2 Bed Bungalow, Single Let, Norwich, NR6 7HP, £250,000

Edgefield Close, Old Catton, NR6 7HP - 6 months ago

Sold STC
BTL
~68 m²
+20 photos

ValuationOvervalued

Sold Prices£100K - £336K
Sold Prices/m²£990/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£230,832

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£795 - £1,200

Rent Estimate

£895

Running Costs/mo

£980

Cashflow/mo

£-85

Cashflow/yr

£-1,023

Gross Yield

4%

Local Sold Prices

50 sold prices from £100K to £336K, average is £215K. £990/m² to £5.4K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£198K10/200.03 mi45, Edgefield Close, Old Catton, Norwich, Norfolk NR6 7HP2
£193K04/210.09 mi125, The Paddocks, Norwich, Norfolk NR6 7HR2
£240K04/240.09 mi125, The Paddocks, Norwich, Norfolk NR6 7HR2
£210K11/230.09 mi169, The Paddocks, Norwich, Norfolk NR6 7HR2
£275K01/230.18 mi107, The Paddocks, Norwich, Norfolk NR6 7HE2
£190K02/210.18 mi73, The Paddocks, Norwich, Norfolk NR6 7HE2
£252K01/240.2 mi61, Three Corner Drive, Norwich, Norfolk NR6 7HB2
£220K10/230.2 mi73, Norman Drive, Norwich, Norfolk NR6 7HW2
£220K11/210.23 mi11, Ernest Drive, Old Catton, Norwich, Norfolk NR6 7GA2
£180K09/210.26 mi12, Three Corner Drive, Norwich, Norfolk NR6 7HA2
£260K01/240.26 mi318, St Faiths Road, Norwich, Norfolk NR6 7BL2
£215K09/230.28 mi130, Lodge Lane, Norwich, Norfolk NR6 7HJ2
£230K11/220.3 mi14, Lindley Close, Norwich, Norfolk NR6 7LL2
£235K11/220.3 mi36, Lindley Close, Norwich, Norfolk NR6 7LL2
£187K05/210.3 mi36, Lindley Close, Norwich, Norfolk NR6 7LL2
£208K11/230.3 mi24, Lindley Close, Norwich, Norfolk NR6 7LL2
£205K05/240.3 mi27, Lindley Close, Norwich, Norfolk NR6 7LL2
£161K11/220.33 mi136, Desmond Drive, Norwich, Norfolk NR6 7JW2
£150K12/200.35 mi153, White Woman Lane, Norwich, Norfolk NR6 7JL2
£178K06/210.36 mi46, Priors Drive, Norwich, Norfolk NR6 7LJ2
£215K03/230.36 mi48, Priors Drive, Norwich, Norfolk NR6 7LJ2
£220K11/230.36 mi47, Priors Drive, Norwich, Norfolk NR6 7LJ2
£210K04/230.36 mi68, Priors Drive, Norwich, Norfolk NR6 7LJ2
£232.5K03/240.41 mi36, Mountbatten Drive, Norwich, Norfolk NR6 7PJ2
£225K06/240.41 mi41, Mountbatten Drive, Norwich, Norfolk NR6 7PJ2
£225K08/230.42 mi33, Brayfield Way, Norwich, Norfolk NR6 7ET2
£215K09/230.43 mi17, Lodge Farm Drive, Norwich, Norfolk NR6 7LP2
£203.5K02/210.43 mi31, Lodge Farm Drive, Norwich, Norfolk NR6 7LP2
£195K07/210.44 mi55, Lodge Farm Drive, Norwich, Norfolk NR6 7LP2
£220K11/220.45 mi141, Mountbatten Drive, Norwich, Norfolk NR6 7PP2
£192.5K07/210.5 mi54, Evans Way, Norwich, Norfolk NR6 7LR2
£173.5K12/200.5 mi45, Evans Way, Norwich, Norfolk NR6 7LR2
£250K05/230.5 mi31, Evans Way, Norwich, Norfolk NR6 7LR2
£225K12/220.5 mi48, Evans Way, Norwich, Norfolk NR6 7LR2
£212K10/210.5 mi11, Billing Close, Norwich, Norfolk NR6 7EL2
£177K04/210.5 mi10, Billing Close, Norwich, Norfolk NR6 7EL2
£220K12/230.51 mi92, Proctor Road, Norwich, Norfolk NR6 7PH2
£240K12/200.51 mi102, Proctor Road, Norwich, Norfolk NR6 7PH2
£215K04/210.52 mi173, Spixworth Road, Norwich, Norfolk NR6 7DY2
£181.6K07/210.52 mi167, Spixworth Road, Norwich, Norfolk NR6 7DY2
£220K03/240.52 mi167, Spixworth Road, Norwich, Norfolk NR6 7DY2
£238K05/240.56 mi17, Windsor Park Gardens, Norwich, Norfolk NR6 7PR2
£182.5K11/210.56 mi54, Windsor Park Gardens, Norwich, Norfolk NR6 7PR2
£198K08/210.59 mi26, Blacksmiths Way, Norwich, Norfolk NR6 7DT2
£260K08/210.61 mi53, Catton Chase, Norwich, Norfolk NR6 7AS2
£100K03/230.61 mi131, Windsor Park Gardens, Norwich, Norfolk NR6 7PT2
£280K08/230.63 mi106, Moore Avenue, Norwich, Norfolk NR6 7LQ2
£336K11/220.63 mi128, Moore Avenue, Norwich, Norfolk NR6 7LQ2
£240K04/230.66 mi64, Moore Avenue, Norwich, Norfolk NR6 7LF2
£200K03/210.69 mi39, Marauder Road, Norwich, Norfolk NR6 6HD2

