Sold STC Flat

59 TEMPLEMERE

NORWICH, NORFOLK NR3 4EG

2 beds 1 baths 549 sq ft Listed 4 Sep 2025 (-282d)

£130,000

Guide Price

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Property details

Tenure

LEASEHOLD

Floor area

51 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1950-1966

Last sold

£130,000 Dec 2025

Price per m²

£2,549/m²

Local average

£152,400 (-14.7%)

Deprivation

Decile 4 (10,165 of 33,755)

Street crime

185 incidents within 1 mile (Apr 2026)

Additional details

Parking
Yes

Description

*NO ONWARD CHAIN*
*GUIDE PRICE £130,000 - £140,000*

Well-Presented 2-Bedroom First Floor Flat – Silver Triangle, NR3.

Located in the sought-after Silver Triangle area of NR3, this spacious two-bedroom first floor flat offers an ideal opportunity for first-time buyers or buy-to-let investors alike.

The property features a bright and comfortable reception room, a separate kitchen, two well-proportioned bedrooms, and a bathroom. Additional benefits include a private garage, communal parking, and a generous 947 years remaining on the lease.

Situated close to a range of local amenities, transport links, and just a short distance from Norwich city centre, this home offers both convenience and comfort in a popular residential location.

Viewings are highly advised to fully appreciate the potential of this fantastic home.

Listed by

Norwich

Countrywide UK Sales - Connells

Reference: 166588934

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 10/09/2025

Expiry date: 09/09/2035

Current heating cost: £441/year

Potential heating cost: £441/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Focal Integrated

Focal Integrated

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

266% since 1999

Event Date Price % change
Sold 22/12/2025 (5 months ago) £130,000 +36.9%
Sold 17/06/2005 (20 years ago) £94,950 +167.5%
Sold 07/12/1999 (26 years ago) £35,500

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
14 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EF £160,000 08/01/2026 Flat
46 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EF £172,500 05/01/2026 Flat
51 BLACK HORSE OPENING, NORWICH, NORFOLK, NR3 4EP £130,000 28/11/2025 Flat
6 WINDMILL COURT, NORWICH, NORFOLK, NR3 4ET £147,000 20/11/2025 Flat
Same street 67 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG £141,500 29/09/2023 Flat
37 WINDMILL COURT, NORWICH, NORFOLK, NR3 4ET £150,000 03/07/2023 Flat
Same street 97 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG £165,000 23/06/2023 Flat
158 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EE £162,500 15/06/2023 Flat
11 WINDMILL COURT, NORWICH, NORFOLK, NR3 4ET £135,000 07/06/2023 Flat
Same street 63 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG £163,000 15/05/2023 Semi-detached
8 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EF £145,000 15/12/2022 Flat
21 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EF £170,000 18/11/2022 Flat
122 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EQ £140,000 26/10/2022 Flat
Same street 58 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG £160,000 21/10/2022 Flat
Same street 81 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG £145,000 16/09/2022 Terraced
1 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EF £133,000 19/08/2022 Flat
149 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EE £142,500 22/07/2022 Flat
15 WINDMILL COURT, NORWICH, NORFOLK, NR3 4ET £140,000 20/07/2022 Flat
165 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EE £130,000 06/06/2022 Flat
509 SPROWSTON ROAD, NORWICH, NORFOLK, NR3 4EU £145,000 25/05/2022 Flat
102 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EQ £147,000 31/03/2022 Flat
145 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EQ £125,000 17/02/2022 Flat
Same street 95 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG £180,000 11/02/2022 Flat
31 WINDMILL COURT, NORWICH, NORFOLK, NR3 4ET £140,000 20/01/2022 Flat
2 WINDMILL COURT, NORWICH, NORFOLK, NR3 4ET £145,000 07/12/2021 Flat
123 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EQ £161,000 03/12/2021 Flat

Street average: £159,083 (6 sales)

Area average: £146,025 (20 sales)

Capital growth trend

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

5y growth 7.6%
10y growth 46.6%

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

1y (index) -4.7%
5y (index) 0.6%
10y (index) 15.6%

Rental Range

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

Low £1,034/mo
Realistic £1,149/mo
Optimistic £1,264/mo

Based on Local Authority from postcode lookup → Norwich.

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 Alford Grove, opp 0.0 miles
Bus stop Alford Grove, adj 0.0 miles
Shop Newscene 0.1 miles
Shop Woods Coffee Bar 0.5 miles
University Broadcast House 1.4 miles
Train station Norwich 1.7 miles
Train station Salhouse 3.8 miles
Hospital Norfolk and Norwich University Hospital:Emergency Department 4.4 miles
University Easton College 6.4 miles
Hospital Ogden Court Community Hospital 9.9 miles

Street-level crime

Category Count
Violence and sexual offences 75
Anti-social behaviour 23
Criminal damage and arson 21
Shoplifting 19
Other theft 11
Public order 10
Other crime 9
Robbery 5
Drugs 4
Vehicle crime 4
Bicycle theft 1
Burglary 1
Possession of weapons 1
Theft from the person 1
Total incidents 185

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. Clements Hill Primary Academy Primary 0.3 miles Requires improvement — 20 Mar 2023
Sprowston Junior School Primary 0.5 miles Good — 19 Jan 2018
Sprowston Infant School Primary 0.5 miles Good — 10 Mar 2020
Sprowston Community Academy Secondary 0.5 miles Good — 12 Jul 2022
Sewell Park Academy Secondary 0.6 miles Good — 22 Jun 2022

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, Belsize Road, NR1 £1,100/mo 2 1.19 miles OpenRent

Average rent: £1,100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.85%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 10.2%
Cost-to-rent ratio 9.8×
Monthly cashflow £453/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 14.4%
  • 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).