3 Bed Terraced House, Planning Permission, Norwich, NR3 4PN, £325,000

75 Beaconsfield Road, Norwich, Norfolk, NR3 4PN - 2 views - 8 months ago

Sold STC
Planning
ROI: 2%
76 m²
+20 photos

ValuationOvervalued

Sold Prices£158.5K - £495K
Sold Prices/m²£1.8K/m² - £4.6K/m²

 

 

Square Metres

76.30 m²
Price/m²£4.3K/m²

Value Estimate

£222,015

 

 

End Value (After Refurb)

£235,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£34,458

Bridging Loan Interest

£8,531

Total Cash In

£140,689

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,000

Mortgage (After Refinance)

£176,250

Mortgage LTV

75%

Cash Left In

£140,689

Equity

£58,750

Rent Range

£900 - £1,500

Rent Estimate

£1,176

Running Costs/mo

£990

Cashflow/mo

£186

Cashflow/yr

£2,237

ROI

2%

Gross Yield

4%

Local Sold Prices

50 sold prices from £158.5K to £495K, average is £213.8K. £1.8K/m² to £4.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£190K06/210.02 mi41, Knowsley Road, Norwich, Norfolk NR3 4PR3
£205K04/210.02 mi31, Knowsley Road, Norwich, Norfolk NR3 4PR3
£185K04/210.02 mi47, Knowsley Road, Norwich, Norfolk NR3 4PR3
£220K05/230.02 mi5, Knowsley Road, Norwich, Norfolk NR3 4PR3
£203K06/210.06 mi31, Churchill Road, Norwich, Norfolk NR3 4PX3
£285K11/230.06 mi79a, Churchill Road, Norwich, Norfolk NR3 4PX3
£275K01/210.06 mi3, Churchill Road, Norwich, Norfolk NR3 4PX3
£207K03/210.06 mi41, Marlborough Road, Norwich, Norfolk NR3 4PH3
£211K11/200.06 mi49, Marlborough Road, Norwich, Norfolk NR3 4PH3
£200K04/210.07 mi51, Churchill Road, Norwich, Norfolk NR3 4PX3
£189K02/210.07 mi70, Spencer Street, Norwich, Norfolk NR3 4PD3
£163K11/200.07 mi79, Spencer Street, Norwich, Norfolk NR3 4PD3
£235K04/230.08 mi16, Churchill Road, Norwich, Norfolk NR3 4PY3
£232.4K10/210.08 mi99, Spencer Street, Norwich, Norfolk NR3 4PE3
£250K12/220.08 mi93, Spencer Street, Norwich, Norfolk NR3 4PE3
£210K07/230.1 mi56, Magdalen Road, Norwich, Norfolk NR3 4AQ3
£230K11/200.11 mi42, Spencer Street, Norwich, Norfolk NR3 4PA3
£335K11/230.11 mi41, Spencer Street, Norwich, Norfolk NR3 4PA3
£240K07/230.11 mi111, Spencer Street, Norwich, Norfolk NR3 4PF3
£159.5K04/230.12 mi51, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£158.5K01/210.12 mi13, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£215K11/200.12 mi22, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£205K11/210.12 mi32, Stacy Road, Norwich, Norfolk NR3 1JN3
£253K05/210.13 mi23, Northcote Road, Norwich, Norfolk NR3 4QF3
£225K11/210.13 mi23, Clarke Road, Norwich, Norfolk NR3 1JL3
£245K12/220.13 mi28, Clarke Road, Norwich, Norfolk NR3 1JL3
£200K01/230.14 mi34, Clarke Road, Norwich, Norfolk NR3 1JL3
£201K04/210.14 mi123, Knowsley Road, Norwich, Norfolk NR3 4PT3
£220K05/230.14 mi159, Knowsley Road, Norwich, Norfolk NR3 4PT3
£259K02/230.14 mi32, Northcote Road, Norwich, Norfolk NR3 4QF3
£210K01/210.14 mi123, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£177.5K03/210.14 mi167, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£175K10/210.14 mi23, Shipstone Road, Norwich, Norfolk NR3 1JZ3
£221.5K03/230.14 mi11, Shipstone Road, Norwich, Norfolk NR3 1JZ3
£255.3K01/230.15 mi172, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£215K02/210.15 mi82, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£212.5K01/230.15 mi136, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£195K02/230.15 mi134, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£265K10/230.15 mi133, Churchill Road, Norwich, Norfolk NR3 4PZ3
£215K11/230.15 mi95, Churchill Road, Norwich, Norfolk NR3 4PZ3
£187.5K01/210.15 mi99, Churchill Road, Norwich, Norfolk NR3 4PZ3
£192K07/230.15 mi98, Churchill Road, Norwich, Norfolk NR3 4PZ3
£195K04/210.15 mi46, Sprowston Road, Norwich, Norfolk NR3 4QN3
£265K08/230.15 mi73, Marlborough Road, Norwich, Norfolk NR3 4PL3
£173.7K11/200.15 mi38, Sprowston Road, Norwich, Norfolk NR3 4QN3
£185K11/200.15 mi158, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£265K12/220.16 mi150, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£495K04/220.16 mi108, Magdalen Road, Norwich, Norfolk NR3 4AN3
£290K11/210.16 mi97, Magdalen Road, Norwich, Norfolk NR3 4LB3
£303.5K05/230.16 mi84, Magdalen Road, Norwich, Norfolk NR3 4AN3

