2 Bed Bungalow, Single Let, Norwich, NR3 4DW, £260,000

Carterford Drive, Norwich, NR3 4DW - 10 views - 8 months ago

Leasehold
BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£140K - £375K
Sold Prices/m²£2.3K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£199,636

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£725 - £1,200

Rent Estimate

£828

Running Costs/mo

£998

Cashflow/mo

£-170

Cashflow/yr

£-2,041

Gross Yield

4%

Local Sold Prices

50 sold prices from £140K to £375K, average is £218.8K. £2.3K/m² to £4.6K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£260K07/230.04 mi28, Pembrey Close, Norwich, Norfolk NR3 3QB2
£268K01/230.06 mi19, Carterford Drive, Norwich, Norfolk NR3 4DW2
£217.5K07/230.08 mi18, Oak Lane, Norwich, Norfolk NR3 3QG2
£170K01/210.16 mi4, Brightwell Road, Norwich, Norfolk NR3 3PG2
£162K07/230.16 mi21, Lintock Road, Norwich, Norfolk NR3 3NU2
£200K05/240.24 mi76, Fiddlewood Road, Norwich, Norfolk NR6 6JP2
£222K10/230.28 mi12, Lilburne Avenue, Norwich, Norfolk NR3 3NY2
£152K10/230.29 mi34, Dogwood Road, Norwich, Norfolk NR6 6JW2
£215K02/240.33 mi13, Lilburne Avenue, Norwich, Norfolk NR3 3NZ2
£332K11/220.33 mi1, George Hill, Norwich, Norfolk NR6 7DF2
£330K06/230.38 mi1, Parkland Crescent, Norwich, Norfolk NR6 7RQ2
£216K11/210.43 mi71, Woodcock Road, Norwich, Norfolk NR3 3TH2
£215K12/220.44 mi19, Rackham Road, Norwich, Norfolk NR3 3JQ2
£225K01/240.46 mi9, Boston Street, Norwich, Norfolk NR3 3JH2
£213K04/210.47 mi98, Mile Cross Lane, Norwich, Norfolk NR6 6SH2
£230K01/230.47 mi106, Mile Cross Lane, Norwich, Norfolk NR6 6SH2
£230K05/220.47 mi1, Chamberlin Road, Norwich, Norfolk NR3 3LZ2
£250K11/210.47 mi99, Spixworth Road, Norwich, Norfolk NR6 7NH2
£150K01/230.47 mi56, Bussey Road, Norwich, Norfolk NR6 6DN2
£375K08/230.52 mi68, School Lane, Sprowston, Norwich, Norfolk NR7 8TQ2
£185K08/210.54 mi11, Harry Watson Court, Norwich, Norfolk NR3 3SX2
£217.5K11/210.56 mi21, Sewell Road, Norwich, Norfolk NR3 4BP2
£260K02/220.56 mi2, Tillett Road East, Norwich, Norfolk NR3 4JE2
£230K10/230.58 mi23, Moore Avenue, Norwich, Norfolk NR6 7LA2
£227K11/230.59 mi80, North Walsham Road, Norwich, Norfolk NR6 7QF2
£187.5K06/210.59 mi84, North Walsham Road, Norwich, Norfolk NR6 7QF2
£207K01/210.6 mi145, School Lane, Sprowston, Norwich, Norfolk NR7 8TR2
£270K06/230.6 mi8, Pelham Road, Norwich, Norfolk NR3 3NG2
£232.5K09/230.6 mi12, Pelham Road, Norwich, Norfolk NR3 3NG2
£272K03/240.6 mi8, Neville Close, Norwich, Norfolk NR7 8DT2
£220K03/230.6 mi1, Neville Close, Norwich, Norfolk NR7 8DT2
£250K02/230.6 mi11, Neville Close, Norwich, Norfolk NR7 8DT2
£193K12/200.61 mi24, Post Mill Close, Norwich, Norfolk NR7 8UA2
£185K08/210.61 mi25, Rosebay Close, Norwich, Norfolk NR6 6DX2
£190K09/230.61 mi40, Rosebay Close, Norwich, Norfolk NR6 6DX2
£170K03/210.63 mi5, Dovedales Court, Norwich, Norfolk NR6 7PZ2
£210K06/240.63 mi5, Dovedales Court, Norwich, Norfolk NR6 7PZ2
£235K12/210.63 mi95, Rosebery Road, Norwich, Norfolk NR3 3AB2
£313K04/230.64 mi209, St Faiths Road, Norwich, Norfolk NR6 7AQ2
£140K08/230.64 mi45, White House Court, Norwich, Norfolk NR3 3UF2
£220K11/200.64 mi40, Denmark Road, Norwich, Norfolk NR3 4JS2
£214K12/220.64 mi6, Bryony Close, Norwich, Norfolk NR6 6JD2
£170K10/200.65 mi11, Bryony Close, Norwich, Norfolk NR6 6JD2
£198K08/210.65 mi26, Blacksmiths Way, Norwich, Norfolk NR6 7DT2
£223K03/210.65 mi1, Porters Loke, Norwich, Norfolk NR7 8UE2
£210K07/240.65 mi5, Porters Loke, Norwich, Norfolk NR7 8UE2
£215K12/200.65 mi81, Rosebery Road, Norwich, Norfolk NR3 3AB2
£260K09/210.65 mi49, Rosebery Road, Norwich, Norfolk NR3 3AB2
£255K01/230.66 mi45, Rosebery Road, Norwich, Norfolk NR3 3AB2
£230K06/230.67 mi1, Jubilee Road, Norwich, Norfolk NR7 8EA2

