3 Bed Semi-Detached House, Single Let, Norwich, NR13 3NB, £275,000

Granary Close, Freethorpe, Norwich, NR13 3NB - 4 months ago

BTL
~103 m²
+17 photos

ValuationUndervalued

Sold Prices£213K - £612.5K
Sold Prices/m²£2K/m² - £4.7K/m²

 

 

Square Metres

~103.12 m²
Price/m²£2.7K/m²

Value Estimate

£313,452
BMV14%

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

£750 - £1,500

Rent Estimate

£825

Running Costs/mo

£1,044

Cashflow/mo

£-219

Cashflow/yr

£-2,632

Gross Yield

4%

Local Sold Prices

23 sold prices from £213K to £612.5K, average is £285K. £2K/m² to £4.7K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£220K09/210.04 mi3, Old Chapel Road, Freethorpe, Norwich, Norfolk NR13 3LU3
£220K10/230.1 mi19, Youngs Crescent, Freethorpe, Norwich, Norfolk NR13 3XA3
£305K04/210.19 mi35, Chapelfield, Freethorpe, Norwich, Norfolk NR13 3LY3
£612.5K03/210.34 mi71, The Green, Freethorpe, Norwich, Norfolk NR13 3NY3
£289.9K03/210.73 mi3, Halvergate Road, Freethorpe, Norwich, Norfolk NR13 3NS3
£295K11/201.4 miBleak Haven, Kittles Road, Moulton St Mary, Norwich, Norfolk NR13 3LN3
£256K11/201.52 miRobins Nest, The Street, Halvergate, Norwich, Norfolk NR13 3AJ3
£290K09/211.61 mi1, Station Drive, Reedham, Norwich, Norfolk NR13 3JF3
£233K03/211.62 miThe Cottage, The City, Halvergate, Norwich, Norfolk NR13 3PX3
£213K11/201.67 mi40, Church Road, Reedham, Norwich, Norfolk NR13 3TX3
£327K12/231.67 mi5, Barley Close, Cantley, Norwich, Norfolk NR13 3AF3
£272.5K12/201.67 mi1, Barley Close, Cantley, Norwich, Norfolk NR13 3AF3
£345K03/231.67 mi4, Highland Close, Cantley, Norwich, Norfolk NR13 3SW3
£222.5K04/211.69 miSunnyside, Station Road, Cantley, Norwich, Norfolk NR13 3SH3
£295K06/211.7 mi5, Church Road, Cantley, Norwich, Norfolk NR13 3SL3
£253K01/211.7 mi31, Burnt House Road, Cantley, Norwich, Norfolk NR13 3RT3
£260K06/211.73 mi9, The Havaker, Reedham, Norwich, Norfolk NR13 3HG3
£235K06/231.79 mi1, Chapel Road, Halvergate, Norwich, Norfolk NR13 3QA3
£270K03/211.79 mi5, Chapel Road, Halvergate, Norwich, Norfolk NR13 3QA3
£310K08/211.8 mi19, Yareview Close, Reedham, Norwich, Norfolk NR13 3SZ3
£285K02/231.8 mi5, Yareview Close, Reedham, Norwich, Norfolk NR13 3SZ3
£302.5K11/201.87 miHey Barn, Church Road, Reedham, Norwich, Norfolk NR13 3TZ3
£390K12/221.92 miThe Cottage, Peacock Corner, Moulton St Mary, Norwich, Norfolk NR13 3NF3

Local Rents

16 rents from £750/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95007/240.08 miPearsons Close, Freethorpe, Norwich3
£75008/240.34 miThe Green, Freethorpe, Norwich1
£1,35006/240.45 miSutton Crescent, NR134
£1,35006/240.45 miSutton Crescent, NR134
£82507/240.83 miLimpenhoe3
£82507/241.06 miLimpenhoe2
£95006/241.61 miStation Drive, Reedham, Norwich2
£1,20006/241.66 mi-3
£1,20006/241.73 miPenny Rise, Halvergate, NR133
£1,50006/231.9 mi-3
£1,10006/242.02 miStation Road, Reedham2
£92507/242.03 miReedham2
£89506/242.08 miRiverside, Reedham2
£89506/242.2 miTunstall3
£89506/242.2 miTunstall3
£95006/242.36 miHalvergate3

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

11.40 miles away

Nearest school

0.40 miles away

Nearest train station

1.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £275,000

December 11, 2024

Floor Plans

Description

  • No Chain! +
  • Link-Detached Family Home +
  • Flexible Layout +
  • Sitting Room with Wood Burner +
  • Open Plan Kitchen/Dining Room +
  • Conservatory +
  • Three Bedrooms + Family Room +
  • Wrap Around Gardens +

IN SUMMARY
NO CHAIN. With POTENTIAL for FOUR BEDROOMS, this SPACIOUS FAMILY HOME enjoys a PRIVATE ASPECT to the REAR, with WRAP AROUND GARDENS. An OPEN PLAN and FLEXIBLE LAYOUT inside extends to over 1100 Sq.ft (stms) of accommodation, including the SITTING ROOM with its feature cast iron WOODBURNER which creates a cosy feel. The KITCHEN/DINING ROOM is open plan which his perfect for family living, with space for a RANGE STYLE COOKER for those to like to cook and entertain! The CONSERVATORY extends the living space, whilst the garage has been recently converted to create a MUTLI-PURPOSE FAMILY ROOM with a laundry room and W.C beyond. Upstairs, THREE BEDROOMS lead off the landing, along with the modernised family bathroom which includes a SEPARATE SHOWER.

SETTING THE SCENE
Set back from the road with a shingle driveway providing off road parking for several vehicles, a useful gate access leads to the rear garden whilst the main access door is to the front of the property.

THE GRAND TOUR
Heading inside through the uPVC double entrance door, wood flooring with a recessed doormat can be found within the hall entrance, with stairs rising to the first floor and useful built-in storage cupboards below. Following the door to your right, the main living space can be found with fitted carpet, uPVC double glazed window to front and a feature cast iron woodburner creating a focal point to the room with a tiled hearth. Smooth coved ceilings have been installed, whilst the kitchen/dining area is open plan to the main living space, with a separation of wood flooring underfoot. The kitchen offers a u-shape arrangement of wall and base level units with space provided for a range style cooker with a stainless steel splash back and extractor fan above. The kitchen also offers room for general white goods including an American style fridge freezer, with a door taking you back into the hall entrance, a door to the rear and French doors into the conservatory. Sitting under a vaulted roof, the conservatory offers garden view with French doors onto the decked seating area. Wood flooring can be found underfoot creating a versatile and easy to maintain space. Back into the hall entrance as you enter the property, to your left, a ground floor bedroom can be found with fitted carpet, uPVC double glazed window to front and access to a further storage room and cloakroom with a two piece suite including a low level WC and wall mounted hand wash basin. Heading upstairs, the landing is carpeted and includes a window to side, built-in storage cupboard and loft access hatch. Straight ahead of you is the modernised family bathroom which includes a white four piece suite with storage under the sink unit, mixer tap over the bath and Aqualisa power shower within the shower cubicle - completed with half tiled walls and a heated towel rail. The three bedrooms are all carpeted with one including a full run of built-in wardrobes with sliding mirrored doors and the smaller offering useful storage over the stairs.

FIND US
Postcode : NR13 3NB
What3Words : ///pink.shuffle.concerned

VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: C

Agent Details

Starkings & Watson, Brundall

01603 336556

Next Steps?

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