3 Bed Detached House, Single Let, Norwich, NR5 9EJ, £260,000

62 Braithwait Close, Norwich, NR5 - 1 views - 4 months ago

Leasehold
BTL
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£175K - £423.8K
Sold Prices/m²£1.9K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£250,016

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£11,500

Total Cash In

£76,500

 

 

Cash Out

 

Rent Range

£950 - £1,600

Rent Estimate

£1,025

Running Costs/mo

£1,038

Cashflow/mo

£-12

Cashflow/yr

£-150

Gross Yield

5%

Local Sold Prices

50 sold prices from £175K to £423.8K, average is £228.5K. £1.9K/m² to £5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£185K03/210.02 mi56, Braithwait Close, Norwich, Norfolk NR5 9EJ3
£210K12/200.02 mi42, Braithwait Close, Norwich, Norfolk NR5 9EJ3
£188K01/210.05 mi16, Yaxley Way, Norwich, Norfolk NR5 9EQ3
£235K03/230.05 mi14, Harry Barber Close, Norwich, Norfolk NR5 9DY3
£250K06/230.1 mi7, Hemmings Close, Norwich, Norfolk NR5 9EH3
£245K10/230.1 mi13, Hemmings Close, Norwich, Norfolk NR5 9EH3
£197K09/230.1 mi2, Wortham Close, Norwich, Norfolk NR5 9DX3
£215K05/240.1 mi18, Wortham Close, Norwich, Norfolk NR5 9DX3
£240K10/230.12 mi42, Wenman Court, Norwich, Norfolk NR5 9LP3
£225K10/230.12 mi6, Wenman Court, Norwich, Norfolk NR5 9LP3
£205K11/200.13 mi45, Stylman Road, Norwich, Norfolk NR5 9ET3
£197.5K05/210.13 mi5, Stylman Road, Norwich, Norfolk NR5 9ET3
£195K07/210.14 mi4, Lisle Road, Norwich, Norfolk NR5 9LH3
£177.5K03/210.15 mi22, Brennewater Mews, Norwich, Norfolk NR5 9DH3
£175K06/210.17 mi8, Bumpstede Court, Norwich, Norfolk NR5 9DW3
£270K09/210.18 mi7, Cornwallis Close, Norwich, Norfolk NR5 9BJ3
£280K02/230.18 mi28, Tottington Close, Norwich, Norfolk NR5 9LW3
£200K05/230.19 mi14, Kerville Street, Norwich, Norfolk NR5 9BG3
£238.5K12/230.2 mi200, Beloe Avenue, Norwich, Norfolk NR5 9AQ3
£215K06/210.2 mi17, Thurston Close, Norwich, Norfolk NR5 9LS3
£182K01/210.2 mi28, Notykin Street, Norwich, Norfolk NR5 9DN3
£177K06/210.2 mi11, Notykin Street, Norwich, Norfolk NR5 9DN3
£215K10/220.21 mi30, Notykin Street, Norwich, Norfolk NR5 9DN3
£198K12/210.21 mi18, Notykin Street, Norwich, Norfolk NR5 9DN3
£225K10/210.23 mi1, Astley Road, Norwich, Norfolk NR5 9LA3
£236K11/220.26 mi5, Skye Close, Norwich, Norfolk NR5 9DL3
£214K06/210.27 mi11, Skye Close, Norwich, Norfolk NR5 9DL3
£210K07/210.29 mi6, Reydon Close, Norwich, Norfolk NR5 9AG3
£423.8K02/240.29 mi164, Dereham Road, New Costessey, Norwich, Norfolk NR5 0SX3
£315K04/230.29 mi120, Dereham Road, New Costessey, Norwich, Norfolk NR5 0SX3
£310K01/240.29 mi210, Dereham Road, New Costessey, Norwich, Norfolk NR5 0SW3
£300K09/230.3 mi21, The Crofts, Norwich, Norfolk NR5 9LJ3
£185K02/210.3 mi5, Cotterall Court, Norwich, Norfolk NR5 9AZ3
£274K06/210.3 mi154, Dereham Road, New Costessey, Norwich, Norfolk NR5 0SX3
£215K06/210.3 mi51, Harpsfield, Norwich, Norfolk NR5 9LG3
£240K10/220.31 mi9, Morris Close, Norwich, Norfolk NR5 9DQ3
£271K10/220.31 mi4, The Crofts, Norwich, Norfolk NR5 9LJ3
£258K08/230.33 mi9, Mayes Close, Norwich, Norfolk NR5 9AR3
£237K03/230.35 mi4, Fitzhenry Mews, Norwich, Norfolk NR5 9BH3
£235K07/210.36 mi25, Jerningham Road, Norwich, Norfolk NR5 0RG3
£210K02/230.36 mi22, Toftes Place, Norwich, Norfolk NR5 9DA3
£275K08/230.36 mi1, Gurney Court, New Costessey, Norwich, Norfolk NR5 0SS3
£255K04/210.36 mi45, Jerningham Road, Norwich, Norfolk NR5 0RG3
£205K02/210.36 mi8, The Columbine, Norwich, Norfolk NR5 9NP3
£265K05/210.39 mi2, Jerningham Road, New Costessey, Norwich, Norfolk NR5 0RE3
£340K12/230.39 mi40, Jerningham Road, New Costessey, Norwich, Norfolk NR5 0RE3
£270K06/230.4 mi24, Breckland Road, Norwich, Norfolk NR5 0RW3
£229K10/200.4 mi41, Breckland Road, Norwich, Norfolk NR5 0RW3
£292.5K11/210.4 mi16, Three Mile Lane, Norwich, Norfolk NR5 0RR3
£228K03/230.41 mi5, Webster Close, Norwich, Norfolk NR5 9DF3

