2 Bed Terraced House, Single Let, Norwich, NR10 5LA, £190,000

Ormesby Road, Badersfield, NR10 5LA - 6 months ago

BTL

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£155K - £317K
Sold Prices/m²	£2K/m² - £4.2K/m²

Square Metres	~68.11 m²
Price/m²	£2.8K/m²
Value Estimate	£170,277£170,277

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£47,500£47,500
Stamp Duty & Legal Fees	£6,900£6,900
Total Cash In	£54,400£54,400

Cash Out
Rent Range	£725 - £1,200£725 - £1,200
Rent Estimate	£725
Running Costs/mo	£759£759
Cashflow/mo	£-34£-34
Cashflow/yr	£-405£-405
Gross Yield	5%5%

Local Sold Prices

31 sold prices from £155K to £317K, average is £200K. £2K/m² to £4.2K/m², average is £2.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£220K	07/23	0.03 mi	126, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JZ	£2,472	89	2	Terraced House
£160K	03/21	0.03 mi	125, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JZ	£2,133	75	2	Terraced House
£165K	03/21	0.03 mi	113, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JZ	£2,391	69	2	Terraced House
£202.3K	09/22	0.03 mi	68, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JZ	£2,661	76	2	Terraced House
£171K	05/21	0.05 mi	142, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5LA	£2,311	74	2	Terraced House
£200K	05/24	0.05 mi	139, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5LA	£2,667	75	2	Terraced House
£180K	03/23	0.05 mi	143, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5LA	£2,500	72	2	Terraced House
£195K	12/22	0.05 mi	141, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5LA	£2,671	73	2	Terraced House
£198K	10/23	0.07 mi	55, Cromes Place, Badersfield, Norwich, Norfolk NR10 5JU	£3,046	65	2	Terraced House
£165K	12/20	0.07 mi	67, Cromes Place, Badersfield, Norwich, Norfolk NR10 5JU	£2,500	66	2	Terraced House
£190K	05/23	0.07 mi	59, Cromes Place, Badersfield, Norwich, Norfolk NR10 5JU	-	-	2	Terraced House
£175K	01/21	0.1 mi	40, Cromes Place, Badersfield, Norwich, Norfolk NR10 5JT	£2,692	65	2	Terraced House
£188K	02/24	0.1 mi	57, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JY	-	-	2	Terraced House
£205K	11/22	0.1 mi	54, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JY	£2,770	74	2	Terraced House
£200K	02/23	0.1 mi	65, Ormesby Road, Badersfield, Norwich, Norfolk NR10 5JY	-	-	2	Terraced House
£200K	02/23	0.12 mi	67, Cromes Place, Badersfield, Norwich, Norfolk NR10 5JU	£3,030	66	2	Terraced House
£317K	08/21	0.95 mi	Bure Reach, The Street, Lamas, Norwich, Norfolk NR10 5AF	-	-	2	Semi-Detached House
£200K	03/23	1.27 mi	2, Mill Street, Buxton, Norwich, Norfolk NR10 5JE	£3,030	66	2	Terraced House
£210K	12/22	1.27 mi	Riverview, Mill Street, Buxton, Norwich, Norfolk NR10 5JE	£4,118	51	2	Terraced House
£200K	07/23	1.51 mi	11, Stracey Road, Buxton, Norwich, Norfolk NR10 5ET	-	-	2	Semi-Detached House
£200K	07/23	1.51 mi	11, Stracey Road, Buxton, Norwich, Norfolk NR10 5ET	-	-	2	Semi-Detached House
£280K	10/21	1.54 mi	22, Park Avenue, Scottow, Norwich, Norfolk NR10 5BY	£2,979	94	2	Semi-Detached House
£260K	11/22	1.73 mi	32, Church Close, Buxton, Norwich, Norfolk NR10 5ER	-	-	2	Detached House
£200K	03/21	1.77 mi	49, Levishaw Close, Buxton, Norwich, Norfolk NR10 5HQ	£4,167	48	2	Semi-Detached House
£220.5K	01/21	1.87 mi	7, Brook Street, Buxton, Norwich, Norfolk NR10 5AB	£1,969	112	2	Terraced House
£155K	06/21	1.91 mi	59, Brook Street, Buxton, Norwich, Norfolk NR10 5HF	-	-	2	Terraced House
£228K	07/23	1.92 mi	57, Brook Street, Buxton, Norwich, Norfolk NR10 5HF	£3,619	63	2	Terraced House
£228K	07/23	1.92 mi	57, Brook Street, Buxton, Norwich, Norfolk NR10 5HF	£3,619	63	2	Terraced House
£246K	06/24	1.92 mi	59, Brook Street, Buxton, Norwich, Norfolk NR10 5HF	-	-	2	Terraced House
£160K	04/21	1.92 mi	37, Brook Street, Buxton, Norwich, Norfolk NR10 5HF	£2,623	61	2	Terraced House
£284K	01/23	1.99 mi	Hawthorns, The Heath, Buxton, Norwich, Norfolk NR10 5JA	-	-	2	Detached House

Local Rents

9 rents from £725/mo to £1.2K/mo, average is £850/mo.

Rent	Date	Distance	Address	Beds	Type
£850	12/24	0.03 mi	Ormesby Road, NR10	2	Terraced House
£825	06/24	0.09 mi	Cromes Place, Badersfield	2	Terraced House
£1,100	03/25	0.1 mi	-	3	Terraced House
£995	04/25	1.27 mi	-	2	Detached House
£725	06/24	1.29 mi	Mill Street, Buxton	2	Flat
£800	02/25	1.89 mi	-	1	Terraced House
£1,100	11/24	1.92 mi	-	2	Semi-Detached House
£1,200	02/24	2.24 mi	-	3	Detached House
£850	03/24	2.25 mi	-	3	Terraced House

Local Area Statistics

Population in NR10	22,76122,761
Population in Norwich	366,887366,887
Town centre distance	8.78 miles away8.78 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	2.77 miles away2.77 miles away

Rental growth (12m)	+9%+9%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+23%+23%

Property History

Listed for £190,000

September 30, 2024

Sold for £129,950

2007

Floor Plans

Description

Two bedroom end terraced house +
Generous living accommodation +
Popular residential location +
Close to local amenities +
Internal viewing advised +

abbotFox presents this spacious two bedroom end terraced house. Set within the popular area of Badersfield, this home is ideally located within easy reach of local amenities.

The accommodation is neatly arranged over two floors, with the ground floor comprising, an entrance hall, lounge and kitchen diner. The first floor offers two generous double bedrooms, a family bathroom and separate WC. Externally the rear gardens afford a high degree of privacy and benefit from a brick-built secure out-building.

The property could make an ideal investment opportunity with a tenant in situ, or would suit a first time buyer looking to take their first steps onto the property ladder. An internal viewing comes highly recommended.

Guide price - £200,000 - £210,000

Agent Details

AbbotFox, Norwich

01603 510582

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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2 Bed Terraced House, Single Let, Norwich, NR10 5LA, £190,000

ValuationOvervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

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