4 Bed Detached House, Single Let, Norwich, NR4 7SZ, £425,000

Rose Drive, Cringleford, Norwich, Norfolk, NR4 7SZ - 10 months ago

BTL
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£295K - £885K
Sold Prices/m²£2.5K/m² - £7.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£473,675
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£23,900

Total Cash In

£130,150

 

 

Cash Out

 

Rent Range

£800 - £2,595

Rent Estimate

£1,198

Running Costs/mo

£1,588

Cashflow/mo

£-390

Cashflow/yr

£-4,677

Gross Yield

3%

Local Sold Prices

32 sold prices from £295K to £885K, average is £546.5K. £2.5K/m² to £7.6K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£407K01/210.07 mi2, The Pines, Cringleford, Norwich, Norfolk NR4 7LT4
£340K12/220.08 mi44, Verbena Road, Cringleford, Norwich, Norfolk NR4 7ST4
£422K03/210.08 mi6, Daffodil Close, Cringleford, Norwich, Norfolk NR4 7SN4
£535K06/230.08 mi29, Peregrine Mews, Cringleford, Norwich, Norfolk NR4 7NB4
£325K08/210.08 mi21, Peregrine Mews, Cringleford, Norwich, Norfolk NR4 7NB4
£312K03/210.11 mi12, Dunlin Drive, Cringleford, Norwich, Norfolk NR4 7PX4
£403K11/200.15 mi8, Raven Croft, Cringleford, Norwich, Norfolk NR4 7NA4
£405K08/240.24 mi32, Almond Drive, Cringleford, Norwich, Norfolk NR4 7SJ4
£877K08/210.34 mi3, St Lawrence Drive, Norwich, Norfolk NR4 7RZ4
£575K08/230.35 mi21, Newfound Drive, Norwich, Norfolk NR4 7RY4
£750K03/240.35 mi16, Newfound Drive, Norwich, Norfolk NR4 7RY4
£440K12/220.4 mi21, Viola Close, Cringleford, Norwich, Norfolk NR4 7JL4
£740K03/210.43 mi64a, Colney Lane, Cringleford, Norwich, Norfolk NR4 7RF4
£625K12/200.52 mi23a, Cantley Lane, Norwich, Norfolk NR4 6TA4
£625K08/230.52 mi21a, Cantley Lane, Norwich, Norfolk NR4 6TA4
£495K02/230.56 mi1, Langley Close, Norwich, Norfolk NR4 6XW4
£650K01/210.57 mi58, Brettingham Avenue, Norwich, Norfolk NR4 6XJ4
£635K04/230.59 mi9, Keswick Road, Cringleford, Norwich, Norfolk NR4 6UH4
£500K08/210.61 mi18, Taylor Avenue, Norwich, Norfolk NR4 6XY4
£645K12/220.63 mi13, The Ridings, Cringleford, Norwich, Norfolk NR4 6UJ4
£515K02/230.66 mi8, Patteson Close, Norwich, Norfolk NR4 6XX4
£375K02/210.68 mi13, Churchfield, Norwich, Norfolk NR4 6UP4
£510K08/230.73 mi18, Armitage Close, Norwich, Norfolk NR4 6XZ4
£558K12/200.76 mi10, Meadway, Norwich, Norfolk NR4 6XS4
£675K03/210.85 mi40, Bluebell Road, Norwich, Norfolk NR4 7LG4
£680K03/210.85 mi52, Bluebell Road, Norwich, Norfolk NR4 7LG4
£576.5K06/210.85 mi34, Bluebell Road, Norwich, Norfolk NR4 7LG4
£590K11/200.87 mi42, Keswick Road, Cringleford, Norwich, Norfolk NR4 6UQ4
£295K08/230.91 mi7, Norvic Drive, Norwich, Norfolk NR4 7NL4
£415K06/230.96 mi11, Leng Crescent, Norwich, Norfolk NR4 7NX4
£570K12/200.98 mi5, Poplar Avenue, Norwich, Norfolk NR4 7LB4
£885K12/200.99 mi43, Church Lane, Eaton, Norwich, Norfolk NR4 6NW4

