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
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Starkings & Watson created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Old Catton Cofe Vc Junior School | Voluntary Controlled School | Good | 0.75 KM |
St. Clements Hill Primary Academy | Free Schools | 0.93 KM | |
Garrick Green Infant School | Academy Converter | Good | 1.16 KM |
White Woman Lane Junior School | Community School | Outstanding | 1.23 KM |
Sewell Park Academy | Academy Sponsor Led | Requires improvement | 1.27 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Amos Bacon Close | £ 350,000 | 0 | 0.21 KM |
Lusher's Loke | £ 0 | 0 | 0.43 KM |
Marlow Court | £ 675,000 | 0 | 0.76 KM |
Le Safferne Gardens | £ 295,000 | 0 | 0.91 KM |
Edwards Road | £ 290,000 | 0 | 1.25 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Norwich | 7309 | NRW | 3.24 KM |
Salhouse | 7318 | SAH | 9.81 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
Constitution Hill, 310 Constitution Hill, NR6 | £ 194,500 | 5 / 10 | 0.00 KM |
North Walsham Road, Sprowston, Norwich | £ 290,000 | Unknown | 0.19 KM |
North Walsham Road, Norwich | £ 350,000 | 6 / 10 | 0.21 KM |
Clover Road, Sprowston, NR7 | £ 290,000 | 6 / 10 | 0.24 KM |
Parkland Road, Norwich | £ 260,000 | 6 / 10 | 0.24 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
298 Constitution Hill | £ 160,000 | 0.05 KM |
306 Constitution Hill | £ 113,000 | 0.05 KM |
302 Constitution Hill | £ 170,000 | 0.05 KM |
31 Meadow Gardens | £ 166,000 | 0.12 KM |
27 Meadow Gardens | £ 175,000 | 0.12 KM |