Local Rents

50 rents from £900/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10007/240.06 miMarlborough Road, Norwich, NR33
£1,05006/240.07 miMagdalen Road, Norwich, Norfolk, NR33
£1,40001/250.08 mi-3
£1,30006/240.08 miChurchill Road, NR3 4PY3
£90006/240.08 miBeaconsfield Road, Norwich, 3
£1,10009/240.08 miBeaconsfield Road, Norwich, 3
£1,10006/240.08 miSpencer Street, Norwich, NR3 4PE3
£1,40006/240.1 miSpencer Street, Norwich, NR33
£95006/240.11 miWall Lane, Norwich, Norfolk, NR33
£1,10002/250.12 mi-3
£1,10006/240.12 miStacy Road, Norwich, NR33
£1,10007/240.12 miStacy Road, Norwich, NR33
£1,15006/240.13 miNorthcote Road, NORWICH3
£99507/240.14 mi-3
£97506/240.15 mi-3
£1,15007/240.15 miChurchil Road, Norwich3
£1,10011/240.15 mi-3
£1,30006/240.15 miMagpie Road, NORWICH3
£1,20006/240.15 miMagpie Road, Norwich3
£1,20007/240.15 miMagpie Road, Norwich3
£1,20007/240.15 miMagpie Road, Norwich3
£97506/240.15 miMagpie Road,Norwich,NR33
£1,20007/240.15 miWodehouse Street3
£1,09506/240.16 mi-3
£1,25007/240.18 miWodehouse Street, Norwich3
£1,20006/240.2 miMagdalen Street, Norwich3
£1,15003/250.21 mi-3
£95008/240.21 miWaterloo Road, Norwich3
£99502/250.21 mi-3
£1,29008/240.21 mi-3
£1,45012/240.21 mi-3
£1,25001/250.22 mi-3
£90002/250.22 mi-3
£1,40006/240.22 miSilver Street, NR3 4TU3
£1,10006/240.23 miWaterloo Road, Norwich, NR33
£1,10006/240.23 miEsdelle Street, Norwich3
£1,10001/250.24 mi-3
£1,15008/240.25 miBell Road, Norwich, NR33
£1,20009/240.25 miNorwich3
£1,50007/240.28 miBuxton Road, Norwich3
£1,37507/240.29 miStonemasons Court, Norwich, NR33
£1,37507/240.29 mi-3
£1,05003/240.29 miSilver Road,Norwich,NR33
£1,30006/240.3 miSt. Augustines Gate, Norwich, Norfolk, NR33
£1,00007/240.32 miEade Road3
£1,35006/240.33 miLadysmith Road, Norwich3
£1,40005/240.33 mi-3
£1,30008/240.34 miAngel Road, Norwich, Norfolk, NR33
£92512/230.36 mi-3
£1,15008/240.38 miNorth Norwich3

