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 %
- Average area rental value
- 1,198.00 £/moDecreased by 15.81 %
- Est rental Yield
- 3.54 %Increased by 3.81 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Coast & Country Living created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Norwich High School For Girls Gdst | Other Independent School | 0.45 KM | |
| Avenue Junior School | Community School | Good | 0.51 KM |
| The Parkside School, Norwich | Foundation Special School | Outstanding | 0.78 KM |
| Recreation Road Infant School | Community School | Outstanding | 0.85 KM |
| Colman Infant School | Community School | Outstanding | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Christchurch Court | £ 0 | 0 | 0.00 KM |
| Westgate Close | £ 0 | 0 | 0.00 KM |
| The Elms | £ 0 | 0 | 0.00 KM |
| Havelock Road | £ 250,000 | 0 | 0.00 KM |
| Fox Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 3.74 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Unthank Road, Norwich, Norfolk, NR2 | £ 1,000,000 | BUY | 6 / 10 | 0.00 KM |
| The Plantation, Christchurch Road, Norwich, Norfolk, NR2 | £ 350,000 | BUY | 6 / 10 | 0.09 KM |
| Beechbank, Norwich | £ 145,000 | BUY | Unknown | 0.12 KM |
| Christchurch Road, Norwich | £ 350,000 | BUY | 7 / 10 | 0.13 KM |
| Beechbank, Norwich, NR2 | £ 150,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 246 Unthank Road | £ 582,500 | 0.03 KM |
| 248 Unthank Road | £ 675,000 | 0.03 KM |
| 250 Unthank Road | £ 848,119 | 0.03 KM |
| 220d Unthank Road | £ 544,000 | 0.03 KM |
| 216 Unthank Road | £ 735,000 | 0.03 KM |