3 Bed Bungalow, Single Let, Norwich, NR13 3TU, £270,000

Church View Close, Reedham, Norwich, NR13 3TU - 7 months ago

BTL
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£190K - £612.5K
Sold Prices/m²£2.1K/m² - £4.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£277,219
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£750 - £1,500

Rent Estimate

£825

Running Costs/mo

£1,029

Cashflow/mo

£-204

Cashflow/yr

£-2,445

Gross Yield

4%

Local Sold Prices

34 sold prices from £190K to £612.5K, average is £278.8K. £2.1K/m² to £4.7K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£240K06/230.15 mi10, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£240K06/230.15 mi10, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£245K03/210.15 mi1, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£340K01/240.15 mi4, The Hills, Reedham, Norwich, Norfolk NR13 3TN3
£500K09/230.22 mi8, Quay Terrace, Reedham, Norwich, Norfolk NR13 3TG3
£213K11/200.29 mi40, Church Road, Reedham, Norwich, Norfolk NR13 3TX3
£295K12/200.3 mi15, Riverside, Reedham, Norwich, Norfolk NR13 3TQ3
£445K10/210.38 mi18a, Station Road, Reedham, Norwich, Norfolk NR13 3TA3
£310K08/210.4 mi19, Yareview Close, Reedham, Norwich, Norfolk NR13 3SZ3
£285K02/230.4 mi5, Yareview Close, Reedham, Norwich, Norfolk NR13 3SZ3
£302.5K11/200.4 miHey Barn, Church Road, Reedham, Norwich, Norfolk NR13 3TZ3
£260K06/210.44 mi9, The Havaker, Reedham, Norwich, Norfolk NR13 3HG3
£290K09/210.52 mi1, Station Drive, Reedham, Norwich, Norfolk NR13 3JF3
£220K10/231.87 mi19, Youngs Crescent, Freethorpe, Norwich, Norfolk NR13 3XA3
£305K04/211.89 mi35, Chapelfield, Freethorpe, Norwich, Norfolk NR13 3LY3
£425K01/241.89 miHole Haven, Low Road, Thurlton, Norwich, Norfolk NR14 6PZ3
£220K09/211.92 mi3, Old Chapel Road, Freethorpe, Norwich, Norfolk NR13 3LU3
£612.5K03/212 mi71, The Green, Freethorpe, Norwich, Norfolk NR13 3NY3
£190K08/212.24 miPoppys Place, The Street, Norton Subcourse, Norwich, Norfolk NR14 6RR3
£340K07/232.32 miHighland, Church Road, Thurlton, Norwich, Norfolk NR14 6RN3
£257K05/232.43 mi26, Links Way, Thurlton, Norwich, Norfolk NR14 6RF3
£230K04/212.43 mi28, Links Way, Thurlton, Norwich, Norfolk NR14 6RF3
£289.9K03/212.45 mi3, Halvergate Road, Freethorpe, Norwich, Norfolk NR13 3NS3
£235K12/202.46 mi6, Meadow Close, Thurlton, Norwich, Norfolk NR14 6RQ3
£215K03/212.55 mi5, Beccles Road, Thurlton, Norwich, Norfolk NR14 6RE3
£222.5K04/212.7 miSunnyside, Station Road, Cantley, Norwich, Norfolk NR13 3SH3
£345K03/232.73 mi4, Highland Close, Cantley, Norwich, Norfolk NR13 3SW3
£295K06/212.78 mi5, Church Road, Cantley, Norwich, Norfolk NR13 3SL3
£327K12/232.83 mi5, Barley Close, Cantley, Norwich, Norfolk NR13 3AF3
£272.5K12/202.83 mi1, Barley Close, Cantley, Norwich, Norfolk NR13 3AF3
£253K01/212.88 mi31, Burnt House Road, Cantley, Norwich, Norfolk NR13 3RT3
£256K11/202.9 miRobins Nest, The Street, Halvergate, Norwich, Norfolk NR13 3AJ3
£233K03/212.94 miThe Cottage, The City, Halvergate, Norwich, Norfolk NR13 3PX3
£290K01/242.95 mi2, Priory Close, St Olaves, Great Yarmouth, Norfolk NR31 9HH3

Local Rents

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

RentDateDistanceAddressBeds 
£92507/240.26 miReedham2
£89506/240.28 miRiverside, Reedham2
£1,10006/240.38 miStation Road, Reedham2
£95006/240.52 miStation Drive, Reedham, Norwich2
£82507/241.42 miLimpenhoe2
£1,49507/241.68 miLow Road, Norton Subcourse4
£95007/241.9 miPearsons Close, Freethorpe, Norwich3
£82507/241.95 miLimpenhoe3
£75008/242 miThe Green, Freethorpe, Norwich1
£1,35006/242.1 miSutton Crescent, NR134
£1,35006/242.1 miSutton Crescent, NR134
£1,50007/242.27 miThe Street4

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

12.88 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £270,000

February 8, 2025

Listed for £280,000

August 21, 2024

Floor Plans

Description

  • Detached bungalow +
  • Three bedrooms +
  • Front and rear garden +
  • Driveway +
  • Family bathroom +
  • Sought after location +

SUMMARY
VILLAGE LOCATION William H Brown are pleased to bring to the market this three bedroom deatched bungalow in the sought after village of reedham. Please call to arrange your viewing today!

DESCRIPTION
VILLAGE LOCATION William H Brown are pleased to bring to the market this three bedroom detached bungalow in the sought after village of Reedham. The bungalow offers an open plan living and dining area, a well equipped kitchen, three bedrooms and a family bathroom. The bungalow also consists of a front and rear garden and boasts a large driveway. Please call to arrange your viewing today.

Lounge/Dining 28' 6" x 10' 11" ( 8.69m x 3.33m )
Carpet, log burner, window to rear aspect, window to side aspect, double door to side aspect leading to garden

Kitchen 9' 7" x 8' 2" ( 2.92m x 2.49m )
Window to side aspect, vinyl flooring, part tiled wall, sink, range of wall and base units

Bedroom One 11' 5" x 11' 6" ( 3.48m x 3.51m )
Window to rear aspect, carpet, radiator

Bedroom Two 8' 11" x 11' 6" ( 2.72m x 3.51m )
Window to front aspect, carpet, radiator

Bedroom Three 7' 9" x 10' 11" ( 2.36m x 3.33m )
Window to front aspect, carpet, radiator

Bathroom 
Window to side aspect, vinyl flooring, toilet, sink, shower, part tiled wall, radiator

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Great Yarmouth

01493 801523

Next Steps?

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