 KM |
31 Nursery Close | £ 150,000 | 0.00 KM |
7 Nursery Close | £ 140,000 | 0.00 KM |
5 Nursery Close | £ 99,000 | 0.00 KM |