4 Bed Detached House, Single Let, Norwich, NR15 2ZA, £375,000

422 Jermyn Way, Tharston, Norwich, UK - 6 months ago

BTL
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£197.5K - £625K
Sold Prices/m²£2.1K/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.9K/m²

Value Estimate

£323,143

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£688

Running Costs/mo

£1,329

Cashflow/mo

£-641

Cashflow/yr

£-7,698

Gross Yield

2%

Local Sold Prices

32 sold prices from £197.5K to £625K, average is £325.3K. £2.1K/m² to £4.2K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£390K10/230.01 mi19, Jermyn Way, Tharston, Norwich, Norfolk NR15 2ZA4
£450K09/230.01 mi17, Jermyn Way, Tharston, Norwich, Norfolk NR15 2ZA4
£360K06/210.06 mi7, Red Robin Close, Tharston, Norwich, Norfolk NR15 2ZD4
£345K07/210.13 mi30, Upgate, Long Stratton, Norwich, Norfolk NR15 2ZE4
£250K10/200.25 mi2, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£280K10/200.25 mi9, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£250K10/200.25 mi2, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£290K03/210.27 mi16, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL4
£197.5K08/230.34 mi32, Porter Road, Long Stratton, Norwich, Norfolk NR15 2TY4
£322.5K06/230.44 mi7, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN4
£312K09/230.49 mi29, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR4
£310K06/210.53 miCordwainers, The Street, Long Stratton, Norwich, Norfolk NR15 2AH4
£425K06/210.55 miTudor House, The Street, Long Stratton, Norwich, Norfolk NR15 2XQ4
£375K03/220.56 mi5, Welford Court, Long Stratton, Norwich, Norfolk NR15 2XL4
£272K06/230.58 mi10, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU4
£244.5K01/210.58 mi10, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU4
£275K11/210.59 mi8, Highfields, Tharston, Norwich, Norfolk NR15 2YS4
£328K09/230.59 mi8, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£296K03/210.59 mi12, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£200K11/230.6 mi2, Owens Close, Long Stratton, Norwich, Norfolk NR15 2TX4
£335K04/210.63 mi1, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY4
£345K03/210.7 mi13, Field Acre Way, Long Stratton, Norwich, Norfolk NR15 2WE4
£270K12/200.73 mi41, Lime Tree Avenue, Long Stratton, Norwich, Norfolk NR15 2TL4
£425K10/220.73 mi1, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£330K08/210.73 mi6, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£305K11/200.74 mi71, Lime Tree Avenue, Long Stratton, Norwich, Norfolk NR15 2TL4
£365K02/210.75 mi8, Eastfield Road, Long Stratton, Norwich, Norfolk NR15 2WN4
£357K01/210.78 miRainbows, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF4
£285K12/200.98 mi27, Church Road, Wacton, Norwich, Norfolk NR15 2UG4
£625K10/230.98 miThe Old Granary, Church Road, Wacton, Norwich, Norfolk NR15 2UG4
£600K08/230.98 miBarn House, The Street, Tharston, Norwich, Norfolk NR15 2YP4
£455K10/201 miApple Trees, The Street, Tharston, Norwich, Norfolk NR15 2YP4

Local Rents

20 rents from £675/mo to £2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,25006/240.09 miJermyn Way3
£1,15007/240.12 miJermyn Way, Tharston3
£97510/230.18 mi-3
£89508/240.48 miSt. Michaels Road, NR152
£80008/240.48 miSt Michaels Road, Long Stratton, NR152
£89507/240.49 miManor Park Gardens, Long Stratton, NR152
£70008/240.53 miThe Street, NR152
£86507/240.53 mi-2
£86507/240.53 miThe Street, Long Stratton, Norwich, NR152
£85001/250.54 mi-2
£72503/240.55 miThe Street, NR151
£67503/240.55 miThe Street, NR151
£97506/240.58 miNorwich Road, NR153
£69512/240.7 mi-1
£1,55008/240.72 miChurchfields Road4
£69506/240.72 miChurchfields Road,Long Stratton,NR151
£1,65006/240.73 miHolmes Close4
£1,65008/240.73 miHolmes Close4
£2,00006/241.41 miWood Green, NR155
£1,50006/242.25 miShelton Spot, Shelton, Norwich, Norfolk, NR154

