Sold STC Flat

87 ST MICHAELS AVENUE

NORWICH, AYLSHAM, NORFOLK NR11 6YA

2 beds 2 baths Listed 19 Nov 2025 (-219d)

£175,000

Guide Price

Reduced on 4 Aug 2025

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Property details

Tenure

LEASEHOLD

EPC rating

C

Last sold

£170,000 Jan 2026

Price per m²

£2,869/m²

Local average

£155,714 (+12.4%)

Deprivation

Decile 6 (19,715 of 33,755)

Street crime

26 incidents within 1 mile (Apr 2026)

Key features

  • FIRST FLOOR FLAT
  • 2 BEDROOMS
  • DOUBLE ASPECT LOUNGE/DINING/KITCHEN
  • 2 BATHROOMS
  • EPC C
  • 655 SQUARE FEET

Additional details

Heating
Electric
Parking
Allocated
Garden
Communal garden

Description

*Guide Price Range £175,000 to £180,000*This stylish purpose built first floor flat enjoys a pleasant location to the side/rear of the building, enjoying rural views beyond. The apartment offers two double bedrooms with en suite shower room to the main bedroom, a large double aspect lounge/dining/kitchen, and bathroom. Features include sealed unit double glazed windows, electric heating, allocated parking for 1 car and communal gardens.

Early viewing its most strongly recommended.

LOCATION
Aylsham is a popular market town located adjacent to the A140 with excellent local amenities and a wide range of shopping, schooling facilities and good public transport. The apartment is situated on the edge of the town backing onto fields and is close to green lanes which offers routes to the National Trust site of Blickling Hall.

PROPERTY
Main entrance front door with intercom link to the flat.

Communal hall and stairway to the first-floor landing.

Front entrance door to

ENTRANCE HALL
Wall mounted electric panel heater. Built in store cupboard. Built in cloaks cupboard. Built in airing cupboard. Panel doors to bedroom one, bedroom two, bathroom and the lounge/dining/kitchen.

LOUNGE/DINING/KITCHEN Divided into two areas

Lounge/dining area - 2 x electric panel heaters, double glazed windows to side and rear.

Kitchen area - Fitted comprising stainless steel single drainer sink unit with mixed tap inset to fitted rolled edged work surfaces with tile splashbacks, base & eye level units, integrated washing machine, built in electric hob & oven, with stainless steel extractor hood over, tiled floor, double glazed window to side.

BEDROOM 1
Wall mounted electric panel heater, double glazed window to rear. Built in double wardrobes. Panel door to

EN SUITE SHOWER ROOM
White suite comprising tiled shower cubicle with wall mounted mains shower plus sliding door, pedestal wash hand basin, WC, wall mounted electric heater, extractor unit.

BEDROOM 2
Wall mounted electric panel heater, double glazed window to rear. Built in double wardrobe.

BATHROOM
White suite comprising panel sided bath with wall mounted shower, pedestal wash hand basin, WC, wall mounted electric panel heater, part tiled walls, double glazed window to front.

OUTSIDE
Communal gardens to the sides & rear.
One allocated car parking

AGENTS NOTE
Lease length 125 years from 01/01/2014. Therefore 114 years remaining.

Ground rent £115 pa.

Service Charge £1,298.

Managing Agents Watsons.

Freeholder Home Ground

Listed by

Norwich

Morton Reeves Ltd

Reference: 169481894

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 06/06/2025

Expiry date: 05/06/2035

Current heating cost: £478/year

Potential heating cost: £286/year

Est. upgrade cost to C: £1,500

Recommendations

  • High heat retention storage heaters (£1,200 - £1,800)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

24% since 2015

Event Date Price % change
Sold 30/01/2026 (4 months ago) £170,000 +3%
Sold 28/07/2023 (2 years ago) £165,000 +1.5%
Sold 13/04/2018 (8 years ago) £162,500 +18.6%
Sold 27/02/2015 (11 years ago) £137,000

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
11 DONTHORN COURT, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6YF £190,000 01/12/2025 Flat
22 ST MICHAELS AVENUE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6YA £190,000 26/11/2025 Flat
GREEN LANE VIEW FLAT 3 ST MICHAELS AVENUE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6GA £149,250 18/10/2023 Flat
28 MILL LANE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6WA £285,000 28/11/2022 Flat
91 ST MICHAELS AVENUE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6YA £193,000 25/11/2022 Flat
GREEN LANE VIEW FLAT 10 ST MICHAELS AVENUE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6GA £195,000 28/10/2022 Flat
16 DONTHORN COURT, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6YF £200,000 01/06/2022 Flat
22 MILL LANE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6WA £190,000 27/04/2022 Flat
83 ST MICHAELS AVENUE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6YA £180,000 29/10/2021 Flat
42 ST MICHAELS AVENUE, AYLSHAM, NORWICH, BROADLAND, NORFOLK, NR11 6YA £185,000 20/08/2021 Flat

Area average: £195,725 (10 sales)

Capital growth trend

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

5y growth 104.2%
10y growth 68.4%

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

1y (index) -1.9%
5y (index) 2.1%
10y (index) 17.5%

Rental Range

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

Low £845/mo
Realistic £939/mo
Optimistic £1,033/mo

Based on Local Authority from postcode lookup → Broadland.

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
Hospital Aylsham Health Centre 0.1 miles
Bus stop Hospital, adj 0.2 miles
Bus stop Hospital, opp 0.2 miles
Shop MDB Computing 0.2 miles
Shop Aylsham Antiques 0.5 miles
Train station Aylsham 0.8 miles
Train station Brampton 2.9 miles
Hospital Cromer and District Hospital 9.5 miles
University Easton College 10.8 miles
University Broadcast House 11.3 miles

Street-level crime

Category Count
Anti-social behaviour 11
Violence and sexual offences 8
Criminal damage and arson 3
Public order 2
Burglary 1
Vehicle crime 1
Total incidents 26

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
St Michael's Church of England VA Primary and Nursery School Primary 0.5 miles Good — 14 Dec 2023
Bure Valley School Primary 0.6 miles Good — 29 Feb 2016
John of Gaunt Infant and Nursery School Primary 0.7 miles Good — 18 Jan 2024
Aylsham High School Secondary 1.0 miles Good — 10 Nov 2014
Erpingham Voluntary Controlled Church of England Primary School Primary 3.0 miles Requires improvement — 23 Nov 2023

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 Maisonette, Red Lion Yard, NR11 £995/mo 2 0.64 miles OpenRent

Average rent: £995/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.57%
Max investor price (0.8%) £124,375
Target investor price (1%) £99,500
Gross yield 6.8%
Cost-to-rent ratio 14.7×
Monthly cashflow £181/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.3%
  • 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).