3 Bed Detached House, Single Let, Norwich, NR7 8DB, £290,000

St. Margarets Drive, Norwich, NR7 8DB - 2 views - 5 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£170K - £25.5M
Sold Prices/m²£2K/m² - £307.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£305,753
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£85,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£1,100

Running Costs/mo

£1,146

Cashflow/mo

£-46

Cashflow/yr

£-555

Gross Yield

5%

Local Sold Prices

50 sold prices from £170K to £25.5M, average is £265K. £2K/m² to £307.2K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£350K08/230 mi63, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£260K08/230 mi96, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£250K12/200.06 mi21, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£360K09/210.06 mi37, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£285K07/230.08 mi54, St Margarets Drive, Norwich, Norfolk NR7 8DA3
£300K07/210.1 mi6, Chenery Drive, Norwich, Norfolk NR7 8RR3
£270K11/200.1 mi15, Church Green, Norwich, Norfolk NR7 8BA3
£280K11/220.11 mi125, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3
£265K11/230.11 mi101, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3
£270K11/200.11 mi70, St Marys Grove, Norwich, Norfolk NR7 8DL3
£223K12/230.18 mi10, Blenheim Road, Norwich, Norfolk NR7 8AH3
£182K12/200.2 mi32, Church View Close, Norwich, Norfolk NR7 8QA3
£208K02/210.21 mi12, Church View Close, Norwich, Norfolk NR7 8QA3
£262K10/220.21 mi40, Church View Close, Norwich, Norfolk NR7 8QA3
£213K06/230.21 mi9, Church View Close, Norwich, Norfolk NR7 8QA3
£175.5K11/230.21 mi1, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.21 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.21 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£325K04/210.24 mi60, Blenheim Road, Norwich, Norfolk NR7 8AJ3
£292K06/210.26 mi21, Parana Road, Norwich, Norfolk NR7 8BJ3
£170K11/200.26 mi34, Stonehouse Road, Norwich, Norfolk NR7 8AR3
£295K08/230.27 mi9, Sparhawk Close, Norwich, Norfolk NR7 8BT3
£260K11/230.28 mi72, Blenheim Road, Norwich, Norfolk NR7 8AL3
£310K01/210.3 mi43, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£265K03/210.3 mi53, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£290K09/230.31 mi93, Cozens Hardy Road, Norwich, Norfolk NR7 8QQ3
£370K01/210.34 mi148, Wroxham Road, Norwich, Norfolk NR7 8EZ3
£281.5K05/230.35 mi105, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RQ3
£173K12/200.36 mi67, Stonehouse Road, Norwich, Norfolk NR7 8AS3
£220K11/210.36 mi62, Blue Boar Lane, Norwich, Norfolk NR7 8RT3
£237K10/200.37 mi4, Trendall Road, Norwich, Norfolk NR7 8BL3
£220K05/210.37 mi25, Trendall Road, Norwich, Norfolk NR7 8BL3
£280K06/230.38 mi15, Martin Close, Norwich, Norfolk NR7 8PA3
£372.5K02/240.38 mi36, Martin Close, Norwich, Norfolk NR7 8PA3
£252.5K06/210.39 mi42, Foxburrow Road, Norwich, Norfolk NR7 8QX3
£25.5M11/210.4 mi23, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£275K01/230.4 mi25, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£225K01/240.4 mi10, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£320K02/240.42 mi33, Cozens Hardy Road, Norwich, Norfolk NR7 8QF3
£317K06/230.42 mi16, Rushmore Road, Norwich, Norfolk NR7 8QR3
£360.5K09/230.42 mi8, Rushmore Road, Norwich, Norfolk NR7 8QR3
£245K02/210.43 mi7, Inman Road, Norwich, Norfolk NR7 8JT3
£216K03/210.43 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£216K03/210.43 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£260K02/240.43 mi16, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£265K05/240.44 mi35, Tiercel Avenue, Norwich, Norfolk NR7 8JN3
£248K04/210.47 mi18, Varvel Avenue, Norwich, Norfolk NR7 8JH3
£248K04/210.47 mi18, Varvel Avenue, Norwich, Norfolk NR7 8JH3
£310K08/210.47 mi1, Adams Road, Norwich, Norfolk NR7 8QT3
£285K11/230.5 mi102, Cere Road, Norwich, Norfolk NR7 8LF3

