5 Bed Detached House, Single Let, Norwich, NR4 7JZ, £550,000

Poppy Close, Cringleford, NR4 7JZ - 5 months ago

Sold STC
BTL
~234 m²
+17 photos

ValuationUndervalued

Sold Prices£245K - £2.0M
Sold Prices/m²£2.6K/m² - £7K/m²

 

 

Square Metres

~234 m²
Price/m²£2.4K/m²

Value Estimate

£687,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Total Cash In

£181,200

 

 

Cash Out

 

Rent Range

£800 - £2,595

Rent Estimate

£1,099

Running Costs/mo

£1,959

Cashflow/mo

£-860

Cashflow/yr

£-10,315

Gross Yield

2%

Local Sold Prices

50 sold prices from £245K to £2.0M, average is £583K. £2.6K/m² to £7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£470K03/210.03 mi5, Fern Drive, Cringleford, Norwich, Norfolk NR4 7JT5
£685K04/210.25 mi17, Cantley Lane, Norwich, Norfolk NR4 6TA5
£950K02/210.38 mi13, Colney Lane, Cringleford, Norwich, Norfolk NR4 7RE5
£605K11/220.38 mi6, St Peters Close, Norwich, Norfolk NR4 6UL5
£580K11/220.39 mi10, Patteson Close, Norwich, Norfolk NR4 6XX5
£555K03/210.44 mi6, Woodgate, Norwich, Norfolk NR4 6XT5
£550K05/210.47 mi24, Armitage Close, Norwich, Norfolk NR4 6XZ5
£595K01/210.62 mi4, Keswick Close, Norwich, Norfolk NR4 6UW5
£540K09/210.65 mi6, Tungate Crescent, Norwich, Norfolk NR4 6UZ5
£880K12/220.87 mi15, Poplar Avenue, Norwich, Norfolk NR4 7LB5
£370K02/230.96 mi37, Leng Crescent, Norwich, Norfolk NR4 7NY5
£1.1M06/210.97 mi83, Church Lane, Eaton, Norwich, Norfolk NR4 6NY5
£695K11/231.07 mi470, Unthank Road, Norwich, Norfolk NR4 7QJ5
£1.1M08/241.14 mi187, Newmarket Road, Norwich, Norfolk NR4 6AP5
£955K12/201.26 mi1, Judges Drive, Norwich, Norfolk NR4 7QQ5
£825K08/231.28 mi426, Unthank Road, Norwich, Norfolk NR4 7QH5
£740K03/231.39 mi17, Judges Walk, Norwich, Norfolk NR4 7QF5
£350K06/211.43 mi42, Sotherton Road, Norwich, Norfolk NR4 7DB5
£246K06/211.46 mi158, Northfields, Norwich, Norfolk NR4 7EX5
£245K11/231.46 mi186, Northfields, Norwich, Norfolk NR4 7EX5
£985K02/231.48 mi381, Unthank Road, Norwich, Norfolk NR4 7QG5
£420K07/211.6 mi5, Salter Avenue, Norwich, Norfolk NR4 7LX5
£335K10/201.6 mi6, Salter Avenue, Norwich, Norfolk NR4 7LX5
£1.1M10/221.63 mi54, Branksome Road, Norwich, Norfolk NR4 6SW5
£350K12/201.64 mi12, Jasmine Close, Norwich, Norfolk NR4 7NE5
£420K10/201.67 mi35, Primula Drive, Norwich, Norfolk NR4 7LZ5
£585K04/211.71 mi30, Constable Road, Norwich, Norfolk NR4 6RW5
£580K10/201.71 mi530, Earlham Road, Norwich, Norfolk NR4 7TF5
£400K07/231.72 miColneyedge, 121, School Lane, Little Melton, Norwich, Norfolk NR9 3LA5
£630K10/231.72 mi109, School Lane, Little Melton, Norwich, Norfolk NR9 3LA5
£330K01/231.72 mi7, Mardle Street, Norwich, Norfolk NR5 9HU5
£580K12/221.75 mi18, Jessopp Road, Norwich, Norfolk NR2 3QA5
£672K05/241.76 mi40, Mile End Road, Norwich, Norfolk NR4 7QX5
£1.0M03/231.76 mi19, Mile End Road, Norwich, Norfolk NR4 7QX5
£1.4M05/211.78 mi111, Newmarket Road, Norwich, Norfolk NR2 2HT5
£715K03/231.8 mi36, Mile End Road, Norwich, Norfolk NR4 7QY5
£555K11/211.8 mi20, Mile End Road, Norwich, Norfolk NR4 7QY5
£532K03/211.8 mi14, Mile End Road, Norwich, Norfolk NR4 7QY5
£450K03/211.82 mi8, Grenville Close, Hethersett, Norwich, Norfolk NR9 3AG5
£785K06/211.82 mi4, Statham Close, Norwich, Norfolk NR4 6PT5
£580.5K03/231.85 mi501, Earlham Road, Norwich, Norfolk NR4 7HN5
£445K08/241.86 mi19, Lyhart Road, Norwich, Norfolk NR4 6RF5
£581K02/231.89 miChestnut House, The Common, Swardeston, Norwich, Norfolk NR14 8EB5
£725K08/221.91 mi88, Christchurch Road, Norwich, Norfolk NR2 3NG5
£950K03/211.92 mi17, Eaton Road, Norwich, Norfolk NR4 6PR5
£2.0M05/221.92 mi20, Christchurch Road, Norwich, Norfolk NR2 2AE5
£677.3K06/211.94 mi119, Christchurch Road, Norwich, Norfolk NR2 3PG5
£790K05/231.94 mi117, Christchurch Road, Norwich, Norfolk NR2 3PG5
£430K03/241.94 mi450, Earlham Road, Norwich, Norfolk NR4 7HL5
£467K12/231.94 mi452, Earlham Road, Norwich, Norfolk NR4 7HL5

