Constitution Hill, 310 Constitution Hill, NR6
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Constitution Hill, 310 Constitution Hill, NR6

By Starkings & Watson

£ 194,500

Reviews

2 out of 5 stars

Starkings & Watson says ..

RESIDENTIAL & COMMERCIAL INVESTMENT. Producing £13,596 PA with SCOPE to FURTHER INCREASE the RETURNS, this mixed use property offers GROUND FLOOR RETAIL PREMISES which are let until 2025, and a first floor ONE BEDROOM FLAT which is currently let on a PERIODIC assured short-hold tenancy. With PA...

Property Oracle says ..

This property in Sprowston, Norfolk, presents a unique investment opportunity due to its mixed-use nature. The listing highlights a ground floor retail space, currently leased, and a first-floor one-bedroom flat, also generating rental income. The property's location in Sprowston offers proximity to Norwich and amenities, while being near schools with positive Ofsted ratings. The condition of the property appears good with a recently modernised interior. However, the small plot size and the lack of specific details on the residential flat's size are potential drawbacks. The price appears competitive, especially considering the existing rental income, and warrants serious consideration by investors or those seeking a property with a rental component. The lack of details on the square footage of each area (residential and commercial) makes a precise market comparison challenging but, based on available comparable data, the property seems fairly priced. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Price
7
Condition
7
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
969.83

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Starkings & Watson created the listing.

Nearby Schools

NameTypeOfstedDistance
Old Catton Cofe Vc Junior SchoolVoluntary Controlled SchoolGood0.75 KM
St. Clements Hill Primary AcademyFree Schools0.93 KM
Garrick Green Infant SchoolAcademy ConverterGood1.16 KM
White Woman Lane Junior SchoolCommunity SchoolOutstanding1.23 KM
Sewell Park AcademyAcademy Sponsor LedRequires improvement1.27 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Amos Bacon Close £ 350,00000.21 KM
Lusher's Loke £ 000.43 KM
Marlow Court £ 675,00000.76 KM
Le Safferne Gardens £ 295,00000.91 KM
Edwards Road £ 290,00001.25 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW3.24 KM
Salhouse7318SAH9.81 KM

Nearby Listings

AddressPriceScoreDistance
Constitution Hill, 310 Constitution Hill, NR6 £ 194,5005 / 100.00 KM
North Walsham Road, Sprowston, Norwich £ 290,000Unknown0.19 KM
North Walsham Road, Norwich £ 350,0006 / 100.21 KM
Clover Road, Sprowston, NR7 £ 290,0006 / 100.24 KM
Parkland Road, Norwich £ 260,0006 / 100.24 KM

Nearby Properties

AddressPriceDistance
298 Constitution Hill £ 160,0000.05 KM
306 Constitution Hill £ 113,0000.05 KM
302 Constitution Hill £ 170,0000.05 KM
31 Meadow Gardens £ 166,0000.12 KM
27 Meadow Gardens £ 175,0000.12 KM