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Studio to rent

£450 pcm (£104 pw)

Magdalen Road, Norwich NR3

Studio to rent
Interested in this property? Call +44 1603 963689 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Unfurnished ground floor studio flat conveniently situated in norwich city centre. Available immediately.

  • Fitted kitchen* sitting room/bedroom* shower room*current EPC rating D*current council tax band A*

    Leave Norwich via Magdalen Street. Continue into Magdalen Road and number 22 will be found on your left.

    Tenants



To reserve a property a holding deposit equivalent to one week’s rent is payable. This will reserve the property for you whilst reference and other pre tenancy checks are carried out. Please note that this deposit will be withheld if the prospective tenant or any relevant person (including guarantor(s)) withdraw from the proposed tenancy, fail a right to rent check, provide false or misleading information which it was reasonable to rely on when considering the application, or fail to sign the tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or any other deadline for Agreement as mutually agreed in writing). If successful, the holding deposit will be used towards the first months’ rent.

Deposits

We will require on or before the commencement of any let agreement, the equivalent of five weeks’ rent together with one month’s rent in advance. As the above funds must be ‘cleared funds’ before the tenancy commences, we require payment direct into our account.

Tenancy agreement

All adults wishing to live at the property will be named on the tenancy agreement. The tenancy agreement will provide for all persons under the tenancy to be joint and severally liable for the covenants contained therein. Adults who are not named on the tenancy Agreement jointly may not live in the property.

Please be aware that marketing photographs for this property may have been taken using a wide-angle lens. If you have any specific questions about presentation of the property, configuration of accommodation or the layout of rooms, please call us before undertaking a viewing.

Tenants should be aware that they are responsible for arranging contents insurance. We will be happy to introduce you to our insurance partner, if required and from which we may derive some commission.

The rent is exclusive of outgoings; therefore, tenants will be required to pay all utility bills generated throughout the tenancy period.

Tenants proposing to occupy the property must view the interior prior to submission of an application and satisfy themselves that the property, presentation, fixtures and fittings are as they understand. Mills Knight accept no responsibility for any error or emission in these marketing details.

Please note that the landlord is a connected person as defined by Section 21 of the Estate Agents Act 1979.

Property info

Property value data/graphs for NR3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £365,455 £229 3.3 £304,625
Semi-detached £299,434 £200 3.0 £275,920
Terraced £307,506 £223 2.8 £227,361
Flats £202,127 £234 1.8 £143,219

Current asking prices in NR3

Average: £238,127
Avg. current asking prices in NR3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £228,165
(30)
£256,882
(85)
£403,333
(6)
£453,333
(3)
Flats £110,000
(15)
£194,327
(30)
£220,000
(2)
- -
All £110,000
(15)
£211,246
(60)
£256,034
(87)
£403,333
(6)
£453,333
(3)

Current asking rents in NR3

Average: £1,042 pcm
Avg. current asking prices in NR3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £578 pcm
(10)
£974 pcm
(3)
£1,289 pcm
(6)
£1,952 pcm
(7)
£2,245 pcm
(1)
Flats £620 pcm
(16)
£959 pcm
(5)
- - -
All £604 pcm
(26)
£964 pcm
(8)
£1,289 pcm
(6)
£1,952 pcm
(7)
£2,245 pcm
(1)

Fun facts for NR3

Highest value in NR3
Highest value streets Zed-Index
Dyers Yard £557,601
Fishergate £533,841
St. James Meadow £476,294
Oak Street £474,296
Old Grove Court £469,275
Highest turnover in NR3
Highest turnover streets Turnover
John Stephenson Court 52.0%
Harry Watson Court 45.8%
The Watering 38.1%
Rosebery Road 34.2%
Rackham Road 34.1%
Arrange Viewing

For more information about this property, please contact
Mills Knight, NR2 on +44 1603 963689 * (local rate)

Monthly running costs Beta

£523 Monthly total

Energy

Gas £16 Electricity £31 Estimated energy cost £47/mo

Similar properties could save up to £139

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £10 Sewerage £16 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Rent

Rental cost £450 /mo

Could you afford to buy?

Paying a mortgage can sometimes cost less than renting. Use this calculator to work out what properties you could afford to buy for the same monthly amount you'd pay in rent.

Monthly payment
Deposit
Interest rate 1.5
Repayment term 35
You could afford £ est. How Much Could I Borrow In partnership with money.co.uk

These results are not provided by money.co.uk and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Contact Mills Knight about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Mills Knight, and do not constitute property particulars. Please contact Mills Knight for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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