3 Bed Semi-Detached House, Single Let, Norwich, NR13 5BE, £150,000

2 High's Corner, Plumstead Road, Thorpe End, Norwich, Norfolk NR13 5BE - 6 months ago

Sold STC
Auction
BTL
68 m²
+6 photos

ValuationUndervalued

Sold Prices£107.5K - £540K
Sold Prices/m²£1.6K/m² - £6.3K/m²

 

 

Square Metres

68 m²
Price/m²£2.2K/m²

Value Estimate

£183,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£1,000 - £1,650

Rent Estimate

£492

Running Costs/mo

£587

Cashflow/mo

£-95

Cashflow/yr

£-1,142

Gross Yield

4%

Local Sold Prices

50 sold prices from £107.5K to £540K, average is £265K. £1.6K/m² to £6.3K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£540K12/200.2 mi30, Woodland Drive, Thorpe End, Norwich, Norfolk NR13 5BH3
£475K08/210.24 mi32, Plumstead Road, Thorpe End, Norwich, Norfolk NR13 5AJ3
£285K04/230.46 mi12, Waller Close, Norwich, Norfolk NR7 0RN3
£270K07/230.47 mi77, Desborough Way, Norwich, Norfolk NR7 0WR3
£312K07/230.49 mi16, Dowsing Court, Norwich, Norfolk NR7 0RW3
£260K09/230.52 mi34, Pym Close, Norwich, Norfolk NR7 0QP3
£240K07/210.53 mi4, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF3
£210K06/210.53 mi23, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF3
£240K07/210.53 mi4, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF3
£338K05/210.56 mi21, Hyde Court, Norwich, Norfolk NR7 0QR3
£360K01/230.59 mi6, Desborough Way, Norwich, Norfolk NR7 0RR3
£257K01/210.62 mi38, Booty Road, Norwich, Norfolk NR7 0NE3
£271K11/200.62 mi26, Booty Road, Norwich, Norfolk NR7 0NE3
£271K11/200.62 mi26, Booty Road, Norwich, Norfolk NR7 0NE3
£240K03/210.62 mi11, Dalbier Close, Norwich, Norfolk NR7 0RP3
£235K09/210.64 mi19, Dalbier Close, Norwich, Norfolk NR7 0RP3
£260K10/220.65 mi24, Marston Moor, Norwich, Norfolk NR7 0TL3
£260K12/200.66 mi3, Marston Moor, Norwich, Norfolk NR7 0TL3
£383K12/200.66 mi282, Plumstead Road East, Norwich, Norfolk NR7 9NL3
£258.8K12/200.69 mi6, Hopton Close, Norwich, Norfolk NR7 0TF3
£267.5K12/230.71 mi39, Booty Road, Norwich, Norfolk NR7 0NF3
£288K08/230.74 mi16, Longfields Road, Norwich, Norfolk NR7 0NB3
£250K11/200.75 mi7, Rowton Heath, Norwich, Norfolk NR7 0NT3
£270K09/210.75 mi26, Rowton Heath, Norwich, Norfolk NR7 0NT3
£250K02/210.75 mi14, Rowton Heath, Norwich, Norfolk NR7 0NT3
£270K06/210.76 mi83, Harrisons Drive, Norwich, Norfolk NR7 9HU3
£390K06/230.76 mi87, Harrisons Drive, Norwich, Norfolk NR7 9HU3
£297K11/220.76 mi8, Chalgrove Field, Norwich, Norfolk NR7 0NP3
£255K04/210.76 mi6, Independent Way, Norwich, Norfolk NR7 0UX3
£250K08/230.76 mi19, Independent Way, Norwich, Norfolk NR7 0UX3
£270K12/220.77 mi5, Greenwood Way, Norwich, Norfolk NR7 9HW3
£212.5K04/210.78 mi39, Roundway Down, Norwich, Norfolk NR7 0NR3
£107.5K12/200.78 mi49, Roundway Down, Norwich, Norfolk NR7 0NR3
£227.5K05/240.78 mi22, Roundway Down, Norwich, Norfolk NR7 0NR3
£350K06/230.79 mi12, Hampden Drive, Norwich, Norfolk NR7 0UT3
£265K11/200.81 mi9, Woodcroft Close, Norwich, Norfolk NR7 9HS3
£265K04/210.82 mi2, Newbury Way, Norwich, Norfolk NR7 0YQ3
£255K03/210.82 mi29, Laurel Road, Norwich, Norfolk NR7 9LL3
£253K11/230.83 mi9, Hammond Close, Norwich, Norfolk NR7 9HT3
£317.5K02/230.83 mi22, Naseby Way, Norwich, Norfolk NR7 0TP3
£270K02/210.84 mi15, Hammond Way, Norwich, Norfolk NR7 9HP3
£330K06/210.84 mi25, Hammond Way, Norwich, Norfolk NR7 9HP3
£250K08/230.86 mi40, Naseby Way, Norwich, Norfolk NR7 0TP3
£245K08/210.86 mi15, Naseby Way, Norwich, Norfolk NR7 0TP3
£265K05/240.87 mi56, Winstanley Road, Norwich, Norfolk NR7 0YH3
£276.5K08/230.87 mi50, Winstanley Road, Norwich, Norfolk NR7 0YH3
£242.5K08/210.89 mi55, South Hill Road, Norwich, Norfolk NR7 0NG3
£252.5K03/210.9 mi16, Laud Close, Norwich, Norfolk NR7 0TN3
£280K04/230.9 mi25, Laud Close, Norwich, Norfolk NR7 0TN3
£390K12/200.91 mi45, Beechwood Drive, Norwich, Norfolk NR7 0LN3

