3 Bed Semi-Detached House, Single Let, Norwich, NR8 5FZ, £250,000

Redpoll Road, Costessey, Norwich, NR8 5FZ - 3 views - a year ago

BTL
ROI: 2%
~150 m²
+10 photos

ValuationUndervalued

Sold Prices£135K - £493.5K
Sold Prices/m²£1.8K/m² - £6.8K/m²

 

 

Square Metres

~150 m²
Price/m²£1.7K/m²

Value Estimate

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£995 - £1,450

Rent Estimate

£1,125

Running Costs/mo

£1,026

Cashflow/mo

£99

Cashflow/yr

£1,185

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £135K to £493.5K, average is £241K. £1.8K/m² to £6.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£211.5K04/210.04 mi8, Crossbill Close, Costessey, Norwich, Norfolk NR8 5FY3
£208K10/200.07 mi27, Pochard Street, Costessey, Norwich, Norfolk NR8 5FP3
£275K09/230.07 mi26, Pochard Street, Costessey, Norwich, Norfolk NR8 5FP3
£285K12/220.09 mi4, Heron Road, Costessey, Norwich, Norfolk NR8 5FJ3
£244K08/210.12 mi3, Holly Blue Mews, Costessey, Norwich, Norfolk NR8 5GR3
£280K02/230.13 mi26, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GT3
£260K05/210.13 mi24, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GT3
£265K06/230.14 mi19, Red Admiral Close, Costessey, Norwich, Norfolk NR8 5GU3
£225K04/230.14 mi13, Red Admiral Close, Costessey, Norwich, Norfolk NR8 5GU3
£220K04/210.15 mi21, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GS3
£242K09/230.16 mi5, Woodpecker Way, Costessey, Norwich, Norfolk NR8 5FD3
£212K03/210.16 mi6, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF3
£237.5K05/230.16 mi30, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF3
£233.5K08/210.2 mi28, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET3
£247.5K09/230.26 mi2, Siskin Close, Costessey, Norwich, Norfolk NR8 5BL3
£220K12/200.29 mi19, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ3
£245K04/230.29 mi11, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ3
£220K11/210.32 mi47, Kestrel Avenue, Costessey, Norwich, Norfolk NR8 5FT3
£236K12/220.32 mi48, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£187K02/210.33 mi22, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£224.4K06/230.33 mi22, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£230K01/230.33 mi14, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£220K09/230.33 mi60, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£230K11/220.34 mi34, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH3
£195K07/210.35 mi32, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH3
£135K07/210.36 mi35, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE3
£275K08/230.39 mi36, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£242.5K06/240.39 mi77, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£225K08/240.39 mi27, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£210K03/240.4 mi11, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£223K11/200.4 mi15, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£204K07/210.4 mi6, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£260K06/230.42 mi82, Bahram Road, Costessey, Norwich, Norfolk NR8 5EY3
£224K12/200.43 mi22, Blackhill Wood Lane, Costessey, Norwich, Norfolk NR8 5GG3
£275K04/240.44 mi29, Wilderness Road, Costessey, Norwich, Norfolk NR8 5GJ3
£440K06/230.44 mi177, West End, Costessey, Norwich, Norfolk NR8 5AW3
£431.5K10/230.44 mi170, West End, Costessey, Norwich, Norfolk NR8 5AW3
£493.5K03/230.44 mi197, West End, Costessey, Norwich, Norfolk NR8 5AW3
£275K05/240.44 mi186, West End, Costessey, Norwich, Norfolk NR8 5AW3
£250K12/200.46 mi7, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£315K01/230.46 mi7, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£197K06/210.48 mi3, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£261K08/230.55 mi9, Linalls Drive, Costessey, Norwich, Norfolk NR8 5AS3
£234K11/200.59 mi124, West End, Costessey, Norwich, Norfolk NR8 5AN3
£250K11/200.59 mi9, Blyth's Wood Avenue, Costessey, Norwich, Norfolk NR8 5HA3
£240K02/210.59 mi153, West End, Costessey, Norwich, Norfolk NR8 5AN3
£405K03/210.93 mi232, Taverham Road, Taverham, Norwich, Norfolk NR8 6SX3
£302K05/210.93 mi2, Taverham Chase, Taverham, Norwich, Norfolk NR8 6NZ3
£396K03/230.94 miRoslin, The Street, Taverham, Norwich, Norfolk NR8 6TE3
£352.5K06/210.94 mi8, The Street, Taverham, Norwich, Norfolk NR8 6TD3

Local Rents

12 rents from £995/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.08 miHeron Road, Norwich3
£1,25012/240.1 miPochard Street, Costessey, Norwich3
£1,29512/240.15 mi-3
£1,25006/240.2 miRobin Close, Queens Hill, Costessey, NR83
£1,30006/240.32 miKingfisher Close, NR8 5BF3
£1,10012/240.34 mi-3
£1,25011/240.37 mi-3
£1,29506/240.46 miBreydon Drive, NR83
£1,45002/250.55 mi-3
£1,45012/240.55 miWoodcock Hill, Costessey, Norwich, NR83
£99503/250.62 mi-3
£99504/250.62 mi-3

Local Area Statistics

Population in NR8

20,321

Population in Norwich

366,887

Town centre distance

4.73 miles away

Nearest school

0.30 miles away

Nearest train station

5.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £250,000

September 26, 2024

Listed for £260,000

May 8, 2024

Floor Plans

Description

  • Deceptivly Spacious Semi Detached Family Home +
  • Three Generous Bedrooms With En-Suite To The Master +
  • Open Plan Kitchen/Diner +
  • Bay Fronted Lounge +
  • Modern Bathroom Suite +
  • Enclosed Rear Garden +
  • Garage & Driveway +
  • Sought After Edge Of Development Position +
  • Easy Access To The Local Schools And Amenities +
  • EPC Rating C / Council Tax Band D +

*SPACIOUS SEMI* Iconic estate agents are delighted to bring to the market this well presented semi detached family home offering deceptively spacious accommodation throughout. Upon entering the property, you are met by a spacious entrance hall with stairs rising to the first floor, under stairs storage, a two piece cloakroom, a bay fronted 15ft lounge with French doors to the garden and an open plan kitchen/diner. The kitchen boasts a modern range of wall and base units with worksurface over and an integrated oven and hob, there are also French doors that lead through to the enclosed garden. Upstairs off the landing there are three generous bedrooms and a modern bathroom suite with the master bedroom boasting an en-suite shower room. Outside to the front there is a picket fence enclosed garden which is mainly laid to lawn whilst to the rear there is an enclosed garden with patio area and plant boarders. The rear garden also gives gated access to the communal parking area where you will find the garage and driveway. We strongly advise an internal viewing to avoid disappointment on this well presented family home in Queens Hills.

Agents Notes: Ground Maintenance £50 pa.

Agent Details

Iconic, Taverham

01603 361880

Next Steps?

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