3 Bed Terraced House, Single Let, Norwich, NR4 7JS, £315,000

Jasmine Walk, Cringleford, NR4 7JS - 6 months ago

Sold STC
BTL
~93 m²
+11 photos

ValuationFair Value

Sold Prices£200K - £660K
Sold Prices/m²£2.7K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.4K/m²

Value Estimate

£320,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£13,900

Total Cash In

£92,650

 

 

Cash Out

 

Rent Range

£800 - £2,595

Rent Estimate

£1,095

Running Costs/mo

£1,223

Cashflow/mo

£-128

Cashflow/yr

£-1,540

Gross Yield

4%

Local Sold Prices

40 sold prices from £200K to £660K, average is £325K. £2.7K/m² to £5.4K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£263K02/210.06 mi12, Round House Way, Cringleford, Norwich, Norfolk NR4 7LH3
£305K08/230.1 mi52, Dragonfly Lane, Cringleford, Norwich, Norfolk NR4 7JR3
£300K05/240.12 mi24, Oriole Drive, Cringleford, Norwich, Norfolk NR4 7LU3
£365K04/210.15 mi50, Newmarket Road, Cringleford, Norwich, Norfolk NR4 6UF3
£325K12/200.15 mi74, Newmarket Road, Cringleford, Norwich, Norfolk NR4 6UF3
£300K09/230.17 mi7, Peregrine Mews, Cringleford, Norwich, Norfolk NR4 7NB3
£275K08/210.21 mi38, Willowcroft Way, Cringleford, Norwich, Norfolk NR4 7JG3
£263K03/210.27 mi91, Dragonfly Lane, Cringleford, Norwich, Norfolk NR4 7SP3
£335K12/230.28 mi7, Chestnut Place, Cringleford, Norwich, Norfolk NR4 7BD3
£660K12/200.28 mi43, Cantley Lane, Norwich, Norfolk NR4 6TA3
£380K05/210.33 mi3, Langley Close, Norwich, Norfolk NR4 6XW3
£465K11/230.33 mi66, Brettingham Avenue, Norwich, Norfolk NR4 6XJ3
£295K05/210.39 mi5, Honeysuckle Close, Cringleford, Norwich, Norfolk NR4 7SY3
£450K08/210.42 mi17, Kedleston Drive, Norwich, Norfolk NR4 6XN3
£450K09/210.45 mi7, Harmer Lane, Norwich, Norfolk NR4 7RT3
£390K10/230.49 mi3, Harmer Crescent, Norwich, Norfolk NR4 7RX3
£575K04/210.51 mi16, Newmarket Road, Cringleford, Norwich, Norfolk NR4 6UE3
£500K01/230.6 mi45, Intwood Road, Cringleford, Norwich, Norfolk NR4 6XD3
£252.5K11/230.6 mi17, Intwood Road, Cringleford, Norwich, Norfolk NR4 6XD3
£395K10/200.66 mi16, Keswick Close, Norwich, Norfolk NR4 6UW3
£445K06/210.84 mi6, Bluebell Road, Norwich, Norfolk NR4 7LF3
£262K06/210.88 mi9, Havant Close, Norwich, Norfolk NR4 6NP3
£350K11/200.91 mi13, Leng Crescent, Norwich, Norfolk NR4 7NX3
£315K11/210.92 mi11, Norvic Drive, Norwich, Norfolk NR4 7NN3
£264.5K03/240.92 mi22, Norvic Drive, Norwich, Norfolk NR4 7NN3
£330K11/230.92 mi46, Norvic Drive, Norwich, Norfolk NR4 7NN3
£325K02/230.92 mi36, Norvic Drive, Norwich, Norfolk NR4 7NN3
£300K11/230.92 mi9, Norvic Drive, Norwich, Norfolk NR4 7NN3
£300K09/230.92 mi35, Norvic Drive, Norwich, Norfolk NR4 7NN3
£327K09/220.92 mi13, Norvic Drive, Norwich, Norfolk NR4 7NN3
£345K05/230.92 mi45, Norvic Drive, Norwich, Norfolk NR4 7NN3
£300K12/220.94 mi1, Wren Close, Norwich, Norfolk NR4 7NR3
£200K07/210.96 mi18, Rugge Drive, Norwich, Norfolk NR4 7NJ3
£246.8K05/240.97 mi43, Rugge Drive, Norwich, Norfolk NR4 7NP3
£315K08/210.97 mi24, Leng Crescent, Norwich, Norfolk NR4 7NY3
£270K06/210.97 mi1, Osborne Road, Norwich, Norfolk NR4 7BN3
£425K10/230.98 mi9, Nutfield Close, Norwich, Norfolk NR4 6PF3
£363K10/231 mi48, Leng Crescent, Norwich, Norfolk NR4 7NY3
£375K11/221 mi27, Leng Crescent, Norwich, Norfolk NR4 7NY3
£220K11/211 mi82, Leng Crescent, Norwich, Norfolk NR4 7NZ3