Local Rents

21 rents from £725/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£82506/240.16 miCatton View Court, Norwich, NR32
£89507/240.16 miCatton View Court, Norwich2
£90004/250.27 mi-2
£90003/250.27 mi-2
£90010/240.33 mi-2
£87504/250.33 mi-2
£92509/240.33 miLilburne Avenue, Norwich, NR32
£99503/250.34 mi-2
£90006/240.43 mi-2
£72507/240.43 miRackham Road, Norwich, NR32
£1,15007/240.44 mi-2
£1,15006/240.44 miRackham Road, Norwich, NR32
£1,20006/240.49 miDenton Road, Norwich2
£95004/250.54 mi-2
£95004/250.54 mi-2
£85006/240.56 miBrockwell Court, Norwich, NR32
£92506/240.6 miSchool Lane, NR7 8TR2
£1,20008/240.61 miSprowston Road, Norwich, NR32
£1,20008/240.62 miConstitution Hill, NORWICH2
£89501/240.62 mi-2
£89501/250.62 mi-2

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.96 miles away

Nearest school

0.50 miles away

Nearest train station

1.91 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £260,000

September 4, 2024

Sold for £268,000

2023

Sold for £190,000

2020

Floor Plans

Description

  • Guide price £260,000-£280,000 +
  • Modern home and well presented throughout +
  • Highly sought after road off St Clements Hill +
  • Quiet and private location at the end of a cul-de-sac +
  • High in demand property type for the area +
  • Two bedroom detached bungalow +
  • Well-equipped modern kitchen +
  • Enclosed private garden +
  • Off road parking with driveway and garage +
  • Quick access to ring road and amenities +

GUIDE PRICE £260,000-£280,000 Beautifully presented with attention to detail throughout, Minors and Brady are excited to present this contemporary 2-bedroom detached bungalow. Located in the highly sought-after road off St Clements Hill, this home boasts a quiet and private location at the end of a cul-de-sac. Representing a highly in-demand property type for the area, this home offers a tranquil sanctuary with quick access to the ring road and local amenities while being within walking distance of the bustling city centre. Location Carterford Drive is situated in a vibrant and well-connected area that beautifully balances urban convenience with suburban charm. Located just a short distance from Norwich city centre, this property enjoys easy access to the city’s array of amenities. The area is well-served by local transport links, making commuting a breeze, whether you're heading into the city or exploring the stunning Norfolk countryside. Excellent schools, healthcare facilities, and local shops are all within easy reach, contributing to the appeal of this sought-after neighbourhood. Whether you're a young professional, a growing family, or looking to downsize, Carterford Drive offers the perfect blend of city life and tranquillity in one of Norwich’s most desirable postcodes. Carterford Drive

Upon entering the property, you are greeted by an inviting entrance hall providing access to the modern, well-equipped kitchen, spacious living room, two bedrooms, a WC, and a shower room. The kitchen is finished to a high standard with matching wall and base units, worktops, a sink with a mixer tap, built-in cooker, gas hob, extractor fan, and tiled splashbacks. Additionally, there is space set aside for a washing machine.

Both bedrooms are generously proportioned, with the second bedroom offering flexibility to be utilised as a study if not needed as a bedroom. The shower room includes a shower cubicle, and hand wash basin.

Externally, the front of the property features an impressive driveway laid to shingle with ample parking opportunities. The garage, connected to power and lighting with an up-and-over door, offers additional storage. The front garden boasts a sizeable lawn area, providing the perfect canvas for creating a welcoming outdoor space.

The rear garden has been meticulously maintained by the current owners, offering a beautifully landscaped oasis for hosting and entertaining. Featuring a large patio area for outdoor furniture, a well-maintained lawn with vibrant flowers and shrubs, a storage shed, raised flowerbeds, and a serene shingled area at the back, this garden is an idyllic retreat fully enclosed by wood panel fencing to ensure privacy.

Agents Notes We understand this property will be sold freehold, connected to mains water, electricity, gas, and drainage. Tax Council Band - C

EPC Rating: D Disclaimer Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Unthank Road, Norwich

01603 361808

Next Steps?

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