2 Bed Terraced House, Planning Permission, Norwich, NR15 1PY, £215,000

Alan Avenue, Newton Flotman, Norwich, NR15 1PY - 9 months ago

Under Offer
Planning
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£148K - £325K
Sold Prices/m²£2.2K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£221,025
BMV3%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£11,950

Total Cash In

£65,700

 

 

Cash Out

 

Rent Range

£800 - £2,150

Rent Estimate

£803

Running Costs/mo

£852

Cashflow/mo

£-49

Cashflow/yr

£-594

Gross Yield

4%

Local Sold Prices

37 sold prices from £148K to £325K, average is £205K. £2.2K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£215K11/220.01 mi7, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY2
£175K12/200.01 mi53, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY2
£211K04/220.01 mi49, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY2
£210K04/220.01 mi63, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY2
£191.5K12/200.13 mi9, Newton Close, Newton Flotman, Norwich, Norfolk NR15 1RE2
£195K07/230.15 mi19, Lime Kiln Close, Newton Flotman, Norwich, Norfolk NR15 1PL2
£166K03/240.24 mi2, School Road, Newton Flotman, Norwich, Norfolk NR15 1PR2
£280K06/211.17 miHoward, Low Road, Tasburgh, Norwich, Norfolk NR15 1LT2
£203K03/211.33 mi20, St Michaels View, Flordon, Norwich, Norfolk NR15 1RR2
£260K11/231.33 mi2, New Cottages, Saxlingham Nethergate, Norwich, Norfolk NR15 1SZ2
£325K01/241.45 miGable End, Church Hill, Saxlingham Nethergate, Norwich, Norfolk NR15 1TD2
£200K08/211.54 mi36, Church Road, Tasburgh, Norwich, Norfolk NR15 1ND2
£235K10/231.57 mi67, Bromedale Avenue, Mulbarton, Norwich, Norfolk NR14 8GG2
£175K09/231.57 mi2, Bromedale Avenue, Mulbarton, Norwich, Norfolk NR14 8GG2
£220K09/221.58 mi36, Porterbush Road, Mulbarton, Norwich, Norfolk NR14 8GL2
£160K09/211.62 mi12, Ryefield Road, Mulbarton, Norwich, Norfolk NR14 8GS2
£197.5K01/241.62 mi10, Ryefield Road, Mulbarton, Norwich, Norfolk NR14 8GS2
£310K11/221.64 mi20, Cuckoofield Lane, Mulbarton, Norwich, Norfolk NR14 8AY2
£190K12/201.64 mi16, Woodland Rise, Tasburgh, Norwich, Norfolk NR15 1NF2
£148K07/221.64 mi20, Woodland Rise, Tasburgh, Norwich, Norfolk NR15 1NF2
£205K12/201.65 mi2, Oak Close, Tasburgh, Norwich, Norfolk NR15 1UN2
£223.5K03/231.65 mi9, Oak Close, Tasburgh, Norwich, Norfolk NR15 1UN2
£205K03/231.68 mi13, Chestnut Road, Tasburgh, Norwich, Norfolk NR15 1UH2
£215K04/221.68 mi3, Chestnut Road, Tasburgh, Norwich, Norfolk NR15 1UH2
£265K04/211.69 mi12, Birchfield Gardens, Mulbarton, Norwich, Norfolk NR14 8BT2
£300K04/231.69 mi12, Birchfield Gardens, Mulbarton, Norwich, Norfolk NR14 8BT2
£228K09/231.69 mi9, Otter Drive, Mulbarton, Norwich, Norfolk NR14 8QG2
£197K11/201.78 mi90, Cuckoofield Lane, Mulbarton, Norwich, Norfolk NR14 8AZ2
£200K10/201.78 mi158, Cuckoofield Lane, Mulbarton, Norwich, Norfolk NR14 8AZ2
£260K06/211.82 miFairfield, The Common, Mulbarton, Norwich, Norfolk NR14 8AE2
£228.9K05/211.84 mi16, Tudor Way, Mulbarton, Norwich, Norfolk NR14 8BP2
£192.5K04/211.85 mi61, Southern Reach, Mulbarton, Norwich, Norfolk NR14 8BU2
£202.5K02/211.93 mi7, Station Close, Swainsthorpe, Norwich, Norfolk NR14 8PW2
£202K03/211.96 mi66, Lark Rise, Mulbarton, Norwich, Norfolk NR14 8EG2
£235K11/221.97 mi31, Partridge Drive, Mulbarton, Norwich, Norfolk NR14 8RL2
£182K02/241.97 mi9, Partridge Drive, Mulbarton, Norwich, Norfolk NR14 8RL2
£190K06/211.97 mi17, Partridge Drive, Mulbarton, Norwich, Norfolk NR14 8RL2

