3 Bed Bungalow, Single Let, Norwich, NR13 3TU, £270,000

Church View Close, Reedham, NR13 3TU - a year ago

BTL
~82 m²
+16 photos

ValuationOvervalued

Sold Prices£190K - £612.5K
Sold Prices/m²£2.1K/m² - £4.7K/m²

 

 

Square Metres

~81.80 m²
Price/m²£3.3K/m²

Value Estimate

£243,833

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£750 - £1,500

Rent Estimate

£825

Running Costs/mo

£1,029

Cashflow/mo

£-204

Cashflow/yr

£-2,445

Gross Yield

4%

Local Sold Prices

34 sold prices from £190K to £612.5K, average is £278.8K. £2.1K/m² to £4.7K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£240K06/230.15 mi10, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£240K06/230.15 mi10, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£245K03/210.15 mi1, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£340K01/240.15 mi4, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£500K09/230.22 mi8, Quay Terrace, Reedham, Norwich, Norfolk NR13 3TG3
£213K11/200.29 mi40, Church Road, Reedham, Norwich, Norfolk NR13 3TX3
£295K12/200.31 mi15, Riverside, Reedham, Norwich, Norfolk NR13 3TQ3
£445K10/210.38 mi18a, Station Road, Reedham, Norwich, Norfolk NR13 3TA3
£302.5K11/200.4 miHey Barn, Church Road, Reedham, Norwich, Norfolk NR13 3TZ3
£310K08/210.4 mi19, Yareview Close, Reedham, Norwich, Norfolk NR13 3SZ3
£285K02/230.4 mi5, Yareview Close, Reedham, Norwich, Norfolk NR13 3SZ3
£260K06/210.44 mi9, The Havaker, Reedham, Norwich, Norfolk NR13 3HG3
£290K09/210.52 mi1, Station Drive, Reedham, Norwich, Norfolk NR13 3JF3
£220K10/231.87 mi19, Youngs Crescent, Freethorpe, Norwich, Norfolk NR13 3XA3
£305K04/211.88 mi35, Chapelfield, Freethorpe, Norwich, Norfolk NR13 3LY3
£425K01/241.9 miHole Haven, Low Road, Thurlton, Norwich, Norfolk NR14 6PZ3
£220K09/211.92 mi3, Old Chapel Road, Freethorpe, Norwich, Norfolk NR13 3LU3
£612.5K03/212 mi71, The Green, Freethorpe, Norwich, Norfolk NR13 3NY3
£190K08/212.24 miPoppys Place, The Street, Norton Subcourse, Norwich, Norfolk NR14 6RR3
£340K07/232.32 miHighland, Church Road, Thurlton, Norwich, Norfolk NR14 6RN3
£257K05/232.43 mi26, Links Way, Thurlton, Norwich, Norfolk NR14 6RF3
£230K04/212.43 mi28, Links Way, Thurlton, Norwich, Norfolk NR14 6RF3
£289.9K03/212.45 mi3, Halvergate Road, Freethorpe, Norwich, Norfolk NR13 3NS3
£235K12/202.46 mi6, Meadow Close, Thurlton, Norwich, Norfolk NR14 6RQ3
£215K03/212.55 mi5, Beccles Road, Thurlton, Norwich, Norfolk NR14 6RE3
£222.5K04/212.7 miSunnyside, Station Road, Cantley, Norwich, Norfolk NR13 3SH3
£345K03/232.73 mi4, Highland Close, Cantley, Norwich, Norfolk NR13 3SW3
£295K06/212.78 mi5, Church Road, Cantley, Norwich, Norfolk NR13 3SL3
£327K12/232.82 mi5, Barley Close, Cantley, Norwich, Norfolk NR13 3AF3
£272.5K12/202.82 mi1, Barley Close, Cantley, Norwich, Norfolk NR13 3AF3
£253K01/212.88 mi31, Burnt House Road, Cantley, Norwich, Norfolk NR13 3RT3
£256K11/202.9 miRobins Nest, The Street, Halvergate, Norwich, Norfolk NR13 3AJ3
£233K03/212.94 miThe Cottage, The City, Halvergate, Norwich, Norfolk NR13 3PX3
£290K01/242.95 mi2, Priory Close, St Olaves, Great Yarmouth, Norfolk NR31 9HH3