Local Rents

35 rents from £800/mo to £2.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35012/240.09 miCringleford3
£1,29506/240.1 miDragonfly Lane, Cringleford, Norwich, NR43
£1,40006/240.12 miWoodpecker Lane, Cringleford, Norwich3
£1,10006/240.13 miLobelia Lane, Cringleford3
£1,35006/240.17 miWillowcroft Way, Norwich3
£1,30006/240.17 miPeregrine Mews, NR4 7NB3
£1,35006/240.17 miPeregrine Mews, Cringleford3
£1,50002/250.18 mi-3
£1,40012/240.18 mi-3
£1,50012/240.21 miWillowcroft Way, Cringleford3
£1,50006/240.21 miRose Drive, Norwich, NR43
£1,50006/240.21 mi-3
£1,50006/240.21 mi-3
£1,55006/240.24 miRose Drive, Norwich, Norfolk, NR43
£1,55006/240.24 miRose Drive, Cringleford, NORWICH3
£1,40012/240.26 mi-3
£1,40006/240.26 miFreesia Way, Cringleford, NORWICH3
£1,19902/250.27 mi-3
£1,40012/240.27 miDragonfly Lane, Cringleford3
£2,59506/240.28 mi-3
£2,59505/240.28 mi-3
£2,59512/240.28 mi-3
£1,97503/250.28 mi-3
£1,70012/240.32 miBrettingham Avenue, Norwich3
£1,99512/240.34 miCringleford, Norwich3
£1,30006/240.47 miSidell Close, Cringleford, Norwich, Norfolk, NR43
£1,50012/240.49 mi-3
£80002/240.55 mi-3
£1,45012/240.58 miHaldane Drive, NR4 7FY3
£1,45012/240.59 miScott-Moncrief Street, Cringleford3
£1,09512/240.6 miIntwood Road, Cringleford, Norwich, NR43
£1,55012/240.62 mi-3
£1,47512/240.62 mi-3
£1,45006/240.62 mi-3
£1,45006/240.62 miHaldane Drive, Norwich, NR43

Local Area Statistics

Population in NR4

22,331

Population in Norwich

366,887

Town centre distance

3.46 miles away

Nearest school

0.20 miles away

Nearest train station

3.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £315,000

October 8, 2024

Floor Plans

Description

  • Viewing advised! +
  • Modern townhouse situated on a popular development, boasting well-presented accommodation +
  • 3 double bedrooms over the top 2 floors, all with built-in storage and 2 with en-suite shower rooms +
  • Contemporary kitchen with integrated appliances and adjacent dining room enjoying garden access +
  • 12’10 first floor lounge with a Juliet balcony +
  • Ground floor WC, first floor family bathroom and 2 top floor en-suite shower rooms +
  • Gas central heating and double glazing +
  • Off-road parking and garage with power and light, within a communal residents parking area +
  • Low maintenance, split-level rear garden - perfect for entertaining! +
  • Within easy reach of major road links, Norwich city centre, UEA and the NNUH +

SUMMARY Situated in the desirable Cringleford area, this well-presented townhouse offers versatile family living across 3 storeys. The property enjoys a modern kitchen with an adjacent dining room and a first floor lounge, whilst outside provides a low maintenance rear garden, off-road parking and a garage. Ideally located within easy access to major road links, the city centre and the NNUH - this is an ideal family home! 

OUTSIDE At the rear, the property boasts a garden with a modern, low-maintenance design, arranged over 3 levels with artificial grass and a patio area, making it ideal for outdoor entertaining and relaxation. The garage, located at the back of the property within a shared communal parking area, is a brick-built structure with lighting and power, making it suitable for secure storage or parking, plus there is also off-road parking in front of the garage. This low maintenance, rear garden and parking arrangements make this property an attractive choice for families or professionals looking for a balance of indoor and outdoor living space. The property is ideally located within easy reach of the A11 and A47, making it perfect for commuters. Its also close to the Norfolk and Norwich University Hospital, local schools and amenities, providing everything needed for modern family life.  

DIRECTIONS Enter the development via Round House Way from the Newmarket Road/A11 roundabout. At the next roundabout take the second exit onto Dragonfly Lane and take the first right onto Jasmine Walk, where the property can then be found on the left-hand side. 

LOCAL AUTHORITY South Norfolk 

COUNCIL TAX BAND

We offer a professional, ARLA accredited Lettings and Management Service via our affiliated agency, Habi Lettings. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free, no obligation review of your current portfolio then please contact the office to discuss this further. 

DISCLAIMER While we have made diligent efforts to ensure the accuracy of the information relating to each property at the point of listing, you are advised to consult the official local council website for details on conservation areas, flood risks, tree preservation orders, planning applications, and other relevant aspects. These details are for guidance purposes only and we do not seek advice from the seller's legal representative in their preparation. We also strongly advise that you inspect the property and surrounding area on Google Maps and Street View prior to viewing. The photographs do not infer that items shown are included in the sale, the measurements quoted are approximate and the fixtures, fittings and appliances have not been tested, therefore no guarantee can be given that they are in working order. If there is any point which is of particular importance to you then please obtain professional confirmation of it. 

Should you wish to view one of our properties, we will require certain pieces of personal information from you in order to provide a professional service to you and our client, the seller. The personal information you provide to us will be shared with the seller, but it will not be shared with any other third parties without your consent.

Should you wish to proceed and make an offer on a property, some of the personal information you provide to us will be passed to the seller. Again, it will not be shared with any other third parties without your consent.

More information on how we hold and process your data is available upon request or on our website.

Agent Details

Hammond & Stratford, Norwich

01603 361699

Next Steps?

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