Local Rents

10 rents from £795/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£89506/240.27 miSt Faiths Lane, Old Catton, NR62
£1,05003/240.3 miCatton, North Of The City2
£95006/240.41 mi-2
£1,20012/240.52 mi-2
£1,10006/240.69 miNR62
£89506/240.73 miWilks Farm Drive, Sprowston, Norwich, NR72
£95003/240.73 miWilks Farm Drive,Sprowston,Norwich,NR72
£1,20012/240.77 miPennyroyal, Norwich, NR6 2
£92506/240.91 miChurch View Court, NORWICH2
£79512/241.2 miNeville Road, Norwich, Norfolk, NR72

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

2.19 miles away

Nearest school

0.20 miles away

Nearest train station

3.03 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

September 30, 2024

Sold for £185,000

2019

Floor Plans

Description

  • Semi Detached Bungalow +
  • Two Bedrooms +
  • No Onward Chain +
  • Energy Performance Rating 'A' +
  • Driveway & Garage +
  • Immaculate Turn Key Condition +
  • Landscaped Rear Garden +
  • Efficient Privately Owned Solar Panels +
  • Large Living Room & Conservatory +
  • Loft Conversion Potential +

This charming semi-detached bungalow, nestled in a peaceful cul-de-sac in the sought-after area of Old Catton, is offered with no onward chain. Boasting an impressive Energy Performance Rating of 'A', the property benefits from privately owned solar panels, providing exceptionally low running costs. The interior features an entrance lobby, a well-appointed kitchen, a modern bathroom, and two spacious bedrooms, with the master bedroom offering built-in wardrobes. The bright living room leads into a spacious conservatory. Additionally, the property offers a large loft space, presenting an excellent opportunity for a future loft conversion.

The bungalow features a welcoming front lawn and a spacious shingle driveway, offering ample off-road parking, along with a detached garage equipped with full power and electrics. The rear garden is fully enclosed, low maintenance, and has been beautifully landscaped by the current owners. It includes a well-designed patio area, perfect for outdoor entertaining, complemented by shingle pathways and smartly arranged flower beds, creating a peaceful and stylish outdoor space.

Entrance Lobby

Living Room 14'10 x 12'8 (4.53m x 3.86m)

Kitchen 9'5 x 7'2 (2.87m x 2.18m)

Bedroom 10'8 x 9'11 (3.25m x 3.02m)

Bedroom 8'2 x 6'9 (2.50m x 2.06m)

Bathroom 6'2 x 5'6 (1.89m x 1.68m)

Conservatory 9'2 x 7'5 (2.79m x 2.26m)

Old Catton is a Norwich suburb, which lies about two miles north-east to the centre of the city of Norwich. Catton Park is a local beauty spot with approximately 72 hectares of unspoiled green space. It is perfectly situated for enjoying the many attractions of Norwich, which include the Cathedral, The Forum, Norwich Castle and the city's famous covered market. Norwich also has a variety of good schools in both the private and public sectors.

IMPORTANT NOTICES

Local Authority: Broadland District Council

Council Tax Band: C

Current EPC rating: A

Agent Details

Property Ladder, Norwich

01603 361657

Next Steps?

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