Local Rents

51 rents from £800/mo to £2.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,85012/240.01 miPoppy Close, Cringleford5
£1,70006/240.03 miFern Drive, Cringleford5
£1,10006/240.08 miLobelia Lane, Cringleford3
£1,90012/240.08 miLobelia Lane, Norwich6
£1,29506/240.09 miDragonfly Lane, Cringleford, Norwich, NR43
£2,00006/240.11 miNightingale Drive, Round House Park5
£1,35012/240.12 miCringleford3
£1,35006/240.12 miWillowcroft Way, Norwich3
£1,55012/240.12 miWillowcroft Way, Cringleford, Norwich4
£1,40006/240.13 miWoodpecker Lane, Cringleford, Norwich3
£1,75006/240.15 miViola Close, Cringleford5
£1,80012/240.15 mi-4
£2,00012/240.15 mi-4
£1,55006/240.15 miWillowcroft Way, Cringleford, Norwich4
£1,50012/240.16 miWillowcroft Way, Cringleford3
£1,50002/250.19 mi-3
£1,82003/250.19 mi-4
£1,40012/240.19 mi-3
£1,30006/240.21 miPeregrine Mews, NR4 7NB3
£1,35006/240.21 miPeregrine Mews, Cringleford3
£1,40006/240.21 miFreesia Way, Cringleford, NORWICH3
£1,85006/240.24 miFreesia Way, Cringleford, Norwich5
£1,50006/240.24 miRose Drive, Norwich, NR43
£1,50006/240.24 mi-3
£1,50006/240.24 mi-3
£1,40012/240.26 mi-3
£1,50012/240.27 miAlmond Drive, Cringleford4
£1,55006/240.27 miRose Drive, Cringleford, NORWICH3
£1,55006/240.27 miRose Drive, Norwich, Norfolk, NR43
£2,59506/240.28 mi-3
£2,59505/240.28 mi-3
£2,59512/240.28 mi-3
£1,97503/250.28 mi-3
£1,40012/240.28 miDragonfly Lane, Cringleford3
£1,95004/250.29 mi-4
£1,19902/250.29 mi-3
£1,65006/240.3 miAlmond Drive, Cringleford, Norwich, NR44
£1,70012/240.31 miBrettingham Avenue, Norwich3
£1,99512/240.31 miCringleford, Norwich3
£1,90012/240.39 miKedleston Drive, Cringleford, Norwich, Norfolk4
£1,30006/240.45 miSidell Close, Cringleford, Norwich, Norfolk, NR43
£1,50012/240.52 mi-3
£2,19912/240.52 miLamb Lane, Norwich, NR44
£1,99912/240.52 mi-4
£1,09512/240.55 miIntwood Road, Cringleford, Norwich, NR43
£1,47512/240.57 mi-3
£1,55012/240.57 mi-3
£1,45012/240.59 miHaldane Drive, NR4 7FY3
£2,40012/240.59 miThe Loke, Cringleford, NORWICH4
£80002/240.6 mi-3
£1,45012/240.61 miScott-Moncrief Street, Cringleford3

Local Area Statistics

Population in NR4

22,331

Population in Norwich

366,887

Town centre distance

3.43 miles away

Nearest school

0.20 miles away

Nearest train station

3.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £550,000

October 21, 2024

Floor Plans

Description

  • Guide Price £550,000 - £575,000 +
  • Substantial detached property situated in the popular and convenient location of Cringleford +
  • Offering immaculately presented accommodation spanning 3 floors, creating an ideal family home +
  • 18’8 open plan kitchen/diner featuring garden access, 11’1 snug area and a separate utility +
  • 22’8 dual aspect lounge enjoying a fireplace and doors to the garden - ideal for entertaining! +
  • 5 good-sized bedrooms over 2 floors including an enviable top floor main bedroom suite +
  • Ground floor WC, first floor family bathroom and 3 en-suites over the top 2 floors +
  • Gas central heating with an updated boiler, plus double glazing throughout +
  • Off-road parking, double tandem garage and south-west facing rear garden with lawn and patio +
  • Situated close to the NNUH, UEA, city centre, numerous amenities and road links +

SUMMARY This substantial 5 bedroom detached property, set over 3 floors, is perfect for family living. Immaculately presented, the property features a spacious kitchen/diner enjoying an adjacent snug area, leading through to the dual aspect lounge, whilst outside benefits from a tandem double garage, off-road parking and a south-west facing garden. Conveniently located near the UEA, NNUH and city centre, this home offers excellent access to amenities - do not miss out! 

OUTSIDE The property is accessed via a private shared driveway within a cul de sac, offering convenience. Parking is available to the front of the house and to the left-hand side, leading to the tandem double garage, featuring an electric up and over door, along with a personal door providing direct access to the rear garden. The approx. 35' max. south-west facing rear garden features a patio area perfect for outdoor seating, leading onto a lawn, bordered by mature shrubs and plants. Situated in Cringleford, the property enjoys excellent access to the nearby Norfolk and Norwich University Hospital, the UEA and Norwich city centre, while benefitting from convenient road links to the A11 and A47.  

DIRECTIONS From Thickthorn roundabout, head towards Norwich on the A11 Newmarket Road, taking the first exit onto Round House Way. Turn right at the next roundabout onto Dragonfly Lane, turn right onto Jasmine Walk, then right onto Poppy Close, where the property can be found on the right-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?

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