3 Bed Detached House, Single Let, Norwich, NR13 5FE, £280,000

Macmillan Way, Little Plumstead, Norwich, Norfolk, NR13 5FE - 9 months ago

BTL
~151 m²
+10 photos

ValuationUndervalued

Sold Prices£185K - £400K
Sold Prices/m²£2.1K/m² - £4.7K/m²

 

 

Square Metres

~150.80 m²
Price/m²£1.9K/m²

Value Estimate

£341,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£625 - £2,625

Rent Estimate

£650

Running Costs/mo

£1,025

Cashflow/mo

£-375

Cashflow/yr

£-4,500

Gross Yield

3%

Local Sold Prices

22 sold prices from £185K to £400K, average is £290K. £2.1K/m² to £4.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£268K07/210.04 mi28, Macmillan Way, Little Plumstead, Norwich, Norfolk NR13 5FE3
£250K02/240.04 mi26, Macmillan Way, Little Plumstead, Norwich, Norfolk NR13 5FE3
£232K03/210.07 mi32, Morris Drive, Little Plumstead, Norwich, Norfolk NR13 5FD3
£256K09/210.09 mi11, Nelson Drive, Little Plumstead, Norwich, Norfolk NR13 5FL3
£290K06/220.11 mi48, Kevill Davis Drive, Little Plumstead, Norwich, Norfolk NR13 5FB3
£315K07/230.12 mi17, Astley Road, Little Plumstead, Norwich, Norfolk NR13 5ET3
£260K03/210.17 mi55, Kevill Davis Drive, Little Plumstead, Norwich, Norfolk NR13 5FB3
£216K12/200.7 mi66, Blofield Corner Road, Blofield, Norwich, Norfolk NR13 4SA3
£220K01/240.7 mi68, Blofield Corner Road, Blofield, Norwich, Norfolk NR13 4SA3
£216K12/200.7 mi66, Blofield Corner Road, Blofield, Norwich, Norfolk NR13 4SA3
£319.1K09/230.7 mi8, St Marys Close, Great Plumstead, Norwich, Norfolk NR13 5EY3
£290K01/240.72 mi35, Emmas Way, Little Plumstead, Norwich, Norfolk NR13 5HP3
£207.5K02/230.72 mi7, Emmas Way, Little Plumstead, Norwich, Norfolk NR13 5HP3
£372.5K03/240.78 miBroads Close, Post Office Road, Little Plumstead, Norwich, Norfolk NR13 5AD3
£375K04/230.78 miPetra, Post Office Road, Little Plumstead, Norwich, Norfolk NR13 5AD3
£310K01/230.78 mi38, Sandhole Lane, Little Plumstead, Norwich, Norfolk NR13 5HZ3
£185K11/200.86 mi12, Fairfield Close, Little Plumstead, Norwich, Norfolk NR13 5JD3
£315K07/230.87 mi44, Salhouse Road, Little Plumstead, Norwich, Norfolk NR13 5JJ3
£400K01/240.88 mi8, Crowes Loke, Little Plumstead, Norwich, Norfolk NR13 5JB3
£325K03/240.9 mi50, Salhouse Road, Little Plumstead, Norwich, Norfolk NR13 5JJ3
£350K12/200.99 mi40, Heath Way, Blofield, Norwich, Norfolk NR13 4RS3
£300K02/240.99 mi13, Heath Way, Blofield, Norwich, Norfolk NR13 4RS3