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

10.71 miles away

Nearest school

0.20 miles away

Nearest train station

6.78 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £375,000

October 4, 2024

Floor Plans

Description

  • Single garage +
  • 4 double bedrooms +
  • Southerly facing rear gardens +
  • Residue of 10 year NHBC +
  • 16 solar panels +
  • Freehold +
  • EPC Rating B +
  • Council Tax Band D +
  • Electric heating +
  • Mains drainage +

The property comprises a four bedroom detached house being built in 2016 of traditional brick and block cavity wall construction under an interlocking tiled roof with 16 solar panels to the rear, benefitting from upvc double glazed windows and doors, whilst being heated by an electric boiler via radiators.  Offering bright and spacious accommodation at both ground and first floor levels totalling over 1,200 sq ft. Being approached via a tarmacked driveway giving off-road parking for two vehicles leading to the single garage.  The main gardens are found to the rear of the property enjoying a southerly facing aspect having been beautifully landscaped with a range of trees, plants and shrubs providing colour during the summer months and having privacy and seclusion, a garden shed is found to the rear of the garage, all being enclosed by panel fencing. Located to the west of Long Stratton, the property is found within a new development of similar attractive houses and in walking distance of local schooling and amenities. Further enjoying being within a stones' throw of the beautiful Norfolk countryside with many rural countryside walks to hand. The thriving and well established village of Long Stratton is found midway between Diss and Norwich, (Diss being 13 miles to the south and with the benefit of a mainline railway station with regular/direct services to London Liverpool Street. Norwich is respectively 12 miles to the north being within commuter distance). The village offers an extensive range of day to day amenities and facilities, having good schooling, supermarket, Doctors surgery, restaurants, cafes and excellent public transport links. ENTRANCE HALL: Giving access to lounge, kitchen/diner, study and wc/utility.   STUDY: - 2.06m x 2.59m (6'9" x 8'6") Window to front, an excellent space for an office. LOUNGE: - 3.78m x 4.70m (12'5" x 15'5") With window to front being a bright and spacious room with feature fireplace, giving access to kitchen/diner. KITCHEN/DINER: - 8.00m x 3.18m (26'3" x 10'5") With window to rear aspect, the kitchen offers a good range of wall and floor units, work surfaces, electric oven, four ring induction hob with extractor above, one and a half bowl stainless steel sink with drainer and mixer tap, space for large fridge freezer.  Dining area to side.  French door giving views and access onto the garden. WC/UTILITY: - 2.06m x 1.57m (6'9" x 5'2") Comprising low level wc and hand wash basin.  Plumbing for washing machine.  Floor units and work surfaces. FIRST FLOOR LEVEL - LANDING: Giving access to the four double bedrooms and bathroom.  Storage cupboard to side housing the boiler.  Loft space above. BEDROOM ONE: - 3.84m x 3.76m (12'7" x 12'4") With window to front being a large double bedroom having built-in wardrobes and en-suite facilities. EN-SUITE: - 1.96m x 1.68m (6'5" x 5'6") With window to front comprising shower cubicle, low level wc and hand wash basin.  Tiled splashbacks. BEDROOM TWO: - 3.05m x 4.17m (10'0" x 13'8") Window to front being a large double bedroom with built-in wardrobes. BEDROOM THREE: - 2.69m x 3.25m (8'10" x 10'8") A double bedroom found to the rear having built-in wardrobes. BEDROOM FOUR: - 3.05m x 3.35m (10'0" x 11'0") A double bedroom lending itself as potential office space, window to rear. BATHROOM: - 2.03m x 1.70m (6'8" x 5'7") Window to rear comprising panelled bath with shower over, low level wc and hand wash basin.  Tiled splashbacks.

AGENTS NOTE: Material Information regarding the property can be found in our Key Facts for Buyers interactive brochure located in the Virtual Tour no. 2 thumbnail. **SERVICES:
**Drainage - mains
Heating - electric
EPC Rating B
Council Tax Band D
Tenure - freehold

Agent Details

Whittley Parish, Long Stratton

01508 505536

Next Steps?

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