4 Bed Detached House, Single Let, Norwich, NR13 3TZ, £795,000

OWLS BARN Church Road, Norwich, Norfolk, NR13 3TZ - 8 months ago

BTL
~388 m²
+31 photos

ValuationUndervalued

Sold Prices£213K - £1.3M
Sold Prices/m²£1.9K/m² - £3.8K/m²

 

 

Square Metres

~387.90 m²
Price/m²£2K/m²

Value Estimate

£993,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£198,750

Stamp Duty & Legal Fees

£52,300

Total Cash In

£251,050

 

 

Cash Out

 

Rent Range

£750 - £1,495

Rent Estimate

£825

Running Costs/mo

£2,669

Cashflow/mo

£-1,844

Cashflow/yr

£-22,132

Gross Yield

1%

Local Sold Prices

13 sold prices from £213K to £1.3M, average is £385K. £1.9K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£340K03/240.84 mi31, Station Road, Reedham, Norwich, Norfolk NR13 3TB4
£213K11/201.79 mi1, Bowlers Close, Freethorpe, Norwich, Norfolk NR13 3XE4
£325K06/211.85 mi16, Old Chapel Road, Freethorpe, Norwich, Norfolk NR13 3LU4
£490K12/201.86 miThe Cattle Shelter, Manor Farm Barns, The Green, Freethorpe, Norwich, Norfolk NR13 3NY4
£425K09/231.88 miChapelfield House, Church Road, Wickhampton, Norwich, Norfolk NR13 3PE4
£1.3M09/212.1 miThe Old Rectory, Church Road, Limpenhoe, Norwich, Norfolk NR13 3JB4
£385K12/222.26 mi4, Cantley Road, Limpenhoe, Norwich, Norfolk NR13 3JE4
£475K05/232.59 mi32, Loddon Road, Norton Subcourse, Norwich, Norfolk NR14 6RT4
£490K10/232.82 miThe Cottage, Yarmouth Road, Thorpe Next Haddiscoe, Norwich, Norfolk NR14 6PU4
£260K12/202.85 mi18, Oaklands Close, Halvergate, Norwich, Norfolk NR13 3PP4
£308K11/202.85 mi16, Oaklands Close, Halvergate, Norwich, Norfolk NR13 3PP4
£435K08/212.91 mi5, Priory Close, St Olaves, Great Yarmouth, Norfolk NR31 9HH4
£270K01/232.98 mi18, College Road, Thurlton, Norwich, Norfolk NR14 6QZ4

Local Rents

11 rents from £750/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£92507/240.7 miReedham2
£89506/240.72 miRiverside, Reedham2
£1,10006/240.82 miStation Road, Reedham2
£95006/240.82 miStation Drive, Reedham, Norwich2
£82507/241.61 miLimpenhoe2
£95007/241.83 miPearsons Close, Freethorpe, Norwich3
£75008/241.86 miThe Green, Freethorpe, Norwich1
£1,35006/241.94 miSutton Crescent, NR134
£1,35006/241.94 miSutton Crescent, NR134
£82507/242.07 miLimpenhoe3
£1,49507/242.12 miLow Road, Norton Subcourse4

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

13.06 miles away

Nearest school

0.60 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £795,000

September 27, 2024

Listed for £850,000

July 25, 2024

Sold for £486,667

2020

Sold for £340,000

2003

Floor Plans

Description

  • A Stunning, Award Winning Barn Conversion with a Self-Contained Annexe situated in Reedham +
  • Main Barn - Four Bedrooms; Two Bath/Shower Rooms +
  • The Principal Bedroom benefits from an En-Suite Shower Room +
  • Kitchen with Separate Utility Room +
  • Two Reception Rooms and a Mezzanine Study Area +
  • Large Self Contained Three Bedroom Annexe (The Cow Shed) extends to 1,708sq.ft +
  • South Facing Garden and Large Terrace +
  • Double Garages and Plenty of Parking for Several Vehicles +
  • The Main Barn extends to 1,978sq.ft +
  • Energy Rating: D: Freehold; Broadland District Council - Tax Band E +

This is an award-winning barn conversion, beautifully finished and well laid out. With a high specification throughout and an adjoining self-contained three-bedroom annexe, there´s a lot to see and much to enjoy. It´s beautifully situated in a private position on the outskirts of a popular Broadland village, a short stroll from the river and train station, with glorious country walks on the doorstep and easy access to Norwich.

Agent Details

Fine & Country, Norwich

01603 361375

Next Steps?

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