3 Bed Semi-Detached House, Single Let, Norwich, NR5 8XQ, £265,000

Jex Road, Norwich, NR5 8XQ - 4 months ago

BTL
~82 m²
+13 photos

ValuationOvervalued

Sold Prices£123.1K - £340K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

~82.30 m²
Price/m²£3.2K/m²

Value Estimate

£212,723

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£17,700

Total Cash In

£83,950

 

 

Cash Out

 

Rent Range

£950 - £2,500

Rent Estimate

£989

Running Costs/mo

£1,046

Cashflow/mo

£-57

Cashflow/yr

£-683

Gross Yield

4%

Local Sold Prices

50 sold prices from £123.1K to £340K, average is £199.1K. £1.5K/m² to £3.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£173K11/200.01 mi162, Jex Road, Norwich, Norfolk NR5 8XQ3
£207K12/220.03 mi71, Jex Road, Norwich, Norfolk NR5 8XQ3
£202K06/210.04 mi14, Lusher Rise, Norwich, Norfolk NR6 5EA3
£144K06/230.04 mi44, Lusher Rise, Norwich, Norfolk NR6 5EA3
£200K03/230.04 mi152, Jex Road, Norwich, Norfolk NR5 8XQ3
£207K12/200.06 mi65, Hellesdon Road, Norwich, Norfolk NR6 5EE3
£180K03/210.06 mi65, Jex Road, Norwich, Norfolk NR5 8XG3
£200K09/230.11 mi178, Jex Road, Norwich, Norfolk NR5 8XH3
£202K12/230.11 mi133, Jex Road, Norwich, Norfolk NR5 8XH3
£161.8K04/210.11 mi202, Jex Road, Norwich, Norfolk NR5 8XH3
£195K12/230.11 mi188, Jex Road, Norwich, Norfolk NR5 8XH3
£225K12/220.13 mi87, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£282.5K08/240.15 mi538, Dereham Road, Norwich, Norfolk NR5 8TU3
£180K11/200.15 mi528, Dereham Road, Norwich, Norfolk NR5 8TU3
£227.5K10/220.15 mi28, Jex Road, Norwich, Norfolk NR5 8XD3
£155K12/200.15 mi45, Jex Road, Norwich, Norfolk NR5 8XD3
£225K08/240.15 mi17, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£197K04/210.15 mi1, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£230K04/230.17 mi105, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£180K04/210.18 mi35, Jex Avenue, Norwich, Norfolk NR5 8XE3
£202K10/220.22 mi38, Marlpit Lane, Norwich, Norfolk NR5 8XP3
£221K02/240.22 mi31, Ranworth Road, Norwich, Norfolk NR5 8EB3
£192.5K04/210.22 mi37, Ranworth Road, Norwich, Norfolk NR5 8EB3
£225K05/210.23 mi83, Whistlefish Court, Norwich, Norfolk NR5 8QR3
£172K06/210.25 mi83, Marlpit Lane, Norwich, Norfolk NR5 8XN3
£238K11/200.28 mi408, Dereham Road, Norwich, Norfolk NR5 8QG3
£265K12/220.28 mi406, Dereham Road, Norwich, Norfolk NR5 8QG3
£170K06/210.3 mi49, Bates Green, Norwich, Norfolk NR5 8YW3
£170K02/210.32 mi3, Horning Close, Norwich, Norfolk NR5 8DN3
£198.3K10/220.32 mi84, Motum Road, Norwich, Norfolk NR5 8EQ3
£240K06/230.33 mi25, Larkman Lane, Norwich, Norfolk NR5 8TZ3
£180K01/210.34 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£185K02/240.35 mi21, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£185K04/240.35 mi41, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£245K10/220.35 mi2, Beecheno Road, Norwich, Norfolk NR5 8TJ3
£180K01/210.36 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£270K12/230.36 mi2, Tollhouse Road, Norwich, Norfolk NR5 8QF3
£220K07/230.36 mi4, Tollhouse Road, Norwich, Norfolk NR5 8QF3
£192.5K06/210.37 mi92, Beverley Road, Norwich, Norfolk NR5 8DL3
£123.1K11/200.38 mi130, Knowland Grove, Norwich, Norfolk NR5 8YA3
£158.5K12/200.38 mi124, Knowland Grove, Norwich, Norfolk NR5 8YA3
£188K11/220.4 mi19, Randle Green, Norwich, Norfolk NR5 8YL3
£150K03/210.41 mi3, Randle Green, Norwich, Norfolk NR5 8YL3
£270K11/230.41 mi39, Larkman Lane, Norwich, Norfolk NR5 8TY3
£230K01/240.41 mi42, Larkman Lane, Norwich, Norfolk NR5 8TY3
£340K05/230.41 mi378c, Dereham Road, Norwich, Norfolk NR5 8QE3
£235K03/210.41 mi378a, Dereham Road, Norwich, Norfolk NR5 8QE3
£162.5K06/210.41 mi32, Stevenson Road, Norwich, Norfolk NR5 8TT3
£220K04/240.41 mi18, Winsford Way, Norwich, Norfolk NR5 0DH3
£184K02/210.41 mi11, Winsford Way, Norwich, Norfolk NR5 0DH3

