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 |
BMV | 22% |
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.
Local Rents
48 rents from £625/mo to £2.6K/mo, average is £1.2K/mo.
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
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