Sold STC Flat

61 HOBART ROAD

NORWICH, LODDON, NORFOLK NR14 6LD

2 beds 1 baths 818 sq ft Listed 16 Feb 2024 (-848d)

£130,000

Guide Price

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Property details

Tenure

LEASEHOLD

Floor area

76 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1950-1966

Last sold

£127,500 Jul 2024

Price per m²

£1,711/m²

Local average

£132,875 (-2.2%)

Deprivation

Decile 4 (12,019 of 33,755)

Street crime

30 incidents within 1 mile (Apr 2026)

Key features

  • Top Floor Flat with Field Views
  • Updated & Modernised Interior
  • Walking Distance to Amenities & Schools
  • Open Plan Sitting/Dining Room
  • Kitchen with Appliance Space
  • Two Bedrooms
  • Re-fitted Family Bathroom
  • Residents Parking & Communal Gardens

Additional details

Parking
On street

Description

IN SUMMARY ** This TOP FLOOR FLAT offers FAR REACHING VIEWS over the neighbouring playing field, whilst benefiting from MANAGEABLE SERVICE CHARGES and a WELL KEPT INTERIOR. An ideal FIRST BUY or INVESTMENT, the property is centred around a SPACIOUS SITTING/DINING ROOM with a BAY WINDOW to rear, and HALL ENTRANCE. Doors lead to the KITCHEN with room for appliances, and to an inner hall where TWO BEDROOMS can be found including the DUAL ASPECT MAIN BEDROOM, along with the RE-FITTED FAMILY BATHROOM. To the outside, PARKING can be found on road, whilst a LARGE COMMUNAL LAWNED GARDEN is to the rear. A short walk will find LOCAL SCHOOLS, the HIGH STREET for shopping and bus connections to NORWICH and LOWESTOFT. 

SETTING THE SCENE The communal entrance offers a secure entry telecom system, with on road parking in front of the building. Access leads to the rear where the communal gardens can be found. Heading up the stairs, a newly installed composite door takes you inside. 

THE GRAND TOUR The entrance hall is finished with laminate flooring and offers a built-in cupboard and space for coats and shoes. A door takes you in to the sitting/dining room, an expansive room featuring a bay window which overlooks the neighbouring school playing field. Complete with fitted carpet, there is ample room for a dining table and soft furnishings. A door leads into the inner hall, whilst an opening takes you to the modern fitted kitchen. With eye catching work surfaces and splash backs, an inset electric ceramic hob and built-in electric oven are included, with space for a washing machine and fridge/freezer. Far reaching views face over the front of the development and Loddon beyond. The inner hall is carpeted, with two bedrooms leading off, both doubles in size, and the main bedroom boasting dual aspect views of the green and leafy surrounds. The family bathroom has been newly fitted, with a white three piece suite, thermostatically controlled twin head rainfall shower over the bath and fully tiled walls. 

THE GREAT OUTDOORS Lawned communal gardens can be found to the rear of the development. 

OUT & ABOUT Loddon is situated approximately 10 miles south east of Norwich. Offering an excellent range of local amenities which include schooling (primary, junior and secondary), dentist, doctors surgery, chemist, and library. A selection of shops including supermarket, hardware, newsagents and post office provide a range of provisions. A central car park, situated within the market place provides ample parking with good access to the amenities. Fantastic access to the Norfolk Broads can be found and pleasant countryside walks can be enjoyed. 

FIND US Postcode : NR14 6LD
What3Words : ///jukebox.firming.zoomed 

VIRTUAL TOUR View our virtual tour for a full 360 degree of the interior of the property. 

AGENTS NOTE ** The property is offered on a leasehold basis with approximately 89 years remaining. An annual service charge in the region of £350 includes the ground rent and insurance. The property also benefits from a small lockable shed accessed on the ground floor of the building. 

Listed by

Poringland

S&W Sales Ltd

Reference: 144789503

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 31/03/2021

Expiry date: 30/03/2031

Current heating cost: £487/year

Potential heating cost: £343/year

Est. upgrade cost to C: £10,240

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Cavity wall insulation (£500 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Low energy lighting for all fixed outlets (£15)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #15433990 Recent

Property Details

Street: 61 Hobart Road

Town: Loddon

Postcode: NR14 6LD

Installation Details

Items: 5 windows

Certificate Issued: 16/10/2022

Work Completed: 04/10/2022

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

21% since 2021

Event Date Price % change
Sold 05/07/2024 (1 year ago) £127,500 +21.4%
Sold 10/12/2021 (4 years ago) £105,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 19 HOBART ROAD, LODDON, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 6LD £253,000 03/07/2023 Semi-detached
Same street 41 HOBART ROAD, LODDON, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 6LD £137,500 30/11/2022 Flat

Street average: £195,250 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -18.7%
10y growth -9%

House Price Index (HM Land Registry — official index, not sold-price averages): South Norfolk. Series: Flats and maisonettes. As of March 2026.

1y (index) -4.4%
5y (index) 1.4%
10y (index) 21.6%

Rental Range

Estimated market rent for South Norfolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £876/mo
Realistic £973/mo
Optimistic £1,070/mo

Based on Local Authority from postcode lookup → South Norfolk.

LHA (30th percentile) floor for Central Norfolk & Norwich: £693/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Kittens Lane, adj 0.1 miles
Bus stop Kittens Lane, opp 0.2 miles
Shop The Lawnes 0.3 miles
Shop The Co-operative Food 0.4 miles
Train station Cantley 3.6 miles
Train station Reedham 4.2 miles
Hospital James Paget University Hospital 10.3 miles
University Broadcast House 10.3 miles
Hospital Airey Close 10.5 miles

Street-level crime

Category Count
Violence and sexual offences 10
Anti-social behaviour 6
Criminal damage and arson 3
Drugs 3
Public order 3
Burglary 2
Other theft 2
Vehicle crime 1
Total incidents 30

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Loddon Junior School Primary 0.1 miles (Inspected (no overall grade))
Loddon Infant and Nursery School Primary 0.1 miles (Inspected (no overall grade))
Hobart High School Secondary 0.2 miles Good — 15 May 2023
Langley School Other 1.5 miles (No rating)
Avocet House Other 1.6 miles Good — 10 Nov 2021

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Harvey Green, NR14 £875/mo 2 0.27 miles OpenRent
2 Bed End Terrace, Harvey Green, NR14 £900/mo 2 0.3 miles OpenRent

Average rent: £888/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.68%
Max investor price (0.8%) £111,000
Target investor price (1%) £88,800
Gross yield 8.2%
Cost-to-rent ratio 12.2×
Monthly cashflow £262/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).