2 Bed Bungalow, Single Let, Norwich, NR10 3PD, £240,000

Crostwick Lane, Spixworth, Norfolk , NR10 3PD - 4 months ago

Sold STC
BTL
~52 m²
+10 photos

ValuationOvervalued

Sold Prices£164K - £345K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~51.75 m²
Price/m²£4.6K/m²

Value Estimate

£184,821

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£695 - £3,750

Rent Estimate

£873

Running Costs/mo

£945

Cashflow/mo

£-72

Cashflow/yr

£-859

Gross Yield

4%

Local Sold Prices

22 sold prices from £164K to £345K, average is £230K. £1.9K/m² to £4.9K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£255K07/230.07 mi1, Sydney Road, Spixworth, Norwich, Norfolk NR10 3PG2
£265K05/210.13 mi25, Lilian Road, Spixworth, Norwich, Norfolk NR10 3PZ2
£345K03/230.13 mi31a, Julian Road, Spixworth, Norwich, Norfolk NR10 3QA2
£250K11/230.13 mi10, Elvina Road, Spixworth, Norwich, Norfolk NR10 3PF2
£270K01/230.23 mi14, Marshall Close, Spixworth, Norwich, Norfolk NR10 3NX2
£225K06/230.23 mi8, Marshall Close, Spixworth, Norwich, Norfolk NR10 3NX2
£165K01/240.24 mi158, Park Road, Spixworth, Norwich, Norfolk NR10 3NP2
£201.5K11/210.26 mi1, Giles Road, Spixworth, Norwich, Norfolk NR10 3QS2
£210.5K05/230.26 mi21, Fieldfare Close, Spixworth, Norwich, Norfolk NR10 3RA2
£209K02/210.28 mi12, Godfrey Road, Spixworth, Norwich, Norfolk NR10 3NH2
£250K12/220.28 mi24, Douglas Road, Spixworth, Norwich, Norfolk NR10 3QT2
£198K11/200.28 mi90, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QY2
£208.6K08/210.28 mi22, Douglas Road, Spixworth, Norwich, Norfolk NR10 3QT2
£250K12/220.3 mi211, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ2
£235K02/230.3 mi227, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ2
£220K10/230.33 mi16, Redwing Gardens, Spixworth, Norwich, Norfolk NR10 3RG2
£240K07/240.33 mi3, Redwing Gardens, Spixworth, Norwich, Norfolk NR10 3RG2
£240K01/230.33 mi6, Redwing Gardens, Spixworth, Norwich, Norfolk NR10 3RG2
£164K01/210.34 mi15, Redwing Gardens, Spixworth, Norwich, Norfolk NR10 3RG2
£220K03/240.36 mi29, Brambles Close, Spixworth, Norwich, Norfolk NR10 3QP2
£210K11/230.36 mi17, Brambles Close, Spixworth, Norwich, Norfolk NR10 3QP2
£280K10/210.36 mi65, Godfrey Road, Spixworth, Norwich, Norfolk NR10 3NJ2

Local Rents

50 rents from £695/mo to £3.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,78010/240.04 mi-4
£1,30004/250.17 mi-3
£1,75006/240.2 miRussell Avenue, Spixworth, Norwich4
£1,19501/240.25 mi-4
£95003/240.29 miSpixworth, NR102
£3,75006/240.5 miNorth Walsham Road, Crostwick4
£3,75006/240.5 miNorth Walsham Road, Norwich, Norfolk, NR124
£89506/241.42 miSt Faiths Lane, Old Catton, NR62
£1,30002/251.44 mi-4
£2,00012/241.46 miWindsor Park Gardens, Norwich5
£3,19506/241.52 miSt. Faiths Road, Norwich, Norfolk, NR65
£2,10006/241.53 miMill Road, Frettenham, NORWICH6
£1,40006/241.55 miThree Corner Drive, Norwich3
£1,30004/251.58 mi-3
£85012/241.59 mi-2
£95006/241.6 mi-2
£2,75009/241.6 mi-6
£76012/241.61 mi-1
£1,05003/241.65 miCatton, North Of The City2
£1,05012/241.67 miWilks Farm Drive, Sprowston, Norwich, NR73
£89506/241.68 miWilks Farm Drive, Sprowston, Norwich, NR72
£95003/241.68 miWilks Farm Drive,Sprowston,Norwich,NR72
£1,20012/241.71 miPriors Drive, Norwich3
£1,80006/241.77 miSt. Marys Grove, Norwich, NR75
£1,80003/241.77 mi-5
£92506/241.8 miChurch View Court, NORWICH2
£1,40012/241.8 mi-3
£1,05003/251.8 mi-3
£1,20012/241.83 mi-2
£1,05006/241.84 miSpixworth Road, Old Catton, Norwich, NR63
£1,65012/241.86 miConroy Close, Norwich4
£1,30012/241.87 mi-3
£1,10006/241.88 miCranes Croft Road3
£1,35006/241.9 miMoore Avenue, NR64
£1,00009/241.96 mi-1
£1,20012/241.99 miBeaufort Close, Old Catton, Norwich3
£1,30012/241.99 miNorth Walsham Road, Norwich3
£1,10006/242 miNR62
£1,17503/252 mi-3
£1,60006/242 miChurch Street, Old Catton, Norwich4
£1,15006/242.04 mi-4
£92512/242.07 miSwan Lane, Sprowston2
£95006/242.07 mi-2
£95010/242.07 mi-2
£92512/242.07 mi-2
£69506/242.07 miLibra Court, Sparhawk Avenue, Sprowston, NR71
£69506/242.07 miLibra Court, Sparhawk Avenue, Sprowston, NR71
£1,20012/242.11 miPennyroyal, Norwich, NR6 2
£1,10005/242.11 mi-2
£1,35002/252.13 mi-3

Local Area Statistics

Population in NR10

22,761

Population in Norwich

366,887

Town centre distance

3.51 miles away

Nearest school

0.20 miles away

Nearest train station

3.06 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £240,000

January 23, 2025

Listed for £250,000

December 6, 2024

Floor Plans

Description

  • TWO BEDROOMS +
  • WELL-PRESENTED +
  • DETACHED BUNGALOW +
  • FIVE MILES TO NORWICH +
  • NORFOLK VILLAGE LOCATION +
  • IDEAL FOR FIRST-TIME BUYERS +

*GUIDE £240,000 TO £250,000*
A detached two-bedroom bungalow, ideal for those looking to downsize to single-storey living situated in the Broadland village of Spixworth, which sits to the north of the country’s historic city of Norwich. Conveniently located with easy access to local amenities that include a medical practice, village hall, convenience store, public house and Infant and Junior School.

The property enjoys an elevated position that is set back and screened from the road by established hedging, a shingled shared driveway to the front provides off-road parking.  The rear garden can be accessed via the side of the property which opens to an enclosed space, comprising a lawn garden, well-stocked raised flower beds and a low-maintenance shingled area. 

In good decorative order throughout, an entrance porch opens out to a welcoming lounge with a feature fireplace. An inner hallway with separate internal doors leads to a kitchen dining room with an additional fireplace with views over the rear garden. Two bedrooms, one with a feature fireplace and a family bathroom complete the accommodation. 

The properties location is further complimented in its proximity of approximately five miles south to the cathedral city of Norwich, with its variety of retailers and fashionable eateries, an airport, bus station and train station with links to afar.

Agent Details

Stobart & Hurrell, Wroxham

01603 361930

Next Steps?

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