2 Bed Bungalow, Single Let, Norwich, NR15 2TU, £220,000

Rectory Close, Long Stratton, NR15 2TU - 4 months ago

Sold STC
BTL
~73 m²
+6 photos

ValuationUndervalued

Sold Prices£148.5K - £300K
Sold Prices/m²£2.3K/m² - £4.3K/m²

 

 

Square Metres

~73.35 m²
Price/m²£3K/m²

Value Estimate

£246,448
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£688

Running Costs/mo

£845

Cashflow/mo

£-157

Cashflow/yr

£-1,885

Gross Yield

4%

Local Sold Prices

49 sold prices from £148.5K to £300K, average is £195K. £2.3K/m² to £4.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£208K11/200 mi20, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU2
£210K06/210.07 mi16, Owens Close, Long Stratton, Norwich, Norfolk NR15 2TX2
£177.5K05/210.08 mi17, Glebe Close, Long Stratton, Norwich, Norfolk NR15 2TZ2
£188K06/210.1 mi2, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£194.6K10/200.1 mi12, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£240K09/230.1 mi40, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£249K04/230.16 mi30, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR2
£227K08/230.16 mi12, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR2
£205K05/230.16 mi4, Snape Hall Road, Long Stratton, Norwich, Norfolk NR15 2XX2
£233.5K11/220.19 miLynn Cottage, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF2
£300K08/230.2 mi4, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF2
£210.9K02/230.24 mi13, Sweet Briar Road, Long Stratton, Norwich, Norfolk NR15 2PU2
£215K03/220.26 mi45, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£235K03/230.26 mi37, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£212K10/220.26 mi1b, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£190K11/220.27 mi12, St Leger, Long Stratton, Norwich, Norfolk NR15 2SY2
£210K11/220.27 mi18, St Leger, Long Stratton, Norwich, Norfolk NR15 2SY2
£195K04/220.28 mi10, Spinney Close, Long Stratton, Norwich, Norfolk NR15 2SX2
£182.5K09/230.28 mi5, John Hill Close, Long Stratton, Norwich, Norfolk NR15 2PT2
£186.5K02/240.37 mi59, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£186.5K02/240.37 mi59, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£187K12/230.37 mi56, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£180K11/210.37 mi67, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£195K11/220.37 mi69, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£170K09/230.41 mi40, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN2
£179K05/210.42 mi2, Merryweather Close, Long Stratton, Norwich, Norfolk NR15 2YZ2
£185K12/220.45 mi4, St Davids Close, Long Stratton, Norwich, Norfolk NR15 2PP2
£170K11/210.45 mi3, St Nicholas Close, Long Stratton, Norwich, Norfolk NR15 2JQ2
£189K07/230.45 mi15, St Nicholas Close, Long Stratton, Norwich, Norfolk NR15 2JQ2
£205K08/230.45 mi5, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY2
£205K12/210.46 mi10, St Davids Close, Long Stratton, Norwich, Norfolk NR15 2PP2
£160K05/240.48 miCherry Tree Cottage, The Street, Long Stratton, Norwich, Norfolk NR15 2AH2
£200K09/210.51 mi93, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£166K10/220.51 mi100, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£227K10/220.51 mi67, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£220K09/230.51 mi94, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£190K05/210.51 mi75, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£182K03/210.51 mi90, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£170K04/210.51 mi88, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£148.5K02/210.51 mi148, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£196K06/210.56 mi106, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£185K02/210.57 mi60, Hill Farm Road, Long Stratton, Norwich, Norfolk NR15 2WA2
£185K02/210.57 mi60, Hill Farm Road, Long Stratton, Norwich, Norfolk NR15 2WA2
£250K10/220.67 mi41, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£175K02/210.67 mi4, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£210K05/230.67 mi9, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£215K01/240.67 mi22, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£190K02/210.7 mi5, Poplar Close, Long Stratton, Norwich, Norfolk NR15 2WX2
£220K08/230.7 mi18, Poplar Close, Long Stratton, Norwich, Norfolk NR15 2WX2

