Unthank Road, Norwich, Norfolk, NR2
CO

Unthank Road, Norwich, Norfolk, NR2

By Coast & Country Living

£ 1,000,000

Reviews

3 out of 5 stars

Coast & Country Living says ..

A fantastic development opportunity on the old Norkett Electrical site situated in the heart of the golden triangle on 0.29 acres which currently has planning permission for art studios, a café and a 4 bedroom dwelling.

Property Oracle says ..

This property on Unthank Road, Norwich, presents a unique opportunity for a buyer with a keen eye for development and renovation. The location is undoubtedly a key selling point, situated within Norwich’s highly sought-after Golden Triangle. This area boasts excellent schools, a vibrant atmosphere and easy access to the city center, transport links and local amenities. The property itself comprises a substantial plot of land, which adds significant value and offers considerable potential. However, the existing structures are currently in need of comprehensive renovation. The images show a building which appears to be a large studio or workshop space, currently cluttered and in need of significant modernisation. The garden area is a notable asset, providing potential for further development or simply offering a private outdoor space. Considering the location and land, the asking price of £1,000,000 sits in a middle range relative to similar properties in the area. However, potential buyers must factor in considerable renovation costs before the property reaches its full potential. Prospective buyers should obtain a detailed survey and cost estimate to assess the necessary investments before proceeding. Overall, this property is a suitable investment for those interested in a development project in a prime Norwich location. This could be appealing to a variety of investors or families with vision, ambition and significant funds

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
6
Condition
4
Location
8
Land
7
Bedrooms
0
Bathrooms
0

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
405,909.00 £
Decreased by 18.93 %
from 500,682.00 £
Average area rental value
1,198.00 £/mo
Decreased by 15.81 %
from 1,423.00 £/mo
Est rental Yield
3.54 %
Increased by 3.81 %
from 3.41 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Coast & Country Living created the listing.

Nearby Schools

NameTypeOfstedDistance
Norwich High School For Girls GdstOther Independent School0.45 KM
Avenue Junior SchoolCommunity SchoolGood0.51 KM
The Parkside School, NorwichFoundation Special SchoolOutstanding0.78 KM
Recreation Road Infant SchoolCommunity SchoolOutstanding0.85 KM
Colman Infant SchoolCommunity SchoolOutstanding0.85 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Christchurch Court £ 000.00 KM
Westgate Close £ 000.00 KM
The Elms £ 000.00 KM
Havelock Road £ 250,00000.00 KM
Fox Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW3.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Unthank Road, Norwich, Norfolk, NR2 £ 1,000,000BUY6 / 100.00 KM
The Plantation, Christchurch Road, Norwich, Norfolk, NR2 £ 350,000BUY6 / 100.09 KM
Beechbank, Norwich £ 145,000BUYUnknown0.12 KM
Christchurch Road, Norwich £ 350,000BUY7 / 100.13 KM
Beechbank, Norwich, NR2 £ 150,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
246 Unthank Road £ 582,5000.03 KM
248 Unthank Road £ 675,0000.03 KM
250 Unthank Road £ 848,1190.03 KM
220d Unthank Road £ 544,0000.03 KM
216 Unthank Road £ 735,0000.03 KM