2 Bed Bungalow, Single Let, Norwich, NR15 2TE, £240,000

Chapel Avenue, Long Stratton, NR15 2TE - a year ago

Sold STC
BTL
~71 m²
+6 photos

ValuationFair Value











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£695

Running Costs/mo

£909

Cashflow/mo

£-214

Cashflow/yr

£-2,568

Gross Yield

3%













Local Rents

21 rents from £675/mo to £2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£67503/240.17 miThe Street, NR151
£89507/240.18 miManor Park Gardens, Long Stratton, NR152
£72503/240.41 miThe Street, NR151
£86507/240.44 mi-2
£86507/240.44 miThe Street, Long Stratton, Norwich, NR152
£97510/230.47 mi-3
£69512/240.48 mi-1
£70008/240.48 miThe Street, NR152
£89508/240.52 miSt. Michaels Road, NR152
£80008/240.52 miSt Michaels Road, Long Stratton, NR152
£1,15007/240.55 miJermyn Way, Tharston3
£1,25006/240.56 miJermyn Way3
£1,65006/240.59 miHolmes Close4
£1,65008/240.59 miHolmes Close4
£85001/250.61 mi-2
£1,55008/240.63 miChurchfields Road4
£69506/240.63 miChurchfields Road,Long Stratton,NR151
£97506/240.64 miNorwich Road, NR153
£2,00006/240.78 miWood Green, NR155
£1,50006/241.65 miShelton Spot, Shelton, Norwich, Norfolk, NR154
£1,95008/242.45 miFritton4

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

11.12 miles away

Nearest school

0.40 miles away

Nearest train station

7.12 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £240,000

March 18, 2024

Floor Plans

Description

  • GUIDE PRICE £240,000-£250,000 +
  • Council Tax Band B +
  • Oil heating +
  • Mains drainage +
  • Freehold - EPC Rating D +
  • No onward chain +
  • Westerly facing gardens +
  • Summer Room +
  • Conservatory +
  • Single garage +

Enjoying from being situated on a small and quiet no-through close yet within short walking distance of the centre of the village. The thriving village of Long Stratton itself is situated within mid Norfolk lying just ten miles to the south of Norwich and surrounded by the beautiful rural countryside. The village has a strong infrastructure with an excellent and diverse range of local day to day amenities and facilities whilst having a strong and active local community with excellent schooling. The historic market town of Diss is found just twelve miles to the south and also has an excellent range of day to day amenities and facilities with the benefit of a mainline railway station with regular services to London Liverpool Street. The property comprises a two bedroom detached bungalow built of traditional brick and block cavity wall construction under an interlocking tiled roof, with the benefit of upvc double glazed windows and doors, whilst being heated by an oil fired central heating boiler via radiators.  Offering light and spacious accommodation comprising entrance hall, kitchen, lounge, two bedrooms, bathroom, conservatory and summer room in the garden all being in the region of 750 sq ft. Approached via a hardstanding driveway giving off-road parking for multiple vehicles leading to the single garage with up and over door.  To the front there is an area of lawn with plants and shrubs giving colour during the summer months.  The main gardens lie to the rear of the property enjoying a westerly aspect being predominantly laid to lawn, summer room and large garden shed, whilst all being enclosed by panel fencing. ENTRANCE HALL: Giving access to he lounge, kitchen, two bedrooms and bathroom.  Airing cupboard and storage cupboard to side. KITCHEN: - 3.61m x 2.18m (11'10" x 7'2") With two windows to side, the kitchen offers a good range of wall and floor units, work surfaces, four ring gas hob with extractor above, electric oven, sink with drainer and mixer tap, space for fridge, plumbing for washing machine. LOUNGE: - 3.53m x 5.51m (11'7" x 18'1") With window to rear being a bright and spacious room, fireplace with inset electric fire to side, giving access to the conservatory. BEDROOM ONE: - 3.61m x 2.82m (11'10" x 9'3") Found to the front of the property being a double bedroom.  BEDROOM TWO: - 3.30m x 2.57m (10'10" x 8'5") A double bedroom with views over the front garden.  BATHROOM: - 2.06m x 1.47m (6'9" x 4'10") With window to side comprising large walk-in shower cubicle, low level wc and hand wash basin over vanity unit.  Heated towel rail.  Tiled walls. CONSERVATORY: - 4.65m x 3.35m (15'3" x 11'0") Found to the rear aspect being a upvc double glazed conservatory extension having views and access onto the rear gardens. AGENTS NOTE: Material Information regarding the property can be found in our Key Facts for Buyers interactive brochure located in the Virtual Tour no. 2 thumbnail. **SERVICES: 
**Drainage - mains
Heating - oil
EPC Rating - D
Council Tax Band B
Tenure - freehold

Agent Details

Whittley Parish, Long Stratton

01508 505536

Next Steps?

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