Local Rents

12 rents from £750/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£92507/240.26 miReedham2
£89506/240.28 miRiverside, Reedham2
£1,10006/240.38 miStation Road, Reedham2
£95006/240.52 miStation Drive, Reedham, Norwich2
£82507/241.42 miLimpenhoe2
£1,49507/241.68 miLow Road, Norton Subcourse4
£95007/241.9 miPearsons Close, Freethorpe, Norwich3
£82507/241.95 miLimpenhoe3
£75008/242 miThe Green, Freethorpe, Norwich1
£1,35006/242.1 miSutton Crescent, NR134
£1,35006/242.1 miSutton Crescent, NR134
£1,50007/242.27 miThe Street4

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

12.88 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £270,000

February 4, 2025

Price changed to £280,000

December 4, 2024

Listed for £300,000

January 31, 2024

Floor Plans

Description

  • DETACHED BUNGALOW +
  • THREE BEDROOMS +
  • WOOD BURNER +
  • FANTASTIC FIELD VIEWS +
  • LARGE DRIVEWAY PARKING +
  • ENCLOSED REAR GARDEN +
  • LARGE LOUNGE LIVING SPACE +
  • GARAGE +

DETACHED BUNGALOW WITH STUNNING FIELD VIEWS Gilson Bailey are delighted to offer this three bedroom detached bungalow situated in the tranquil village of Reedham, the perfect property for a peaceful and quiet living.

The bungalow is well presented throughout and offers a lounge diner measuring 27 foot long, the current owner has fitted a beautiful wood burner making this area a great place to entertain.

The accommodation comprises of an entrance hall, lounge diner, kitchen, three bedrooms and a family bathroom.

Outside the property to the front is an easy to maintain garden laid to lawn with a long driveway to the side of the property leading to the garage. With access to the rear garden via the side gate, mainly laid to lawn and enclosed by fencing it really is a versatile space. The garage has electrics and has a separate space to the back which could be used as a workshop or a gym.

Location
A train station offers excellent link to Norwich, Great Yarmouth, Lowestoft and further afield to London. The Reedham Chain Ferry transports visitors across the Yare towards Beccles. Acle is the closest market town and offers a large array of amenities including surgeries, veterinary practice, train station, bus routes, banks and supermarket. The Cathedral city of Norwich is approximately 15 miles west and boasts a excellent array of shopping, restaurants, galleries & theatres, cinemas, two cathedrals and numerous parks.

Entrance Hall
Fitted carpet, storage cupboard, door to the side.

Lounge Diner - 27'11" (8.51m) x 10'11" (3.33m)
Fitted carpet throughout, wood burner, TV point, open plan into dining area, windows to side and rear, french doors leading to the rear garden.

Kitchen - 9'8" (2.95m) x 8'1" (2.46m)
Fitted with matching base, wall and drawer units, stainless steel sink and drainer, plumbing for the washing machine, housing the boiler, window to the side.

Bedroom One - 11'7" (3.53m) x 11'5" (3.48m)
Fitted carpet, radiator, window to the rear.

Bedroom Two - 10'11" (3.33m) x 7'10" (2.39m)
Fitted carpet, radiator, window to the front.

Bedroom Three - 11'7" (3.53m) x 9'0" (2.74m)
Fitted carpet, radiator, window to the front.

Bathroom
Fitted with white WC, wash basin and shower cubicle, tiled walls, radiator, blurred window to the side.

Outside
To the front is an easy to maintain garden laid to lawn with a long driveway to the side of the property leading to the garage. With access to the rear garden via the side gate, mainly laid to lawn and enclosed by fencing it really is a versatile space. The garage has electrics and has a separate space to the back which could be used as a workshop or a gym.

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Gilson Bailey cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Agent Details

Gilson Bailey, Brundall

01603 717717

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