Local Rents

48 rents from £625/mo to £2.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20007/240.04 miLittle Plumstead3
£1,15006/240.05 miMorris Drive, Little Plumstead, NR133
£1,30006/240.05 miMorris Drive , Little Plumstead , Norfolk4
£1,20006/240.06 miMorris Drive, Little Plumstead, NR133
£1,25007/240.07 miCozens-Wiley Road, Norfolk, NR13 5GA3
£1,30006/240.07 miMorris Drive, Little Plumstead, NORWICH4
£1,35007/240.28 miPenrice Road, NR13 5FP3
£1,90006/240.75 miCherry Tree Barn West, NR13 5DP4
£1,97508/240.75 miMayflower Barn, Witton, Norfolk, NR13 5DP5
£1,80006/240.94 miToad Lane, Great Plumstead, NR133
£1,00007/241.19 miRosemary Road, Blofield, NR132
£1,25006/241.26 miPostwick3
£62507/241.37 miGreenacre Close, Brundall, NORWICH2
£90007/241.37 miCharles Marler Way, Blofield, NR132
£1,20006/241.4 miCharles Marler Way, Blofield3
£1,80006/241.43 miCharles Marler Way, Blofield, NR134
£1,60007/241.43 miCharles Marler Way, Blofield, NR134
£1,00006/241.44 miLackford Close, Brundall, NR133
£70004/241.45 mi-3
£1,10006/241.45 miBrundall, Norwich3
£1,10008/241.45 miLackford Close, Brundall, NORWICH3
£1,35007/241.46 miHighview Close, Norwich4
£1,05007/241.46 miPostwick Lane, Norwich, NR13 53
£1,45009/241.51 miBonds Road, Blofield Heath, Norwich3
£85006/241.56 miChamberlin Court, Blofield, Norwich, NR132
£1,25008/241.6 miMission Hall Close, Blofield, 3
£95007/241.62 miThe Close, Brundall, Norwich3
£65006/241.67 miBlofield2
£1,40006/241.68 miBlofield3
£89506/241.68 miBlofield, , Norwich2
£1,50008/241.69 mi-4
£1,00006/241.74 miFinch Way, Brundall, Norwich3
£1,95007/241.77 miNeve Loke, Hemblington, Norwich4
£92508/241.79 miDunch Crescent, Hemblington, Norwich2
£1,30007/241.79 mi62 Salhouse Road, Rackheath, Norwich3
£75008/241.8 miPedham Road, Norwich, NR131
£75009/241.8 mi-1
£70007/241.87 miPlumstead Road, Thorpe End, Norwich1
£70008/241.87 miPlumstead Road, Thorpe End, Norwich1
£1,25003/241.87 miCanfor Road, Rackheath, Norwich3
£79506/241.88 miDanesbower Lane, Blofield, Norwich, NR132
£1,40006/241.89 miReedcutters Avenue, Brundall, 3
£90007/241.89 miUplands Court, Brundall, Norfolk2
£2,62506/241.89 mi-5
£1,35006/241.89 miShreeve Road, Blofield, Norwich3
£79508/241.9 miChurch Road, Blofield2
£1,25012/241.9 miMaidens Close, Norwich, NR7 0RS3
£1,10003/251.93 mi-2

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

5.12 miles away

Nearest school

0.30 miles away

Nearest train station

1.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £280,000

July 10, 2024

Floor Plans

Description

  • Guide Price £280,000-£300,000 +
  • Three Bedroom Link Detached Home +
  • Bright & Spacious Kitchen/Diner +
  • Dual Aspect Living Room Filled With Natural Light +
  • Three Well Proportioned Bedrooms All Off Landing +
  • First Floor Family Bathroom, En-Suite & Ground Floor W/C +
  • Converted Garage Offering Further Living Space +
  • Fronting Onto Scenic Green & Park +
  • Conveniently Positioned Within Sought After Village +
  • Easy Access In & Out Of Norwich City Centre +

Investors Only Quietly positioned three-bedroom residence located within the quiet & always popular village of Little Plumstead. This homes versatile accommodation is sure to suit a wide range of potential purchasers. Fronting onto a scenic communal green & park this ready to move into home certainly stands out for all the right reasons.

On arrival you are greeted by a driveway which provides off-road parking, the sizeable frontage on offer with this home could also be adapted to create further parking if required. The rear garden is spread over two separate tiers with the upper tier home to a small patio area and a well maintained lawn. The lower tier has is more low maintenance, currently shingled and was previously used as a separate seating area. The ground floor accommodation has been extended thanks to the garage conversion which has added a substantial additional living space to this home. Previously used as an office space - this versatile space could be used as an additional lounge, ground floor bedroom or even combined with the current living space (STP).

As you step inside this home this property continues to impress. The lounge enjoys views over the green and boasts double doors to the outdoor patio area. The kitchen/diner is must see! Equipped with an integrated fridge freezer, dishwasher & oven this is the ideal space for entertaining. You will also find a useful ground floor W/C off the entrance hall & sizeable understairs storage cupboard.

All three bedrooms are found off the bright & spacious landing along with a well kept three-piece family bathroom. The principal bedroom features a modern en-suite shower room. Bedrooms two & three both well proportioned either of which would work perfectly as an office for those looking to work from home. With woodland and countryside walks on your doorstep, a reputable village school and positioned within easy reach of the A47 and the Broadland Northway (NDR) peaceful and convenient living will not get better than this! One not to miss.

Council Tax Band - C
Local Authority - Broadland District Council
We have been advised that the property is connected to mains water, electricity and gas.

Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only. All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract. No Winkworth employee has authority to make or give any representation or warranty in relation to this property. All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings. The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.

Agent Details

Winkworth, Eaton

01603 361730

Next Steps?

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