Local Rents

22 rents from £1.1K/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10006/240.2 miCranes Croft Road3
£1,40012/240.22 mi-3
£1,05012/240.43 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,25006/240.57 miLarch Close, Sprowston, Norwich, Norfolk, NR73
£1,15012/240.58 miCere Road, Norwich3
£1,25012/240.65 miCannerby Lane, NORWICH3
£1,35002/250.67 mi-3
£1,30012/240.71 miNorth Walsham Road, Norwich3
£1,29512/240.75 miCannerby Lane, Norwich, Norfolk, NR73
£1,19002/250.87 mi-3
£1,40006/240.93 miRandall Road, Sprowston, NR73
£1,40006/240.97 miThree Corner Drive, Norwich3
£1,75012/240.98 mi-3
£1,05003/250.98 mi-3
£1,05006/240.99 miSpixworth Road, Old Catton, Norwich, NR63
£1,10012/241.03 miSale Road, Norwich3
£1,20002/251.05 mi-3
£1,20008/241.11 mi-3
£1,20007/241.11 miShipfield, Norwich, NR33
£1,20012/241.22 miPriors Drive, Norwich3
£1,40008/241.22 miSycamore Avenue, Rackheath, NR133
£1,30012/241.23 mi-3

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.12 miles away

Nearest school

0.30 miles away

Nearest train station

2.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £290,000

March 4, 2025

Listed for £300,000

November 6, 2024

Sold for £162,000

2013

Sold for £159,000

2010

Sold for £75,995

2000

Sold for £54,500

1996

Floor Plans

Description

  • Popular location +
  • Fully enclosed rear garden +
  • Well equipped kitchen +
  • Off-road parking +
  • Great family home +

SUMMARY
THIS IMMACULATELY PRESENTED THREE BEDROOM DETACHED FAMILY HOME occupying a sought after plot within a popular location of Sprowston. To the rear of the property is a well presented fully enclosed garden which is approximately south facing. Viewings are highly recommended!!

DESCRIPTION
William H Brown Norwich are thrilled to present to the market THIS IMMACULATELY PRESENTED THREE BEDROOM DETACHED FAMILY HOME occupying a sought after plot within a popular location of Sprowston. Externally the property offers off road parking to the front by way of a shingled driveway which also provides access to the garage. To the rear of the property is a well presented fully enclosed garden which is approximately south facing. Internally the property comprises of a hall entrance, open plan lounge/ diner and well equipped kitchen to the ground floor, with three well sized bedrooms and a family bathroom to the first floor.

All interested parties are requested to contact the office at their earliest convenience to secure a viewing!!

Entrance Hall 
Stairs to front, window to side, carpeted floor and radiator.

Lounge Diner 21' 10" max. x 17' 7" max ( 6.65m max. x 5.36m max )
Windows to rear & side, understairs cupboard, carpeted floor and radiators.

Kitchen 9' 11" x 6' 9" ( 3.02m x 2.06m )
Window to rear, wall & base units, work surfaces, cooker head, central heating boiler, gas hob, electric oven, plumbing for washing machine, central heating boiler and door to side.

First Floor Landing 
Carpeted floor and airing cupboard.

Bedroom One 14' 10" x 9' 1" ( 4.52m x 2.77m )
Window to rear, carpeted floor and radiator.

Bedroom Two 10' 3" x 7' 9" ( 3.12m x 2.36m )
Window to front, radiator, carpeted floor and built in wardrobe.

Bedroom Three 8' 10" x 8' 4" ( 2.69m x 2.54m )
Window to rear, carpeted floor, radiator and built in wardrobe.

Bathroom 
Bath with shower over, wash hand basin, wc, heated towel rail, laminate flooring, tiled walls and window to side.

Garage 15' 11" 7 x 10' ( 4.85m 7 x 3.05m )
Up & over door, power, light and electric.

Exterior 
To the front, there is a dropped kerb giving access to shingled driveway.

To the rear, there is a fully enclosed garden mainly laid to lawn.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Norwich

01603 361933

Next Steps?

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