3 Bed Semi-Detached House, Single Let, Norwich, NR5 8TU, £300,000

524 Dereham Road, Norwich, Norfolk, NR5 8TU - 1 views - 8 months ago

Sold STC
BTL
82 m²
+18 photos

ValuationOvervalued

Sold Prices£123.1K - £295K
Sold Prices/m²£1.5K/m² - £5.8K/m²

 

 

Square Metres

82 m²
Price/m²£3.7K/m²

Value Estimate

£207,887

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£14,060

Total Cash In

£89,060

 

 

Cash Out

 

Rent Range

£950 - £2,500

Rent Estimate

£989

Running Costs/mo

£1,155

Cashflow/mo

£-166

Cashflow/yr

£-1,996

Gross Yield

4%

Local Sold Prices

50 sold prices from £123.1K to £295K, average is £199.1K. £1.5K/m² to £5.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£282.5K08/240.03 mi538, Dereham Road, Norwich, Norfolk NR5 8TU3
£180K11/200.03 mi528, Dereham Road, Norwich, Norfolk NR5 8TU3
£180K03/210.06 mi65, Jex Road, Norwich, Norfolk NR5 8XG3
£207K12/220.09 mi71, Jex Road, Norwich, Norfolk NR5 8XQ3
£227.5K10/220.1 mi28, Jex Road, Norwich, Norfolk NR5 8XD3
£155K12/200.1 mi45, Jex Road, Norwich, Norfolk NR5 8XD3
£173K11/200.11 mi162, Jex Road, Norwich, Norfolk NR5 8XQ3
£200K03/230.12 mi152, Jex Road, Norwich, Norfolk NR5 8XQ3
£200K09/230.15 mi178, Jex Road, Norwich, Norfolk NR5 8XH3
£202K12/230.15 mi133, Jex Road, Norwich, Norfolk NR5 8XH3
£161.8K04/210.15 mi202, Jex Road, Norwich, Norfolk NR5 8XH3
£195K12/230.15 mi188, Jex Road, Norwich, Norfolk NR5 8XH3
£202K06/210.15 mi14, Lusher Rise, Norwich, Norfolk NR6 5EA3
£144K06/230.15 mi44, Lusher Rise, Norwich, Norfolk NR6 5EA3
£180K04/210.16 mi35, Jex Avenue, Norwich, Norfolk NR5 8XE3
£207K12/200.18 mi65, Hellesdon Road, Norwich, Norfolk NR6 5EE3
£225K08/240.19 mi17, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£197K04/210.19 mi1, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£240K06/230.21 mi25, Larkman Lane, Norwich, Norfolk NR5 8TZ3
£221K02/240.21 mi31, Ranworth Road, Norwich, Norfolk NR5 8EB3
£192.5K04/210.21 mi37, Ranworth Road, Norwich, Norfolk NR5 8EB3
£202K10/220.21 mi38, Marlpit Lane, Norwich, Norfolk NR5 8XP3
£230K04/230.22 mi105, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£198.3K10/220.22 mi84, Motum Road, Norwich, Norfolk NR5 8EQ3
£225K12/220.24 mi87, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£245K10/220.25 mi2, Beecheno Road, Norwich, Norfolk NR5 8TJ3
£170K06/210.26 mi49, Bates Green, Norwich, Norfolk NR5 8YW3
£225K05/210.27 mi83, Whistlefish Court, Norwich, Norfolk NR5 8QR3
£185K02/240.28 mi21, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£185K04/240.28 mi41, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£172K06/210.28 mi83, Marlpit Lane, Norwich, Norfolk NR5 8XN3
£270K11/230.29 mi39, Larkman Lane, Norwich, Norfolk NR5 8TY3
£230K01/240.29 mi42, Larkman Lane, Norwich, Norfolk NR5 8TY3
£162.5K06/210.3 mi32, Stevenson Road, Norwich, Norfolk NR5 8TT3
£170K02/210.3 mi3, Horning Close, Norwich, Norfolk NR5 8DN3
£295K03/240.34 mi580, Dereham Road, Norwich, Norfolk NR5 8TE3
£227.5K02/240.34 mi79, Stevenson Road, Norwich, Norfolk NR5 8TS3
£123.1K11/200.35 mi130, Knowland Grove, Norwich, Norfolk NR5 8YA3
£158.5K12/200.35 mi124, Knowland Grove, Norwich, Norfolk NR5 8YA3
£238K11/200.35 mi408, Dereham Road, Norwich, Norfolk NR5 8QG3
£265K12/220.35 mi406, Dereham Road, Norwich, Norfolk NR5 8QG3
£188K11/220.35 mi19, Randle Green, Norwich, Norfolk NR5 8YL3
£150K03/210.35 mi3, Randle Green, Norwich, Norfolk NR5 8YL3
£180K01/210.35 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£192.5K06/210.36 mi92, Beverley Road, Norwich, Norfolk NR5 8DL3
£180K03/230.36 mi34, Jamieson Place, Norwich, Norfolk NR5 8YY3
£200K03/240.36 mi18, Jamieson Place, Norwich, Norfolk NR5 8YY3
£260K02/240.36 mi13, Douglas Haig Road, Norwich, Norfolk NR5 8LD3
£180K01/210.37 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£235K08/230.39 mi90, Beecheno Road, Norwich, Norfolk NR5 8TQ3