Local Rents

51 rents from £800/mo to £2.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55006/240 miRose Drive, Cringleford, NORWICH3
£1,55006/240 miRose Drive, Norwich, Norfolk, NR43
£1,50006/240.05 mi-3
£1,50006/240.05 mi-3
£1,50006/240.05 miRose Drive, Norwich, NR43
£1,19902/250.06 mi-3
£1,30006/240.08 miPeregrine Mews, NR4 7NB3
£1,35006/240.08 miPeregrine Mews, Cringleford3
£1,40012/240.11 mi-3
£1,80012/240.12 mi-4
£2,00012/240.12 mi-4
£1,40012/240.13 miDragonfly Lane, Cringleford3
£1,35012/240.15 miCringleford3
£1,40006/240.17 miWoodpecker Lane, Cringleford, Norwich3
£2,00006/240.19 miNightingale Drive, Round House Park5
£1,82004/250.19 mi-4
£1,50012/240.19 miAlmond Drive, Cringleford4
£2,59506/240.2 mi-3
£2,59505/240.2 mi-3
£2,59512/240.2 mi-3
£1,97503/250.2 mi-3
£1,97504/250.2 mi-3
£1,40012/240.21 mi-3
£1,29506/240.22 miDragonfly Lane, Cringleford, Norwich, NR43
£1,65006/240.24 miAlmond Drive, Cringleford, Norwich, NR44
£1,50012/240.25 mi-3
£1,55004/250.25 mi-3
£2,19912/240.25 miLamb Lane, Norwich, NR44
£1,99912/240.25 mi-4
£1,95004/250.27 mi-4
£1,85012/240.28 miPoppy Close, Cringleford5
£1,70006/240.3 miFern Drive, Cringleford5
£1,35006/240.33 miWillowcroft Way, Norwich3
£1,55012/240.33 miWillowcroft Way, Cringleford, Norwich4
£1,10006/240.35 miLobelia Lane, Cringleford3
£1,90012/240.35 miLobelia Lane, Norwich6
£1,99512/240.35 miCringleford, Norwich3
£1,45012/240.36 miScott-Moncrief Street, Cringleford3
£1,55006/240.37 miWillowcroft Way, Cringleford, Norwich4
£1,45012/240.38 miHaldane Drive, NR4 7FY3
£1,50002/250.39 mi-3
£1,75006/240.4 miViola Close, Cringleford5
£1,50012/240.41 miWillowcroft Way, Cringleford3
£1,45006/240.42 mi-3
£1,45006/240.42 miHaldane Drive, Norwich, NR43
£1,40006/240.44 miFreesia Way, Cringleford, NORWICH3
£1,85006/240.45 miFreesia Way, Cringleford, Norwich5
£1,40006/240.49 miLamb Lane, Cringleford, Norwich3
£1,67512/240.49 mi-3
£80002/240.52 mi-3
£1,70012/240.56 miBrettingham Avenue, Norwich3

Local Area Statistics

Population in NR4

22,331

Population in Norwich

366,887

Town centre distance

3.42 miles away

Nearest school

0.20 miles away

Nearest train station

3.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £425,000

January 7, 2025

Listed for £440,000

June 11, 2024

Floor Plans

Description

NO ONWARD CHAIN Abbotts are delighted to welcome this stunning four-bedroom detached family home, situated in the highly sought-after area of Cringleford, Norwich.

Perfectly designed for modern family living, this residence offers spacious and versatile accommodation throughout.

Upon entering, you are greeted by a bright and welcoming hallway leading to a large kitchen diner, ideal for family meals and entertaining guests. The generous lounge provides ample space for relaxation, while the ground floor cloakroom adds convenience.

The first floor comprises four well-proportioned bedrooms, including a main bedroom with an en-suite shower room. A family bathroom serves the remaining three bedrooms, ensuring comfort for all family members.

Externally, the property features a driveway and garage to the side, offering ample parking and storage solutions. The rear garden, predominantly laid to lawn, is enclosed by a combination of a brick wall and timber fence, providing a secure and private outdoor space for children to play and for hosting summer gatherings.

Offered with no onward chain, this home is move-in ready and ideal for families seeking a peaceful yet convenient location. Don’t miss the opportunity to make this your dream family home in Cringleford.

Agent Details

Abbotts, Norwich

01603 361914

Next Steps?

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