Local Rents

27 rents from £950/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,19502/250.08 mi-3
£2,50006/240.18 miHellesdon Road, Norwich, Norfolk, NR63
£1,15012/240.28 miCadge Close, Norwich3
£1,50012/240.32 mi-3
£1,50012/240.32 miMotum Road, Norwich3
£1,35012/240.32 mi-3
£1,40001/250.32 mi-3
£1,28002/250.32 mi-3
£1,27506/240.37 miBeverley Road, Norwich, NR53
£1,30012/240.38 miKnowland Grove, NORWICH3
£99502/240.4 mi-3
£1,15012/240.42 mi-3
£1,45006/240.42 miDereham Road, Norwich, NR53
£1,50006/240.44 miFoxley Road, Norwich3
£1,50006/240.45 miBixley Close, Norwich, Norfolk, NR53
£1,40001/250.5 mi-3
£1,30012/240.52 miNorwich Road, Norwich3
£1,05006/240.52 miGilbard Road, Norwich3
£1,27512/240.53 miGilbard Road, NR5 8TR3
£1,30012/240.55 mi-3
£1,30012/240.55 mi-3
£95006/240.55 miBeecheno Road, NORWICH3
£1,10006/240.55 miNorwich, NR53
£1,20007/240.57 miWheatley Road, Norwich, NR23
£1,29006/240.59 mi-3
£1,38012/240.59 mi-3
£1,32506/240.61 miOlive Road, Norwich3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

1.86 miles away

Nearest school

0.20 miles away

Nearest train station

2.64 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £265,000

January 2, 2025

Listed for £275,000

December 11, 2024

Floor Plans

Description

  • Extended Semi-Detached Home +
  • Popular Residential Location Close To UEA +
  • Sitting Room & Large Dining/Family Room +
  • Separate Renovated Kitchen +
  • Three Double Bedrooms +
  • Enclosed & Private Rear Garden +
  • Purpose Built Outside Bar/Entertaining Space +
  • Presented in Excellent Order Throughout +

IN SUMMARY
Guide Price £265,000-£275,000. Presented in EXCELLENT ORDER, this SEMI-DETACHED home is found on a popular CUL-DE-SAC in NR5 and features extended accommodation to the rear. Internally you will find an entrance hallway with a well furnished main sitting room to the front. There is an EXTENDED garden/family room to the rear offering excellent extra reception space as well as inner hallway and a WELL FITTED MODERN KITCHEN. completing the ground floor is the family bathroom. On the first floor there are THREE AMPLE DOUBLE BEDROOMS off landing. Externally, the property offers a fantastic enclosed rear garden ideal for entertaining with the addition of a PURPOSE BRICK BUILT BAR and pleasant lawns and patio. The provides excellent access to the city, UEA and Norfolk & Norwich Hospital.

SETTING THE SCENE
The house is approached via a pedestrian access to the front with steps up from the road to the main entrance door to the front. There is a front lawn and side gate leading to the rear garden. Parking can be found on road to the front.

THE GRAND TOUR
Entering via the main entrance door to the front there is a small entrance lobby with stairs to the first floor landing as well as access to the main sitting room. The sitting room offers a window to the front as well as brick fireplace housing a gas fired back boiler. The sitting room provides access to the extended garden room beyond as well as to the internal hallway. The garden room provides excellent extra reception space for all the family and could be used in a number of ways. There is also direct access to the garden from here. The inner hallway provides access to the bathroom with a bath and shower over as well as W/C and hand wash basin. Beyond is an understairs cupboard with room for storage as well as the fitted kitchen. The kitchen features a range of wall and base level units with wood effect worktops over. There is space for a freestanding oven as well as integrated dishwasher, fridge and washing machine. Heading up to the first floor landing there is a built in cupboard and access to the three bedrooms off landing. All three rooms are comfortable double rooms.

FIND US
Postcode : NR5 8XQ
What3Words : ///buddy.amount.wires VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: D

Agent Details

Starkings & Watson, Costessey

01603 336446

Next Steps?

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