3 Bed Bungalow, Single Let, Norwich, NR13 4RU, £300,000

Borton Road, Blofield Heath, Norwich, NR13 4RU - 4 months ago

Sold STC
BTL
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£200K - £410K
Sold Prices/m²£2.9K/m² - £4.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£331,494
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£625 - £2,625

Rent Estimate

£700

Running Costs/mo

£1,098

Cashflow/mo

£-397

Cashflow/yr

£-4,770

Gross Yield

3%

Local Sold Prices

23 sold prices from £200K to £410K, average is £310K. £2.9K/m² to £4.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£335K02/230.01 mi25, Borton Road, Blofield, Norwich, Norfolk NR13 4RU3
£350K10/230.04 mi3, Borton Road, Blofield, Norwich, Norfolk NR13 4RU3
£270K11/230.16 mi27, Rosemary Road, Blofield, Norwich, Norfolk NR13 4QQ3
£285K06/210.16 mi29, Rosemary Road, Blofield, Norwich, Norfolk NR13 4QQ3
£350K12/200.18 mi40, Heath Way, Blofield, Norwich, Norfolk NR13 4RS3
£300K02/240.18 mi13, Heath Way, Blofield, Norwich, Norfolk NR13 4RS3
£265K09/230.21 mi1, Weston Close, Blofield, Norwich, Norfolk NR13 4QN3
£380K06/230.25 mi7, Allens Close, Blofield, Norwich, Norfolk NR13 4QR3
£305K06/210.38 mi45, Mill Road, Blofield, Norwich, Norfolk NR13 4QS3
£216K12/200.42 mi66, Blofield Corner Road, Blofield, Norwich, Norfolk NR13 4SA3
£220K01/240.42 mi68, Blofield Corner Road, Blofield, Norwich, Norfolk NR13 4SA3
£216K12/200.42 mi66, Blofield Corner Road, Blofield, Norwich, Norfolk NR13 4SA3
£410K06/210.47 mi7, Harker Way, Blofield, Norwich, Norfolk NR13 4QZ3
£340K10/230.47 mi34, Harker Way, Blofield, Norwich, Norfolk NR13 4QZ3
£200K10/210.52 miAshlea, Ranworth Road, Blofield, Norwich, Norfolk NR13 4PJ3
£372.5K03/240.81 miBroads Close, Post Office Road, Little Plumstead, Norwich, Norfolk NR13 5AD3
£375K04/230.81 miPetra, Post Office Road, Little Plumstead, Norwich, Norfolk NR13 5AD3
£315K07/230.92 mi44, Salhouse Road, Little Plumstead, Norwich, Norfolk NR13 5JJ3
£325K03/240.93 mi50, Salhouse Road, Little Plumstead, Norwich, Norfolk NR13 5JJ3
£207.5K02/230.94 mi7, Emmas Way, Little Plumstead, Norwich, Norfolk NR13 5HP3
£290K01/240.94 mi35, Emmas Way, Little Plumstead, Norwich, Norfolk NR13 5HP3
£315K07/230.99 mi17, Astley Road, Little Plumstead, Norwich, Norfolk NR13 5ET3
£310K01/230.99 mi38, Sandhole Lane, Little Plumstead, Norwich, Norfolk NR13 5HZ3