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.25 miles away

Nearest school

0.10 miles away

Nearest train station

0.99 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £325,000

August 9, 2024

Sold for £220,000

2018

Sold for £133,500

2011

Floor Plans

Description

  • End Terrace House +
  • Extended Kitchen Accommodation +
  • Hall Entrance +
  • Open Plan Living Arrangement +
  • Three Bedrooms Off Landing +
  • Modern Kitchen With Large Skylight +
  • Non Bisected Rear Garden +
  • Ground Floor Bathroom & WC +
  • Character Features Throughout +
  • Built In Storage In Master Bedroom +

This turn key, end terrace Victorian house exudes character and space. The large entrance hall welcomes you into a thoughtfully designed open-plan ground floor, where the living room, dining area, and modern kitchen blend effortlessly. The kitchen is a standout feature, benefiting from a single storey extension and equipped with a spacious island and illuminated by a large skylight window, creating a bright and airy atmosphere. The ground floor also benefits from a stylish bathroom and a separate WC. Upstairs, the home offers three well-sized bedrooms off the landing, with the master bedroom featuring extensive built-in wardrobe space.

The non-bisected and enclosed rear garden offers a peaceful and versatile outdoor space. A paved path runs through, leading to a neat black shed, offering convenient storage space. Colourful flowers and lush greenery line the path and surround the lawn area, adding vibrancy and life to the garden.

Entrance Hall 3'7 x 16' (1.09m x 4.88m)

Living Room 10'7 x 16' (3.22m x 4.88m)

Dining Room 12'7 x 10'3 (3.84m x 3.12m)

Kitchen 15'6 x 9'9 (4.72m x 2.98m)

Bathroom 8'10 x 7' (2.69m x 2.13m)

Ground Floor WC 5'4 x 3'1 (1.62m x 0.93m)

Master Bedroom 15'6 x 12'10 (4.72m x 3.91m)

Bedroom 13'4 x 9'7 (4.07m x 2.92m)

Bedroom 8' x 7'11 (2.44m x 2.41m)

The property is located in the ever popular NR3 postcode, North of the City. This up and coming area is a prime location for new independent shops, bars and café's. If these aren't enough, the beautiful City centre of Norwich is approximately 1.5 miles away. This vibrant regional capital, includes many unique shops, cafes, bars, high end shopping and the diverse Norwich market.

IMPORTANT NOTICES

Local Authority: B

Council Tax Band: Norwich City Council

Current EPC rating: TBC

Property Construction: Standard Construction

Services not on the mains: N/A

Heating: Gas Boiler

Broadband: Details of available speeds can be found on the Openreach website.

Mobile Signal: An indication of available service can be found via the Ofcom website.

Known Building Safety Issues: N/A

Known Restrictions: N/A

Known Public & Private Rights: N/A

Flood & Coastal Erosion: The flood history of properties in England can be found at (Request link from agent), the long term flood risk for properties in England can be found at (Request link form agent). The plan for tackling coastal erosion can be found at (Request link form agent).

Planning Permission: Whether a local planning permission will affect enjoyment of the property is a subjective decision. You should satisfy yourself that local extensions, new buildings & developments will not affect your enjoyment of the property at the planning portal of the relevant local authority or via a planning search. Please ask if you would like any help with this?

Accessibility: Hopefully you can see the accessibility from the phots and floorplan but if you still have any questions regarding accessibilities or adaptations, please contact us.

Mining: Britain has been actively mined since 2700BCE. Limited information is known about prehistoric & historic mines but Norfolk is known to contain a number of historic mines, especially chalk mines. No map exists of the location of these mines but limited information about the known mines can be found at (Request link from agent).

Property Ladder, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
3. These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers. Property Ladder have not physically seen the lease nor the deeds.

Agent Details

Property Ladder, Norwich

01603 361657

Next Steps?

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