Local Rents

32 rents from £950/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30008/240.03 mi-3
£1,40012/240.16 miNotridge Road, Norwich, NR53
£1,25012/240.17 mi-3
£1,50006/240.19 miKerville Street, NR5 9BG3
£1,10012/240.24 mi-3
£1,30012/240.35 miShepherd Purse Way, NORWICH3
£1,20001/250.43 mi-3
£1,60012/240.44 miLushington Close, Norwich3
£1,10012/240.48 mi-3
£1,20006/240.48 miFresher Mews, Three Score, Norwich, NR53
£1,10006/240.48 miFresher Mews, Three Score, Norwich, NR53
£1,20012/240.5 miBishy Barnebee Way, Threescore, Norwich3
£1,35006/240.5 miThe Swale, Three Score, Norwich, NR53
£1,15012/240.51 miThree Score, NR53
£1,35012/240.52 miAtkinson Close, Norwich3
£1,35012/240.52 miAtkinson Close, NORWICH3
£1,35012/240.52 miAtkinson Close, Norwich, NR53
£1,15012/240.53 miHorn Pie Road, Norwich, Norfolk3
£95006/240.56 miBeecheno Road, NORWICH3
£1,20006/240.56 miAttelsey Way, Norwich3
£1,39506/240.56 miAttelsey Way, Norwich, Norfolk, NR53
£1,35012/240.57 miCaddow Road, Norwich3
£1,20006/240.57 miPollywiggle Close, Norwich3
£1,35012/240.57 miPollywiggle Close, Norwich, NR53
£1,35012/240.57 mi-3
£1,10006/240.6 miNorwich, NR53
£1,30012/240.6 miNorwich Road, Norwich3
£1,50012/240.61 miSukey Way, NR5 9NZ3
£1,40012/240.62 miMawkin Close, Norwich, NR53
£1,40003/250.62 mi-3
£1,30004/250.62 mi-3
£1,40012/240.62 mi-3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.97 miles away

Nearest school

0.20 miles away

Nearest train station

3.72 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £260,000

March 28, 2025

Price changed to £270,000

February 28, 2025

Price changed to £260,000

February 4, 2025

Price changed to £270,000

January 2, 2025

Listed for £285,000

December 10, 2024

Floor Plans

Description

  • Available chain free +
  • Sought-after NR5 postcode of Norwich +
  • Fully renovated modern detached house +
  • Ideal for first time buyers to create their dream home +
  • Open-plan living space with French doors leading out to the rear garden +
  • Three well sized bedrooms to suit your needs +
  • Brand new boiler +
  • Off road parking available with driveway and garage +
  • Property has easy access to local amenities, UEA and the city +

Within the sought-after NR5 postcode of Norwich, you'll find this stunning 3-bedroom detached house presents a prime opportunity for those looking to establish their dream home in a vibrant community. Available chain-free, this fully renovated modern abode caters perfectly to first-time buyers seeking a contemporary and stylish residence in a convenient location. Location Nestled in a peaceful residential area, Braithwait Close is ideally situated in the sought-after NR5 postcode of Norwich. This property enjoys a quiet cul-de-sac setting, perfect for families and professionals alike. The location offers excellent access to the University of East Anglia and the Norfolk and Norwich University Hospital, both just a short drive away. Local amenities are abundant, with supermarkets, shops, and leisure facilities conveniently close by. For those who enjoy the outdoors, nearby green spaces and parks provide opportunities for relaxation and recreation. Additionally, Norwich city centre is easily reachable, offering a vibrant mix of shopping, dining, and cultural attractions. With excellent transport links, including bus routes and road access to the A47, this property is perfectly positioned for both convenience and tranquillity. Braithwait Close

Upon entering the property, you are welcomed into a bright and spacious open-plan living area consisting of a lounge, dining room, and kitchen. The modern design is accentuated by French doors that lead out to the rear garden, offering an abundance of natural light and a seamless transition between indoor and outdoor living spaces. The living space is a blank canvas waiting for personalisation and comes fully equipped with brand-new appliances, ensuring a hassle-free move-in experience.

Upstairs, three well-sized bedrooms await, providing ample space to accommodate various needs and preferences. Adjacent, the modern family bathroom boasts a sleek design and features a WC, hand basin, and bath with a convenient shower attachment.

Further enhancing the property's appeal is the inclusion of a brand new boiler, off-road parking with a garage, allowing for secure storage of vehicles and added convenience. Residents will benefit from easy access to a range of local amenities, as well as proximity to the University of East Anglia and the vibrant city centre of Norwich.

Outside, the enclosed rear garden offers a wealth of potential and is ready to be transformed into a tranquil oasis for relaxation and entertainment. With a well-maintained lawn and space for personalisation, this area is destined to become a dream garden for outdoor enthusiasts.

Agents Notes We understand this property will be sold freehold, connected to all main services. Tax Council Band - B

EPC Rating: D Disclaimer Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Unthank Road, Norwich

01603 361808

Next Steps?

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