Local Rents

48 rents from £625/mo to £2.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00007/240.12 miRosemary Road, Blofield, NR132
£1,45009/240.46 miBonds Road, Blofield Heath, Norwich3
£1,95007/240.68 miNeve Loke, Hemblington, Norwich4
£75008/240.72 miPedham Road, Norwich, NR131
£75009/240.72 mi-1
£92508/240.72 miDunch Crescent, Hemblington, Norwich2
£1,35007/241.02 miHighview Close, Norwich4
£1,20006/241.05 miMorris Drive, Little Plumstead, NR133
£1,30006/241.07 miMorris Drive , Little Plumstead , Norfolk4
£1,30006/241.07 miMorris Drive, Little Plumstead, NORWICH4
£1,15006/241.1 miMorris Drive, Little Plumstead, NR133
£90007/241.11 miCharles Marler Way, Blofield, NR132
£1,25007/241.12 miCozens-Wiley Road, Norfolk, NR13 5GA3
£1,80006/241.12 miCharles Marler Way, Blofield, NR134
£1,60007/241.12 miCharles Marler Way, Blofield, NR134
£1,20006/241.13 miCharles Marler Way, Blofield3
£1,20007/241.14 miLittle Plumstead3
£85006/241.15 miChamberlin Court, Blofield, Norwich, NR132
£70004/241.2 mi-3
£1,25008/241.21 miMission Hall Close, Blofield, 3
£65006/241.27 miBlofield2
£2,62506/241.29 mi-5
£1,40006/241.31 miBlofield3
£89506/241.32 miBlofield, , Norwich2
£1,35006/241.32 miShreeve Road, Blofield, Norwich3
£1,35007/241.39 miPenrice Road, NR13 5FP3
£1,35008/241.4 mi-3
£1,35006/241.4 miShreeve Road, Blofield, Norwich, NR133
£1,35006/241.4 miShreeve Road, Blofield, Norwich, NR133
£1,35007/241.4 miShreeve Road, Blofield, Norwich, NR133
£79506/241.4 miDanesbower Lane, Blofield, Norwich, NR132
£1,90006/241.49 miCherry Tree Barn West, NR13 5DP4
£1,97508/241.5 miMayflower Barn, Witton, Norfolk, NR13 5DP5
£1,55006/241.5 miLingwood Road, NR133
£79508/241.52 miChurch Road, Blofield2
£1,20006/241.52 miPound Lane , Blofield , Norfolk3
£1,20007/241.52 miPound Lane , Blofield , Norfolk3
£1,00006/241.63 miLackford Close, Brundall, NR133
£1,10006/241.64 miBrundall, Norwich3
£1,10008/241.64 miLackford Close, Brundall, NORWICH3
£62507/241.65 miGreenacre Close, Brundall, NORWICH2
£95007/241.83 miThe Close, Brundall, Norwich3
£1,40006/241.93 miReedcutters Avenue, Brundall, 3
£90007/241.93 miUplands Court, Brundall, Norfolk2
£1,00006/241.94 miFinch Way, Brundall, Norwich3
£1,80006/241.98 miToad Lane, Great Plumstead, NR133
£1,25006/242 miPostwick3
£1,05007/242.04 miPostwick Lane, Norwich, NR13 53

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

6.20 miles away

Nearest school

0.20 miles away

Nearest train station

2.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £300,000

December 11, 2024

Floor Plans

Description

  • No Chain! +
  • Detached Bungalow +
  • Cul-De-Sac Location +
  • Open Plan Sitting/Dining Room +
  • Fitted Kitchen with Side Access +
  • Three Bedrooms +
  • Separate W.C & Shower Room +
  • Enclosed Private Gardens +

SETTING THE SCENE
A resin driveway offers tandem parking to the side of the bungalow, with a lawned front garden including mature hedging and shrubbery. Access leads to the adjoining garage and gated rear garden.
THE GRAND TOUR
Heading inside via the main side entrance door which sits opposite the driveway, you step into a carpeted hall entrance, with built-in storage and the loft access hatch above. The first door immediately off the main hall is the sitting room, sitting at the front of the bungalow including a large picture window to front and further window to side, centred on a feature fireplace. Fitted carpet runs through the living space and into the open plan dining room which is also flooded with natural light via the front facing window. A door takes you into the adjacent kitchen which offers a range of wall and base level units, with integrated cooking appliances including a gas hob and built-in eye level electric double oven, with space for general white goods including a fridge and washing machine. A door leads onto the adjacent driveway and a door also takes you back into the hall entrance. The three bedrooms lead off the hallway to the rear of the bungalow with two of the bedrooms finished with fitted carpet and one with wood effect flooring completing the property. A separate W.C and family bathroom with tiled splashbacks, storage under the hand wash basin, and heated towel rail.
FIND US
Postcode : NR13 4RU
What3Words : ///cackling.styled.mascot
VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: D

Agent Details

Starkings & Watson, Brundall

01603 336556

Next Steps?

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