4 Bed Detached House, Single Let, Norwich, NR4 6NL, £400,000

16 Chestnut Hill, Norwich, Norfolk, NR4 6NL - 7 months ago

Sold STC
BTL
~129 m²
+25 photos

ValuationUndervalued

Sold Prices£232K - £1.4M
Sold Prices/m²£2.8K/m² - £7.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£517,029
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£24,700

Total Cash In

£124,700

 

 

Cash Out

 

Rent Range

£1,095 - £3,900

Rent Estimate

£1,310

Running Costs/mo

£1,532

Cashflow/mo

£-222

Cashflow/yr

£-2,664

Gross Yield

4%

Local Sold Prices

50 sold prices from £232K to £1.4M, average is £500K. £2.8K/m² to £7.6K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£480K07/240 mi61, Chestnut Hill, Norwich, Norfolk NR4 6NL4
£500K02/210 mi34, Chestnut Hill, Norwich, Norfolk NR4 6NL4
£550K05/230 mi44, Chestnut Hill, Norwich, Norfolk NR4 6NL4
£510K04/230.12 mi13, Parsons Mead, Norwich, Norfolk NR4 6PG4
£885K12/200.12 mi43, Church Lane, Eaton, Norwich, Norfolk NR4 6NW4
£570K12/200.16 mi5, Poplar Avenue, Norwich, Norfolk NR4 7LB4
£295K08/230.25 mi7, Norvic Drive, Norwich, Norfolk NR4 7NL4
£415K06/230.25 mi11, Leng Crescent, Norwich, Norfolk NR4 7NX4
£415K11/200.26 mi7, Cheyham Mount, Norwich, Norfolk NR4 6HJ4
£430K07/230.28 mi28, Church Lane, Eaton, Norwich, Norfolk NR4 6NY4
£520K01/240.28 mi24, Church Lane, Eaton, Norwich, Norfolk NR4 6NY4
£675K03/210.32 mi40, Bluebell Road, Norwich, Norfolk NR4 7LG4
£680K03/210.32 mi52, Bluebell Road, Norwich, Norfolk NR4 7LG4
£576.5K06/210.32 mi34, Bluebell Road, Norwich, Norfolk NR4 7LG4
£355K09/230.32 mi38, Kingswood Close, Norwich, Norfolk NR4 6JF4
£455K11/210.33 mi66, Buckland Rise, Norwich, Norfolk NR4 6EZ4
£608.5K12/220.38 mi24, Blakeney Close, Norwich, Norfolk NR4 7QP4
£775K02/210.39 mi5, Marston Lane, Norwich, Norfolk NR4 6LZ4
£425K12/200.4 mi11, Blakeney Close, Norwich, Norfolk NR4 7QP4
£380K10/220.4 mi10, Blakeney Close, Norwich, Norfolk NR4 7QP4
£395K05/210.42 mi8, Lindford Drive, Norwich, Norfolk NR4 6LT4
£510K11/200.43 mi14, Wentworth Green, Norwich, Norfolk NR4 6AE4
£420K05/230.44 mi9, Purtingay Close, Norwich, Norfolk NR4 6HU4
£385K11/200.44 mi2, Purtingay Close, Norwich, Norfolk NR4 6HU4
£490K04/230.44 mi7, Elstead Close, Norwich, Norfolk NR4 6LU4
£1.4M09/210.45 mi178, Newmarket Road, Norwich, Norfolk NR4 6AR4
£430K01/210.45 mi107, Greenways, Norwich, Norfolk NR4 6PD4
£850K09/210.47 mi422a, Unthank Road, Norwich, Norfolk NR4 7QH4
£430K05/210.48 mi24, Lindford Drive, Norwich, Norfolk NR4 6LR4
£438K06/210.48 mi9, Abinger Way, Norwich, Norfolk NR4 6NA4
£400K08/230.48 mi7, Abinger Way, Norwich, Norfolk NR4 6NA4
£465K11/210.51 mi38, Norton Drive, Norwich, Norfolk NR4 6JD4
£470K12/200.51 mi24, Norton Drive, Norwich, Norfolk NR4 6JD4
£592K04/210.51 mi28, Norton Drive, Norwich, Norfolk NR4 6JD4
£420K10/230.51 mi10, Norton Drive, Norwich, Norfolk NR4 6JD4
£585K02/210.52 mi32, Glenalmond, Norwich, Norfolk NR4 6AG4
£615K05/230.52 mi6, Glenalmond, Norwich, Norfolk NR4 6AG4
£625K06/230.52 mi5, Glenalmond, Norwich, Norfolk NR4 6AG4
£585K09/230.52 mi16, Glenalmond, Norwich, Norfolk NR4 6AG4
£232K11/200.53 mi3, Nasmith Road, Norwich, Norfolk NR4 7BH4
£500K07/230.53 mi3, Wentworth Green, Norwich, Norfolk NR4 6AD4
£573K09/230.53 mi8, Wentworth Green, Norwich, Norfolk NR4 6AD4
£595K09/230.54 mi16a, Carnoustie, Norwich, Norfolk NR4 6AY4
£375K02/210.56 mi13, Churchfield, Norwich, Norfolk NR4 6UP4
£776.2K12/200.59 mi5, Edenhurst Close, Norwich, Norfolk NR4 7QT4
£600K10/220.59 mi22, Sunningdale, Norwich, Norfolk NR4 6AQ4
£645K12/220.61 mi13, The Ridings, Cringleford, Norwich, Norfolk NR4 6UJ4
£357K09/220.62 mi53, South Park Avenue, Norwich, Norfolk NR4 7AY4
£490K02/210.63 mi4, Kingston Square, Norwich, Norfolk NR4 7PF4
£740K03/210.63 mi64a, Colney Lane, Cringleford, Norwich, Norfolk NR4 7RF4

