3 Bed Bungalow, Single Let, Norwich, NR7 8AW, £275,000

23 Blenheim Crescent, Sprowston, NR7 8AW - 7 months ago

Sold STC
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£170K - £25.5M
Sold Prices/m²£2K/m² - £307.2K/m²

 

 

Square Metres

~68.28 m²
Price/m²£4K/m²

Value Estimate

£226,656

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£1,050

Running Costs/mo

£1,089

Cashflow/mo

£-39

Cashflow/yr

£-472

Gross Yield

5%

Local Sold Prices

50 sold prices from £170K to £25.5M, average is £265K. £2K/m² to £307.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£170K11/200.06 mi34, Stonehouse Road, Norwich, Norfolk NR7 8AR3
£173K12/200.09 mi67, Stonehouse Road, Norwich, Norfolk NR7 8AS3
£325K04/210.09 mi60, Blenheim Road, Norwich, Norfolk NR7 8AJ3
£260K11/230.1 mi72, Blenheim Road, Norwich, Norfolk NR7 8AL3
£320K02/240.1 mi33, Cozens Hardy Road, Norwich, Norfolk NR7 8QF3
£317K06/230.13 mi16, Rushmore Road, Norwich, Norfolk NR7 8QR3
£360.5K09/230.13 mi8, Rushmore Road, Norwich, Norfolk NR7 8QR3
£208K02/210.13 mi12, Church View Close, Norwich, Norfolk NR7 8QA3
£262K10/220.13 mi40, Church View Close, Norwich, Norfolk NR7 8QA3
£213K06/230.13 mi9, Church View Close, Norwich, Norfolk NR7 8QA3
£175.5K11/230.13 mi1, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.13 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.13 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£182K12/200.14 mi32, Church View Close, Norwich, Norfolk NR7 8QA3
£290K09/230.15 mi93, Cozens Hardy Road, Norwich, Norfolk NR7 8QQ3
£223K12/230.16 mi10, Blenheim Road, Norwich, Norfolk NR7 8AH3
£370K01/210.17 mi148, Wroxham Road, Norwich, Norfolk NR7 8EZ3
£252.5K06/210.18 mi42, Foxburrow Road, Norwich, Norfolk NR7 8QX3
£310K08/210.2 mi1, Adams Road, Norwich, Norfolk NR7 8QT3
£270K11/200.22 mi15, Church Green, Norwich, Norfolk NR7 8BA3
£257K06/240.23 mi25, Edwards Road, Norwich, Norfolk NR7 8QW3
£310K01/210.25 mi43, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£265K03/210.25 mi53, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£281.5K05/230.25 mi105, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RQ3
£280K06/230.26 mi15, Martin Close, Norwich, Norfolk NR7 8PA3
£372.5K02/240.26 mi36, Martin Close, Norwich, Norfolk NR7 8PA3
£285K07/230.26 mi54, St Margarets Drive, Norwich, Norfolk NR7 8DA3
£288.5K08/210.29 mi10, Foxburrow Road, Norwich, Norfolk NR7 8QU3
£25.5M11/210.3 mi23, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£275K01/230.3 mi25, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£225K01/240.3 mi10, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£216K03/210.32 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£216K03/210.32 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£260K02/240.32 mi16, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£350K08/230.32 mi63, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£260K08/230.32 mi96, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£340K08/240.34 mi8, Rosemary Road, Norwich, Norfolk NR7 8ER3
£250K12/200.35 mi21, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£360K09/210.35 mi37, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£295K08/230.36 mi9, Sparhawk Close, Norwich, Norfolk NR7 8BT3
£248K04/210.36 mi18, Varvel Avenue, Norwich, Norfolk NR7 8JH3
£248K04/210.36 mi18, Varvel Avenue, Norwich, Norfolk NR7 8JH3
£230K07/210.36 mi187, North Walsham Road, Norwich, Norfolk NR6 7QN3
£260K11/230.37 mi55, Colindeep Lane, Norwich, Norfolk NR7 8EG3
£211K12/210.38 mi56, Neville Road, Norwich, Norfolk NR7 8DZ3
£325K11/220.4 mi9, Archer Close, Norwich, Norfolk NR6 7PD3
£292K06/210.4 mi21, Parana Road, Norwich, Norfolk NR7 8BJ3
£300K07/210.4 mi6, Chenery Drive, Norwich, Norfolk NR7 8RR3
£265K05/240.42 mi35, Tiercel Avenue, Norwich, Norfolk NR7 8JN3
£280K11/220.42 mi125, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3

Local Rents

23 rents from £1.1K/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.15 mi-3
£1,05012/240.32 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,30012/240.42 miNorth Walsham Road, Norwich3
£1,25012/240.45 miCannerby Lane, NORWICH3
£1,10006/240.48 miCranes Croft Road3
£1,29512/240.55 miCannerby Lane, Norwich, Norfolk, NR73
£1,15012/240.64 miCere Road, Norwich3
£1,19002/250.64 mi-3
£1,75012/240.67 mi-3
£1,25006/240.68 miLarch Close, Sprowston, Norwich, Norfolk, NR73
£1,20002/250.75 mi-3
£1,05003/250.76 mi-3
£1,05006/240.77 miSpixworth Road, Old Catton, Norwich, NR63
£1,20008/240.8 mi-3
£1,20007/240.8 miShipfield, Norwich, NR33
£1,40006/240.82 miThree Corner Drive, Norwich3
£1,35002/250.92 mi-3
£1,30012/241.01 mi-3
£1,10012/241.02 miSale Road, Norwich3
£1,20012/241.03 miPriors Drive, Norwich3
£1,40006/241.14 miRandall Road, Sprowston, NR73
£1,10006/241.24 miGertrude Road, Norwich3
£1,60006/241.24 miTillett Road, NR3 4BJ3

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

1.82 miles away

Nearest school

0.30 miles away

Nearest train station

2.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £275,000

August 20, 2024

Floor Plans

Description

  • No Onward Chain +
  • Large Rear Garden +
  • Three Double Bedrooms +
  • Wet Room +
  • Boiler Installed 4-5 Years Ago +
  • Driveway +

*No onward chain* A 3 bedroom semi-detached bungalow with large rear garden and off-road parking.
Occupied by the same owner for 70 years, the property has been extended and now incorporates 3 double bedrooms, kitchen, wet-room and large sitting room/dining room with patio doors leading to the large and well-tended rear garden. The property benefits from double glazing throughout and gas central heating.

Agent Details

Ben Allman Estate & Letting Agent, Norwich

01603 555577

Next Steps?

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