Local Rents

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

RentDateDistanceAddressBeds 
£89507/240.16 miManor Park Gardens, Long Stratton, NR152
£67503/240.17 miThe Street, NR151
£97510/230.41 mi-3
£72503/240.41 miThe Street, NR151
£86507/240.44 mi-2
£86507/240.44 miThe Street, Long Stratton, Norwich, NR152
£70008/240.48 miThe Street, NR152
£1,15007/240.48 miJermyn Way, Tharston3
£1,25006/240.5 miJermyn Way3
£69512/240.5 mi-1
£89508/240.51 miSt. Michaels Road, NR152
£80008/240.51 miSt Michaels Road, Long Stratton, NR152
£85002/250.6 mi-2
£1,65006/240.61 miHolmes Close4
£1,65008/240.61 miHolmes Close4
£97506/240.63 miNorwich Road, NR153
£1,55008/240.64 miChurchfields Road4
£69506/240.64 miChurchfields Road,Long Stratton,NR151
£2,00006/240.85 miWood Green, NR155
£1,50006/241.72 miShelton Spot, Shelton, Norwich, Norfolk, NR154

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

11.10 miles away

Nearest school

0.40 miles away

Nearest train station

7.05 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £220,000

February 20, 2025

Listed for £230,000

November 22, 2024

Floor Plans

Description

  • GUIDE PRICE £220,000-£230,000 +
  • Corner plot position +
  • No onward chain +
  • Walking distance to amenities +
  • Conservatory +
  • Single garage +
  • Freehold +
  • EPC Rating D - Council Tax Band B +
  • Electric heating +
  • Mains drainage +

The property comprises a two bedroom semi-detached bungalow built of traditional brick and block cavity wall construction under an interlocking tiled roof with the benefit of upvc double glazed windows and doors, whilst being heated by electric storage heaters.  Offering bright and spacious accommodation consisting of an entrance porch, lounge/diner, kitchen and an inner hall leading to two bedrooms, bathroom with conservatory to rear totalling in the regions of 790 sq ft.

Found upon a corner plot and approached via a hardstanding driveway giving off-road parking for multiple vehicles leading to the single garage (having electric roller door).  The main gardens are found to the rear of the property with patio area giving space for alfresco dining, a range of trees and plants providing colour during the summer months and summerhouse to side, all being enclosed by panel fencing.

Conveniently positioned close to the local schools and public transport, Rectory Close is found within walking distance of the centre of the town. Day to day amenities include doctors surgery, dentists, veterinary surgery, cafes and restaurants, library, supermarket and shops. This attractive village is situated within the beautiful countryside of mid-Norfolk lying ten miles to the south of Norwich and some twelve miles to the north of Diss further having the benefit of a mainline railway station with services to London Liverpool Street. ENTRANCE PORCH: Providing space for shoes and coats, internal door to lounge/diner and external door leading to rear garden. LOUNGE/DINER: - 6.17m x 5.18m (20'3" x 17'0") Dual aspect to front and side being a bright and spacious room having fireplace with inset electric fire to side.  Access to kitchen and inner hall. KITCHEN: - 2.54m x 2.59m (8'4" x 8'6") Window to front, the kitchen offers a good range of wall and floor unit, work surfaces, electric oven with four ring hob, stainless steel sink with drainer and mixer tap, space and plumbing for white goods, pantry cupboard to side. INNER HALL: Giving access to two bedrooms and bathroom.  Airing cupboard to side. BEDROOM ONE: - 3.02m x 3.99m (9'11" x 13'1") Window to rear aspect being a double bedroom. BEDROOM TWO: - 3.05m x 2.24m (10'0" x 7'4") A second double bedroom with double doors leading to the conservatory. BATHROOM: - 2.13m x 1.68m (7'0" x 5'6") Window to side, comprising a large walk-in shower cubicle with electric shower, low level wc and hand wash basin.  Heated towel rail.  Tiled splashbacks. CONSERVATORY: - 5.44m x 2.74m (17'10" x 9'0") Found to the rear of the property being a brick base upvc conservatory extension having views and access onto the rear garden.

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 D
Council Tax Band B
Tenure - freehold

Anti-Money Laundering Fee Statement -  To comply with HMRC's regulations on Anti-Money Laundering (AML), Whittley Parish are legally required to conduct AML checks on every purchaser(s) once a sale is agreed. We use a government-approved electronic identity verification service from Landmark to ensure compliance, accuracy, and security. This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).   The cost of anti-money laundering (AML) checks is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted. This fee to Whittley Parish is mandatory to comply with HMRC regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.

Agent Details

Whittley Parish, Long Stratton

01508 505536

Next Steps?

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