3 Bed Terraced House, Single Let, Norwich, NR8 5FZ, £250,000

Redpoll Road, Queens Hill, NR8 5FZ - 2 views - 5 months ago

BTL
ROI: 3%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£135K - £493.5K
Sold Prices/m²£1.8K/m² - £6.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£240,327

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

£1,100 - £1,450

Rent Estimate

£1,200

Running Costs/mo

£1,041

Cashflow/mo

£159

Cashflow/yr

£1,905

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £135K to £493.5K, average is £241K. £1.8K/m² to £6.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£211.5K04/210.04 mi8, Crossbill Close, Costessey, Norwich, Norfolk NR8 5FY3
£208K10/200.08 mi27, Pochard Street, Costessey, Norwich, Norfolk NR8 5FP3
£275K09/230.08 mi26, Pochard Street, Costessey, Norwich, Norfolk NR8 5FP3
£285K12/220.09 mi4, Heron Road, Costessey, Norwich, Norfolk NR8 5FJ3
£244K08/210.12 mi3, Holly Blue Mews, Costessey, Norwich, Norfolk NR8 5GR3
£280K02/230.12 mi26, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GT3
£260K05/210.13 mi24, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GT3
£265K06/230.14 mi19, Red Admiral Close, Costessey, Norwich, Norfolk NR8 5GU3
£225K04/230.14 mi13, Red Admiral Close, Costessey, Norwich, Norfolk NR8 5GU3
£220K04/210.15 mi21, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GS3
£242K09/230.16 mi5, Woodpecker Way, Costessey, Norwich, Norfolk NR8 5FD3
£212K03/210.16 mi6, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF3
£237.5K05/230.16 mi30, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF3
£233.5K08/210.2 mi28, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET3
£247.5K09/230.26 mi2, Siskin Close, Costessey, Norwich, Norfolk NR8 5BL3
£220K12/200.29 mi19, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ3
£245K04/230.29 mi11, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ3
£220K11/210.32 mi47, Kestrel Avenue, Costessey, Norwich, Norfolk NR8 5FT3
£236K12/220.32 mi48, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£187K02/210.33 mi22, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£224.4K06/230.33 mi22, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£230K01/230.33 mi14, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£220K09/230.33 mi60, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£230K11/220.34 mi34, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH3
£195K07/210.35 mi32, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH3
£135K07/210.36 mi35, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE3
£275K08/230.38 mi36, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£242.5K06/240.38 mi77, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£225K08/240.38 mi27, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£210K03/240.4 mi11, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£223K11/200.4 mi15, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£204K07/210.4 mi6, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£260K06/230.42 mi82, Bahram Road, Costessey, Norwich, Norfolk NR8 5EY3
£224K12/200.43 mi22, Blackhill Wood Lane, Costessey, Norwich, Norfolk NR8 5GG3
£275K04/240.44 mi29, Wilderness Road, Costessey, Norwich, Norfolk NR8 5GJ3
£440K06/230.44 mi177, West End, Costessey, Norwich, Norfolk NR8 5AW3
£431.5K10/230.44 mi170, West End, Costessey, Norwich, Norfolk NR8 5AW3
£493.5K03/230.44 mi197, West End, Costessey, Norwich, Norfolk NR8 5AW3
£275K05/240.44 mi186, West End, Costessey, Norwich, Norfolk NR8 5AW3
£250K12/200.46 mi7, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£315K01/230.46 mi7, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£197K06/210.48 mi3, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£261K08/230.55 mi9, Linalls Drive, Costessey, Norwich, Norfolk NR8 5AS3
£250K11/200.59 mi9, Blyth's Wood Avenue, Costessey, Norwich, Norfolk NR8 5HA3
£234K11/200.59 mi124, West End, Costessey, Norwich, Norfolk NR8 5AN3
£240K02/210.6 mi153, West End, Costessey, Norwich, Norfolk NR8 5AN3
£405K03/210.92 mi232, Taverham Road, Taverham, Norwich, Norfolk NR8 6SX3
£302K05/210.93 mi2, Taverham Chase, Taverham, Norwich, Norfolk NR8 6NZ3
£396K03/230.94 miRoslin, The Street, Taverham, Norwich, Norfolk NR8 6TE3
£352.5K06/210.94 mi8, The Street, Taverham, Norwich, Norfolk NR8 6TD3

Local Rents

10 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.08 miHeron Road, Norwich3
£1,25012/240.1 miPochard Street, Costessey, Norwich3
£1,29512/240.15 mi-3
£1,25006/240.2 miRobin Close, Queens Hill, Costessey, NR83
£1,30006/240.32 miKingfisher Close, NR8 5BF3
£1,10012/240.34 mi-3
£1,25011/240.37 mi-3
£1,29506/240.46 miBreydon Drive, NR83
£1,45002/250.55 mi-3
£1,45012/240.55 miWoodcock Hill, Costessey, Norwich, NR83

Local Area Statistics

Population in NR8

20,321

Population in Norwich

366,887

Town centre distance

4.73 miles away

Nearest school

0.30 miles away

Nearest train station

5.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £250,000

November 6, 2024

Floor Plans

Description

  • Mid Terrace House +
  • Entrance Hall +
  • Cloakroom +
  • Fitted Kitchen +
  • Lounge +
  • Three Bedrooms +
  • Bathroom & En-Suite +
  • Enclosed Garden +
  • Parking +
  • Popular Location +

Property Summary
* Be quick to view this WELL PRESENTED THREE BEDROOM MID TERRACE HOUSE located on the very popular Queens Hill estate. The property has entrance hall, cloakroom, FITTED KITCHEN, lounge, bathroom, en-suite, enclosed garden and TWO PARKING SPACES * Entrance Hall 10'8 x 7'1
Opening to kitchen, doors to lounge and cloakroom, tiled floor, stars to first floor, radiator Cloakroom 5'9 x 3'2
Double glazed window to front, WC, wash basin, tiled floor, heated towel rail Kitchen 10'8 x 8'6
Double glazed window to front, fitted range of wall and base units with work tops over, sink and drainer, fitted fridge/freezer, fitted oven and hob, space for washing machine, tiled floor Lounge 16' x 13'8
Double glazed windows and French doors to rear, bespoke under stairs storage cupboards, laminate flooring, radiator First Floor Landing 11'1 x 6'6
Doors to all rooms, loft access with drop down ladder Bedroom One 12' x 9'3
Double glazed window to rear, radiator, door to en-suite En-Suite 6'6 x 4'6
Shower cubicle, WC, wash basin, radiator Bedroom Two 9'10 x 9'3
Double glazed window to front, laminate flooring, radiator Bedroom Three 6'7 x 6'6
Double glazed window to rear, radiator Bathroom 6'9 x 6'6
Double glazed window to front, panel bath, WC, wash basin, heated towel rail Outside
To the front of the property are two side by side parking spaces

To the rear of the property is an enclosed garden with decking, patio and astro turf areas, shed, outside tap, power and access gate

Agent Details

Russen & Hill Estate Agents, Costessey

01603 361593

Next Steps?

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