4 Bed Detached House, Single Let, Norwich, NR15 2PX, £725,000

Norwich Road, Long Stratton, Norfolk, NR15 2PX - 7 months ago

BTL
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£197.5K - £450K
Sold Prices/m²£2.1K/m² - £3.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.6K/m²

Value Estimate

£324,634

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£181,250

Stamp Duty & Legal Fees

£46,700

Total Cash In

£227,950

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£695

Running Costs/mo

£2,425

Cashflow/mo

£-1,730

Cashflow/yr

£-20,755

Gross Yield

1%

Local Sold Prices

27 sold prices from £197.5K to £450K, average is £322.5K. £2.1K/m² to £3.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£345K03/210.12 mi13, Field Acre Way, Long Stratton, Norwich, Norfolk NR15 2WE4
£365K02/210.19 mi8, Eastfield Road, Long Stratton, Norwich, Norfolk NR15 2WN4
£425K10/220.26 mi1, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£330K08/210.26 mi6, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£310K06/210.29 miCordwainers, The Street, Long Stratton, Norwich, Norfolk NR15 2AH4
£328K09/230.32 mi8, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£296K03/210.32 mi12, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£335K04/210.36 mi1, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY4
£425K06/210.37 miTudor House, The Street, Long Stratton, Norwich, Norfolk NR15 2XQ4
£322.5K06/230.39 mi7, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN4
£375K03/220.54 mi5, Welford Court, Long Stratton, Norwich, Norfolk NR15 2XL4
£312K09/230.63 mi29, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR4
£360K06/210.69 mi7, Red Robin Close, Tharston, Norwich, Norfolk NR15 2ZD4
£390K10/230.7 mi19, Jermyn Way, Tharston, Norwich, Norfolk NR15 2ZA4
£450K09/230.7 mi17, Jermyn Way, Tharston, Norwich, Norfolk NR15 2ZA4
£345K07/210.71 mi30, Upgate, Long Stratton, Norwich, Norfolk NR15 2ZE4
£272K06/230.79 mi10, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU4
£244.5K01/210.79 mi10, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU4
£290K03/210.81 mi16, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL4
£197.5K08/230.83 mi32, Porter Road, Long Stratton, Norwich, Norfolk NR15 2TY4
£250K10/200.84 mi2, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£250K10/200.84 mi2, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£200K11/230.85 mi2, Owens Close, Long Stratton, Norwich, Norfolk NR15 2TX4
£357K01/210.91 miRainbows, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF4
£270K12/200.94 mi41, Lime Tree Avenue, Long Stratton, Norwich, Norfolk NR15 2TL4
£305K11/200.95 mi71, Lime Tree Avenue, Long Stratton, Norwich, Norfolk NR15 2TL4
£275K11/210.96 mi8, Highfields, Tharston, Norwich, Norfolk NR15 2YS4

Local Rents

22 rents from £675/mo to £2K/mo, average is £935/mo.

RentDateDistanceAddressBeds 
£97506/240.15 miNorwich Road, NR153
£85001/250.2 mi-2
£1,55008/240.2 miChurchfields Road4
£69506/240.2 miChurchfields Road,Long Stratton,NR151
£1,65006/240.26 miHolmes Close4
£1,65008/240.26 miHolmes Close4
£89508/240.29 miSt. Michaels Road, NR152
£80008/240.29 miSt Michaels Road, Long Stratton, NR152
£70008/240.3 miThe Street, NR152
£86507/240.34 miThe Street, Long Stratton, Norwich, NR152
£86507/240.34 mi-2
£69512/240.35 mi-1
£72503/240.37 miThe Street, NR151
£67503/240.62 miThe Street, NR151
£89507/240.63 miManor Park Gardens, Long Stratton, NR152
£97510/230.73 mi-3
£1,25006/240.74 miJermyn Way3
£1,15007/240.75 miJermyn Way, Tharston3
£2,00006/241.26 miWood Green, NR155
£1,95008/241.9 miFritton4
£1,50006/241.91 miShelton Spot, Shelton, Norwich, Norfolk, NR154
£1,95006/242.47 miScots Bungalow, Hempnall, Norwich4

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

10.35 miles away

Nearest school

0.50 miles away

Nearest train station

7.06 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £725,000

September 13, 2024

Floor Plans

Description

  • Long Stratton bypass due to complete by end of 2025 +
  • Detached Family House +
  • 4 Bedrooms +
  • Wooded Plot +
  • 0.53 Acres +
  • Double Garage +
  • Air Source Heat Pump +
  • Solar Array producing circa 2,700 Kwh free elctricity +
  • Feed In Tariff over £2,000pa tax free & index linked for the next 12 years +
  • 10 miles equidistant to Norwich & Diss +

Woodlands is a detached modern four-bedroom house within a beautiful and secluded mature half acre plot on the edge of a small community town in South Norfolk. Built in 1987 of brick elevations under pantile roof, the property’s modern construction is well suited for the more recent additions of solar panels and air source heat pump which in combination provides a low cost and highly efficient supply of heat and power. The property offers excellent family accommodation across two storeys with a large sitting room with wood burning stove and sliding doors out to the rear garden and double doors through to the dining room also with views over the rear garden. The kitchen breakfast room has been extended and is incredibly light with velux windows above a breakfast table and oak framed floor to ceiling window and sliding doors to the rear garden. The kitchen and utility room enjoy a solid wood floor with handmade underlit floor cabinets under solid wood worktops. The utility leads to a rear porch giving access to the double garage.

Upstairs is the principal bedroom with en suite shower room by Porcelanosa. The landing is large and gives access to three further double bedrooms and a family bathroom.

The property benefits from a recently installed air source heat pump and solar array producing circa 2,700 Kwh of free electricity as well as £2,000 per annum of tax free and index linked Feed In Tariff for a further 12 years.

Outside, the property enjoys mature front and rear gardens that are mostly laid to lawn, with mature trees and shrubs including Oak, Walnut, Spruce, Ash, Pink Horse Chestnut, Holly, Scots Pine, Silver Birch, Sycamore and Yew. The rear garden was designed by Bob Flowerdew (regular BBC Radio 4 Garden Question Time expert) to be easily maintained. Features include a terrace, hedge borders, pond, and vegetable plot. The property is approached via a gravel drive to the double garage and parking for numerous vehicles.

Long Stratton is a well-served small town with a thriving community conveniently situated halfway between Norwich and Diss in South Norfolk. A long-awaited by-pass is currently under construction with completion expected in 2025 which will divert traffic from passing through the town centre. Long Stratton has two public houses, leisure centre, primary and secondary schools, library, post office, shop, butcher, dentists, doctors’ surgery, and pharmacy. 10 miles south is Diss with a wider range of amenities including a direct trainline to London Liverpool Street (90 mins). The Cathedral City of Norwich, the regional centre is 10 miles to the north and offers a comprehensive range of commercial entertainment, cultural amenities, and excellent schooling. On the North side of the city is Norwich International Airport which caters for both domestic and international flight destinations.

Agent Details

Strutt & Parker, Norwich

01603 361891

Next Steps?

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