# 2 bedroom flat for sale (NR3 4EG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 59 TEMPLEMERE, NORWICH, NORFOLK NR3 4EG |
| Price | £130,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £130,000 Dec 2025 |

## 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.

## Property Photos

- ![Photo](/listings/photos/166588934/633725) - Photo
- ![Photo](/listings/photos/166588934/633726) - Photo
- ![Photo](/listings/photos/166588934/633727) - Photo
- ![Photo](/listings/photos/166588934/633728) - Photo
- ![Photo](/listings/photos/166588934/633729) - Photo
- ![Photo](/listings/photos/166588934/633730) - Photo
- ![Photo](/listings/photos/166588934/633731) - Photo
- ![Photo](/listings/photos/166588934/633732) - Photo
- ![Photo](/listings/photos/166588934/633733) - Photo
- ![Photo](/listings/photos/166588934/633734) - Photo
- ![Photo](/listings/photos/166588934/633735) - Photo
- ![Photo](/listings/photos/166588934/633736) - Photo
- ![Photo](/listings/photos/166588934/633737) - Photo
- ![Photo](/listings/photos/166588934/633738) - Photo

## Floorplans

- ![Focal Integrated](/listings/photos/166588934/633739) - Focal Integrated

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/166588934/633740) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG | £130,000 | 22/12/2025 | Flat |
| 59 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG | £94,950 | 17/06/2005 | Flat |
| 59 TEMPLEMERE, NORWICH, NORFOLK, NR3 4EG | £35,500 | 07/12/1999 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £152,400 (20 Flat, NR3, 2024–2026)
- **Deviation:** -14.7%

## Rental Range

*ONS Price Index of Private Rents (Norwich). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,034/mo
- **Realistic:** £1,149/mo
- **Optimistic:** £1,264/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Norfolk & Norwich (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £693/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.85% (okay)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 10.2%
- **Cost-to-rent:** 9.8×
- **Monthly cashflow:** £453/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 14.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** 7.6%
- **10y growth:** 46.6%

## House Price Index (HM Land Registry)

*Official index for Norwich; Flats and maisonettes series; as of March 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)