Local Rents

50 rents from £1.1K/mo to £3.9K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£3,05006/240.06 miChestnut Hill, Norwich, NR46
£3,90012/240.11 miNewmarket Road, Norwich, Norfolk, NR48
£1,20012/240.12 miHavant Close, NORWICH3
£1,45012/240.2 mi-3
£1,40012/240.21 miEbbisham Drive, Norwich3
£1,40012/240.23 mi-4
£1,80012/240.24 miBek Close, Norwich, NR44
£1,80012/240.24 miBek Close, Norwich, NR44
£2,20006/240.29 miUnthank Road, Norwich4
£1,90006/240.29 mi-3
£2,00006/240.29 mi-3
£2,00003/250.29 mi-3
£1,40006/240.3 miNorvic Drive, NR43
£1,55012/240.3 miNorvic Drive, NORWICH3
£2,60012/240.34 miLeng Crescent, Norwich, NR46
£1,80006/240.35 miBrentwood, Norwich, NR43
£2,40012/240.37 miThe Loke, Cringleford, NORWICH4
£1,55012/240.38 mi-3
£1,47512/240.38 mi-3
£1,56006/240.4 miOsbourne Road, NR44
£1,30001/240.4 miLeng Crescent, Norwich3
£1,34012/240.4 miBlakeney Close, Eaton, NR44
£2,60012/240.4 miLeng Crescent, Norwich6
£1,52011/240.41 mi-4
£3,00006/240.41 miLeng Crescent, Norwich, NR46
£2,60006/240.42 miLeng Crescent, Norwich, NR46
£1,09512/240.42 miIntwood Road, Cringleford, Norwich, NR43
£1,85006/240.46 miOsborne Road, Norwich, Norfolk, NR44
£1,75012/240.47 miBrentwood, Norwich, NR44
£2,75006/240.49 miSumpter Road, Norwich, NR45
£2,20006/240.49 miSumpter Road, Norwich4
£2,25006/240.49 miPeckover Road, Norwich, NR45
£1,60002/240.49 miPeckover Road, Norwich4
£3,00012/240.5 miNasmith Road, Norwich5
£1,80006/240.5 miPettus Road, Norwich, 4
£2,60012/240.5 miNasmith Road, NORWICH5
£1,65012/240.51 mi-4
£1,60003/240.52 miNasmith Road, Norwich4
£2,60012/240.52 miNasmith Road, Norwich5
£2,75006/240.52 miNasmith Road, Norwich5
£2,75006/240.52 miNasmith Road, Norwich, NR45
£3,30006/240.53 miNasmith Road6
£1,90006/240.53 miNasmith Road, Norwich, NR44
£2,10003/240.54 miNasmith Road, Norwich, NR45
£2,10012/240.54 miNasmith Road, Norwich5
£2,75006/240.55 miPeckover Road, Norwich, NR45
£2,00012/240.56 miPettus Road, Norwich, Norfolk, NR44
£1,49506/240.56 miPettus Road, NORWICH4
£1,69506/240.57 miAbinger Way, Norwich, Norfolk, NR44
£1,69506/240.57 miAbinger Way, NORWICH4

