2 Bed Bungalow, Single Let, Norwich, NR15 1JY, £275,000

18 Burgess Way, Norwich, Norfolk, NR15 1JY - 4 months ago

BTL
~60 m²
+8 photos

ValuationOvervalued

Sold Prices£179.5K - £1.1M
Sold Prices/m²£2.6K/m² - £9.1K/m²

 

 

Square Metres

~60.25 m²
Price/m²£4.6K/m²

Value Estimate

£226,117

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£675 - £3,000

Rent Estimate

£836

Running Costs/mo

£1,047

Cashflow/mo

£-211

Cashflow/yr

£-2,527

Gross Yield

4%

Local Sold Prices

20 sold prices from £179.5K to £1.1M, average is £250K. £2.6K/m² to £9.1K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£215K04/210.06 mi47, Burgess Way, Brooke, Norwich, Norfolk NR15 1JY2
£240K10/200.06 mi12, Burgess Way, Brooke, Norwich, Norfolk NR15 1JY2
£325K04/210.29 mi23, The Street, Brooke, Norwich, Norfolk NR15 1JW2
£352.5K03/230.29 mi23, The Street, Brooke, Norwich, Norfolk NR15 1JW2
£225K02/210.33 mi8, Hunstead Lane, Brooke, Norwich, Norfolk NR15 1JP2
£251K05/230.33 mi3, Hunstead Lane, Brooke, Norwich, Norfolk NR15 1JP2
£210K01/230.44 mi15, Norwich Road, Brooke, Norwich, Norfolk NR15 1AB2
£179.5K02/210.45 mi15, Norwich Road, Brooke, Norwich, Norfolk NR15 1AB2
£273K03/210.53 mi11, Windermere Close, Brooke, Norwich, Norfolk NR15 1HT2
£270K04/220.78 mi46, High Green, Brooke, Norwich, Norfolk NR15 1JA2
£275K07/231.29 miTan Tallon, The Street, Bergh Apton, Norwich, Norfolk NR15 1BN2
£215K02/231.72 mi2, Glenn Road, Poringland, Norwich, Norfolk NR14 7LL2
£250K03/211.74 mi5, Sunnyside, Bergh Apton, Norwich, Norfolk NR15 1DD2
£215K04/211.78 mi31, Shotesham Road, Poringland, Norwich, Norfolk NR14 7LN2
£250K12/221.92 mi120, The Street, Poringland, Norwich, Norfolk NR14 7LA2
£210K12/201.93 mi120, The Street, Poringland, Norwich, Norfolk NR14 7LA2
£250K02/211.93 mi14, Malten Close, Poringland, Norwich, Norfolk NR14 7RW2
£265K11/231.98 mi6, Elizabeth Road, Poringland, Norwich, Norfolk NR14 7RH2
£229K04/241.98 mi15, Elizabeth Road, Poringland, Norwich, Norfolk NR14 7RH2
£1.1M04/231.98 miPinewood, Slade Lane, Yelverton, Norwich, Norfolk NR14 7PR2

Local Rents

48 rents from £675/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95006/240.06 miBurgess Way, Brooke, Norwich3
£1,00009/240.06 miBurgess Way, Brooke, Norwich3
£1,52508/230.44 mi-4
£1,59510/240.44 mi-4
£1,69507/240.44 miNorwich Road, Norwich, NR154
£1,64507/240.44 miNorwich Road, Norwich, NR154
£1,64508/240.44 miNorwich Road, Norwich, NR154
£1,64508/240.44 miNorwich Road, Norwich, NR154
£1,59508/240.44 miNorwich Road, Norwich, NR154
£1,59508/240.44 miNorwich Road, Norwich, NR154
£1,59509/240.44 miNorwich Road, Norwich, NR154
£1,25012/231.48 mi-3
£3,00012/241.51 mi-4
£1,25006/241.56 miChurch Meadow, Norwich4
£95006/241.57 miWhiteheath Road, Bergh Apton, Norwich, Norfolk, NR152
£1,75006/241.57 miThe Old Yelverton Rectory, Norwich, NR143
£1,70004/241.57 mi-3
£1,00006/241.64 miHowe Lane, Poringland, Norwich3
£67507/241.64 miJubilee Walk, Poringland, Norwich1
£79507/241.68 miGlenn Road, Poringland, Norwich, NR141
£90006/241.74 mi-2
£2,75007/241.77 miBrooke Road, Seething, Norwich, Norfolk, NR155
£1,20006/241.79 miCarrington Close, Poringland, NR14 7XQ3
£85006/241.89 miBrooke Road, Seething, Norwich2
£1,75009/241.92 miThe Street, Poringland, Norwich, Norfolk, NR144
£1,10007/241.96 miSaxonfields, Poringland, Norwich3
£1,50007/241.97 miPleasants Avenue, Poringland, Norwich3
£1,29512/242 mi-3
£1,30007/242.03 miTrafalgar Square, Poringland, NORWICH3
£1,35006/242.04 miHamilton Court, Poringland3
£1,05006/242.07 miAll Saints Road, Poringland, Norwich3
£97506/242.09 mi-3
£1,40008/242.09 miMill Lane, Seething, NR153
£92509/242.1 miSt Andrews Close, Poringland2
£1,20007/242.1 miThe Street, Poringland, Norwich3
£1,45006/242.11 miSt. Annes Road, Framingham Earl, Norwich4
£1,05006/242.12 miAll Saints Road, Poringland, Norwich3
£85006/242.19 miJohn Drewry Close, Framingham Earl, Norwich2
£1,20007/242.2 miThe Street, Poringland, Norwich2
£1,60007/242.23 miMulberry Close, Poringland, Norwich, Norfolk, NR144
£1,20006/242.25 mi-1
£1,20006/242.25 miProspect Place, Norwich, NR151
£87507/242.35 miMinns Crescent, NR141
£1,10004/242.36 mi-2
£1,17503/252.38 mi-2
£1,70006/242.4 miTulip Tree Drive, Framingham Earl4
£95006/242.41 miPotters Way, Poringland, Norwich, Norfolk, NR142
£1,10006/242.46 miShotesham3

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

7.44 miles away

Nearest school

0.50 miles away

Nearest train station

5.24 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £275,000

December 11, 2024

Sold for £162,500

2015

Sold for £91,500

2002

Floor Plans

Description

  • No Chain! +
  • Detached Bungalow +
  • Cul-De-Sac Setting +
  • 13' Sitting Room +
  • 13' Kitchen/Breakfast Room +
  • Two Bedrooms +
  • Family Bathroom with Shower +
  • Garage, Driveway & Private Rear Garden +

SETTING THE SCENE
The lawned frontage ensures the property is set back from the road, with a shingle driveway offering tandem parking and garage access. Potential exists to create further parking, whilst a gated access leads to the other side for access to the rear garden. THE GRAND TOUR
Heading inside, the hall entrance offers an easy to maintain wood effect flooring, with a built-in storage cupboard and loft access hatch. The kitchen/breakfast room offers a modern finish, with space provided for an electric cooker which sits under the wall mounted extractor fan. Space is provided for general white goods, with matching up-stands running around the kitchen, window to front and space for a breakfast table. Adjacent is the sitting/dining room, with a window and door to the rear garden. The two bedrooms are both double in size and finished with fitted carpet under foot. Lastly is the family bathroom, with a white three piece suite, tiled splash backs and shower over the bath. FIND US
Postcode : NR15 1JY
What3Words : ///requests.dimes.whirlwind VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: E

Agent Details

Starkings & Watson, Poringland

01508 356456

Next Steps?

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