Local Rents

29 rents from £800/mo to £2.1K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,20008/240.04 miAlan Avenue, NR153
£1,20008/240.05 miAlan Avenue, Newton Flotman, NR153
£1,15006/240.09 miOlive Avenue, Newton Flotman, Norwich3
£1,37507/241.38 miMinnow Way, Mulbarton, Norwich, Norfolk, NR143
£1,15003/241.39 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,25006/241.41 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£95003/241.53 miMalthouse, Norwich Road, Swainsthorpe, Norwich, NR142
£99506/241.54 miBromdale Avenue, Mulbarton, NR14 8GG3
£90009/231.57 mi-2
£1,19506/241.57 miMulbarton3
£87509/241.57 miBromedale Avenue, Mulbarton, NORWICH1
£92507/241.59 miWheatfield Road, NR142
£1,10007/241.6 miRyefield Road, NR143
£90002/241.6 mi-2
£90012/241.6 mi-2
£80006/241.6 miRyefield Road, Mulbarton, Norwich, South Norfolk, NR142
£99506/241.67 miWoodyard Close, Mulbarton3
£1,20007/241.68 miGowing Road, Mulbarton, NR143
£1,25011/231.71 mi-3
£1,20002/251.79 mi-3
£80006/241.8 miThe Common, Mulbarton2
£82508/231.87 mi-1
£85008/241.87 mi-1
£85012/241.87 mi-1
£85003/251.87 mi-1
£1,05003/241.88 mi-3
£1,10007/241.92 miHawes Green2
£1,00007/241.92 miMulbarton3
£2,15006/241.98 miThe Common, Dunston, Norwich3

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

7.32 miles away

Nearest school

0.30 miles away

Nearest train station

6.19 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £215,000

December 4, 2024

Listed for £220,000

July 3, 2024

Floor Plans

Description

  • Price guide £215,000 to £220,000 +
  • 2 x allocated parking spaces +
  • Larger than average garden +
  • Close to public transport +
  • Easy commute to Norwich city centre +
  • En-suite to main bedroom +
  • 2nd double bedroom and 2nd bathroom +
  • EPC rating C +
  • Freehold +
  • Council Tax Band B +

The property comprises of a two bedroom end of terrace house having been built in 2001 of traditional construction under a pitched interlocking tiled roof and having had the benefit of the installation of double glazed windows and doors whilst being heated by a gas fired central heating boiler via radiators. The gardens lie to the rear and side aspects of the property and are considerably larger in comparison to neighbouring properties by way of being set on a corner plot position. The rear garden is predominantly laid to lawn with side access leading to the 2 x parking spaces. The original owners had planning permission to erect a garage and the base for this has been laid. Found within a pleasing and attractive development the property enjoys a secluded setting within a quiet cul-de-sac position. The sought after village of Newton Flotman lies within the beautiful countryside of mid Norfolk along the river Tas and just some seven miles to the south of Norwich and only four miles to the north of Long Stratton, (with the latter providing a good range of day to day amenities and facilities). Within the village there is still the benefit of good schooling, a doctor's surgery, fine church and popular indian restaurant. The accommodation is as follows: Entrance Hall Accessed via door to front with newly carpeted stairs rising to first floor level and further door giving access through to the lounge. Lounge - 4.47m x 3.18m (14'8" x 10'5") This light, bright and airy room offers a pleasing outlook onto the cul-de-sac and has wood effect flooring throughout. Kitchen/Diner - 4.09m x 2.62m (13'5" x 8'7") The kitchen area offers a good range of wall and floor unit cupboard space with work surfaces over, inset sink with drainer and mixer tap, plumbing for washing machine, ceramic hob with extractor above and double oven below, large storage cupboard beneath stairs, ample space for table and chairs, sliding doors giving access to the rear garden. Bedroom One This spacious main bedroom has built-in wardrobe cupboards and the luxury of en-suite facilities. Ensuite Three piece suite in white comprising of shower cubicle, pedestal hand wash basin, low level WC, new flooring and frosted window to the front. Bedroom Two - 3.05m x 2.16m (10'0" x 7'1") Being another double bedroom again with built-in wardrobes, new carpet and being located adjacent the bathroom. Bathroom - 1.91m x 1.85m (6'3" x 6'1") Three piece suite in white comprising panel bath with shower over bath, pedestal wash hand basin, low level WC, rear aspect frosted window. 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 - gas
EPC Rating C
Council Tax Band B
Tenure - freehold

Agent Details

Whittley Parish, Long Stratton

01508 505536

Next Steps?

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