Local Area Statistics

Population in NR4

22,331

Population in Norwich

366,887

Town centre distance

2.68 miles away

Nearest school

0.40 miles away

Nearest train station

2.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £400,000

February 28, 2025

Price changed to £425,000

January 11, 2025

Listed for £450,000

September 24, 2024

Sold for £88,000

1996

Floor Plans

Description

  • DETACHED HOUSE CLOSE TO VILLAGE CENTRE +
  • 4 BEDROOMS +
  • LOUNGE OPENING TO DINING ROOM, SEPARATE STUDY +
  • FITTED KITCHEN +
  • SOME UPDATING REQUIRED +
  • DRIVEWAY, CAR PORT AND GARAGE +
  • 1,254 SQUARE FEET +
  • EPC D +

*PRICE GUIDE RANGE £450,000 to £475,000*A very well located detached 4 bedroom house in the very sought after location of Chestnut Hill just a stone’s throw from all of the wide and varied amenities that the village of Eaton offers, beyond which is excellent access to the A11, Southern Bypass/A47, the Norfolk and Norwich hospital, UEA, Research Centre and of course the city centre, the area is also well served by local bus services.
The property has a square footage of 1,254 and set over two storeys, it does require some updating but also offers scope for extension (STP) and a pleasant position backing onto a green area to the rear. Its currently offers 4 bedrooms, study, lounge through to dining room, ground floor cloakroom, kitchen and outside driveway, car port, garage, landscaped front garden and enclosed rear garden. Viewing is most strongly recommended to appreciate the property.

Double glazed composite front door and side panels to
ENTRANCE HALL Radiator, stairway to 1st floor. Built in cupboard. Doors to lounge, study, cloakroom and kitchen.
CLOAKROOM Suite comprising wall mounted wash hand basin and WC, towel rail, sealed unit double glazed window to side.
STUDY Radiator, sealed unit double glazed full height window to front.
LOUNGE York stone fireplace with hearth and side display plinth, wood mantle over, radiator, sealed unit double glazed window to front. Arched opening to
DINING ROOM Radiator, sealed unit double glazed window to rear. Door to
KITCHEN Fitted comprising single drainer sink unit with mixer tap inset to composite work surfaces with range of base and eye level units, built in electric hob and oven with extractor unit over, plumbing for automatic washing machine and dishwasher, space for fridge/freezer, wall mounted gas fired boiler, sealed unit double glazed window to rear. Double glazed upvc door to rear garden. Door to hall.

STAIRWAY TO FIRST FLOOR LANDING Loft access. Built-in airing cupboard. Doors to bedrooms 1, 2, 3, 4 and bathroom.
BEDROOM 1 Radiator, sealed unit double glazed window to front. Built in double wardrobes and cupboards.
BEDROOM 2 Radiator, sealed unit double glazed window to front. Built in double wardrobe with cupboards over.
BEDROOM 3 Radiator, sealed unit double glazed window to rear. Built in double wardrobes and cupboard.
BEDROOM 4 Radiator, sealed unit double glazed window to rear.
BATHROOM White suite comprising panel sided bath with wall mounted main shower and shower screen, pedestal wash hand basin, WC, towel rail/radiator, tiled walls, sealed unit double glazed window to rear.

OUTSIDE Attractive front garden inset landscaped flower and shrub beds with slate and timber features.
Driveway leading to
CARPORT Leading onto
GARAGE With inspection pit and personnel door to rear garden.
Side access via gate to
Enclosed rear garden, laid to lawn, flower and shrub beds, paved patio area. Outside tap.
Council tax band: D

Agent Details

Morton Reeves Estate Agents, Norwich

01603 361279

Next Steps?

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