Local Rents

19 rents from £1K/mo to £1.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,00006/240.1 miHeath Road, Thorpe End, NR133
£1,57508/240.37 miMetcalf Road, Norwich, Norfolk, NR133
£1,57509/240.38 mi64 Metcalf Road, Norwich, Norfolk, NR133
£1,57507/240.38 miMetcalf Road, Norwich, Norfolk, NR133
£1,65007/240.38 miHumprey Way, Norwich, Norfolk, NR133
£1,57507/240.4 miOstler Road, Norwich, Norfolk, NR133
£1,62507/240.4 miOstler Road, Norwich, Norfolk, NR133
£1,57508/240.4 miOstler Road, Norwich, Norfolk, NR133
£1,57508/240.4 miOstler Road, Norwich, Norfolk, NR133
£1,57507/240.41 miMetcalf Road, Norwich, Norfolk, NR133
£1,57507/240.41 miMetcalf Road, Norwich, Norfolk, NR133
£1,50006/240.51 mi-3
£1,40008/240.51 mi-3
£1,50006/240.51 miStafford Way, Rackheath, Norwich, NR133
£1,40006/240.51 miStafford Way, Rackheath, Norwich, NR133
£1,15006/240.59 miDesborough Way, NR73
£1,25012/240.59 miMaidens Close, Norwich, NR7 0RS3
£1,15003/240.6 mi-3
£1,25006/240.6 miNewcastle Close, Norwich, NR73

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

3.12 miles away

Nearest school

0.90 miles away

Nearest train station

2.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £150,000

September 27, 2024

Floor Plans

Description

  • Three bedroom semi detached house +
  • Regulated tenancy paying £113.50 per week (£5,902 per annum) +
  • Large corner gardens +
  • Guide price: £150,000 - £170,000 +
  • For sale by livestream auction +
  • Unless previously sold or withdrawn prior +
  • 11:00 am, Wednesday 23rd October 2024 +

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 23RD OCTOBER 2024 AT 11:00AM
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
A three bedroom semi detached house to be sold subject to a regulated tenancy A semi detached house located in a highly popular residential area within a large corner garden. The house is being sold with tenant who has been in occupation since 1981. The registered rent is currently £113.50 per week. Last registered 7th May 2018. The house has a lounge, kitchen and bathroom on the ground floor and three bedrooms on the first floor. The large corner gardens may have future potential to develop or extend the existing property (subject to planning).
Thorpe End is a popular village to the east of Norwich well placed for access into the city or to the open countryside. Ground Floor Hall, lounge, kitchen, bathroom, conservatory
First Floor Hall, three bedrooms
Outside Large corner garden with off road parking
Tenancy details Registered rent. Last registered 7th May 2018, current rent payable - £113.50 per week. Tenancy commenced 1981.

Landlord responsible for repairs and external decorations. Tenant responsible for internal decorations. - Subject to Section 11 Landlord and Tenant Act 1985
Council Tax Band B Tenure: Freehold EPC Rating: F Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, East Anglia

01603 361653

Next Steps?

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