Local Rents

27 rents from £950/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,19502/250.13 mi-3
£1,50012/240.2 mi-3
£1,15012/240.21 miCadge Close, Norwich3
£1,50012/240.22 miMotum Road, Norwich3
£2,50006/240.27 miHellesdon Road, Norwich, Norfolk, NR63
£1,35012/240.29 mi-3
£1,40001/250.29 mi-3
£1,28002/250.29 mi-3
£1,15012/240.31 mi-3
£1,45006/240.34 miDereham Road, Norwich, NR53
£1,30012/240.35 miKnowland Grove, NORWICH3
£1,27506/240.36 miBeverley Road, Norwich, NR53
£1,50006/240.38 miFoxley Road, Norwich3
£99502/240.39 mi-3
£1,05006/240.41 miGilbard Road, Norwich3
£1,27512/240.41 miGilbard Road, NR5 8TR3
£1,50006/240.42 miBixley Close, Norwich, Norfolk, NR53
£1,10006/240.44 miNorwich, NR53
£1,30012/240.44 miNorwich Road, Norwich3
£95006/240.46 miBeecheno Road, NORWICH3
£1,29006/240.49 mi-3
£1,38012/240.49 mi-3
£1,30012/240.53 mi-3
£1,30012/240.53 mi-3
£1,10012/240.54 mi-3
£1,60012/240.57 miLushington Close, Norwich3
£1,40001/250.6 mi-3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

1.97 miles away

Nearest school

0.10 miles away

Nearest train station

2.72 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £300,000

February 16, 2025

Listed for £317,000

August 18, 2024

Sold for £225,000

2017

Sold for £100,000

2015

Floor Plans

Description

  • Ref DH0707 +
  • Semi-Detached Home +
  • Extended Kitchen/Dining Room +
  • Separate Sitting Room +
  • Bath & Shower Room +
  • Three First Floor Bedrooms +
  • Bi-Folding Doors to Rear +
  • Generous Lawned Garden +
  • Secure Gated Parking & Carport +
  • Excellent Access to Norwich +

Ref DH0707 - NO CHAIN! SEMI-DETACHED HOME with an extended KITCHEN/DINING ROOM with BI-FOLDING DOORS to the rear GARDEN, which is SOUTH FACING! This SITTING ROOM has TRIPLE GLAZED WINDOWS and UNDERFLOOR HEATING, which runs throughout the ground floor, a CARPORT and secure gated parking outside and is positioned on DEREHAM ROAD. The accommodation has been well looked after and has a FAMILY ROOM, ground floor BATHROOM, landing with THREE BEDROOMS and a FIRST FLOOR SHOWER ROOM. Stepping inside… The entrance hall is a GENEROUS SIZE with hardwearing flooring and UNDERFLOOR HEATING, which run from the front to the rear of the property. Access is provided to the SEPARATE SITTING ROOM and into the OPEN PLAN KITCHEN/DINING ROOM from the hall and there are STAIRS to the first floor. The KITCHEN/DINING ROOM has cream shaker cabinets with a wood effect worksurface, which pairs with the WOOD EFFECT FLOORING. Space is provided for a WASHING MACHINE and 'AMERICAN' STYLE FRIDGE FREEZER with the cooker in situ. This fantastic space has a DUAL ASPECT featuring windows to the side and BI-FOLDING DOORS to the rear overlooking the garden. Finally, to the ground floor, there is a FAMILY BATHROOM, which has a THREE PIECE SUITE, including a BATH with shower over, HANDWASH BASIN and W/C. Heading upstairs… There are FITTED CARPETS on the stairs and landing, which run into the BEDROOMS, of which there are THREE. Two of the bedrooms are large enough for KING SIZE BEDS and with space left for FREESTANDING or BUILT-IN WARDROBES to be added. The third bedroom is LARGER THAN AVERAGE and could be a SINGLE BEDROOM or a ROOM OF REQUIREMENT lending itself to a home office or even a craft room. There is a SHOWER ROOM, which is accessed off the landing and has a SHOWER CUBICLE, hand wash basin and a W/C The Plot… As you approach, there is a SHINGLE PARKING AREA with an adjacent front garden, which could be turned into ADDITIONAL PARKING if required. Currently, it is LAID TO LAWN with flowerbedding and a TIMBER PANEL FENCE at the boundary. Heading through the SECURE GATES and under the carport into the REAR GARDEN, there is an area of SHINGLE and patio, which extends from the property and leads to a RAISED LAWN. After a recent replacement of the BOUNDARY FENCE the garden is SECURE and enjoys a NON OVERLOOKED GARDEN. **Getting to know Costessey… ** This property is situated in New Costessey which is within convenient distance to the University of East Anglia, train station, Riverside complex and the main shopping district in Norwich City Centre,. A number of pubs, cafes, restaurants, cinemas and bars can be found along with fantastic shopping outlets. Easy access to main road links can be found, in particular, the A11 and A47 Important Information on Anti-Money Laundering Check
We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property. We take this responsibility seriously in line with HMRC guidance in ensuring the accuracy and continuous monitoring of these checks. Our partner, Move Butler, will conduct the initial assessment on our behalf. They will contact you, and where possible, a biometric check will be sent to you electronically only once your offer has been accepted.
As an applicant, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring. You must pay this amount directly to Move Butler and complete all Anti-Money Laundering checks before your offer can be formally accepted. You must also provide evidence of how you intend to finance your purchase before you will receive a formal acceptance of your offer.

Agent Details

eXp UK, East of England

03304 609968

Next Steps?

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