4 Bed Detached House, Single Let, Norwich, NR15 1AW, £725,000

Watermill Rise, Tasburgh, Norwich, NR15 1AW - 4 months ago

Sold STC
BTL
~129 m²
+25 photos

ValuationOvervalued

Sold Prices£188K - £600K
Sold Prices/m²£2.1K/m² - £3.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.6K/m²

Value Estimate

£363,380

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£181,250

Stamp Duty & Legal Fees

£46,700

Total Cash In

£227,950

 

 

Cash Out

 

Rent Range

£695 - £1,950

Rent Estimate

£709

Running Costs/mo

£2,427

Cashflow/mo

£-1,718

Cashflow/yr

£-20,621

Gross Yield

1%

Local Sold Prices

25 sold prices from £188K to £600K, average is £347K. £2.1K/m² to £3.6K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£440K04/230.07 miPilgrim Cottage, Low Road, Tasburgh, Norwich, Norfolk NR15 1LT4
£400K04/230.15 mi1, Harvey Close, Tasburgh, Norwich, Norfolk NR15 1LS4
£188K01/210.24 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£300K07/230.24 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£520K11/210.34 miRobin Hill, Station Road, Flordon, Norwich, Norfolk NR15 1QR4
£510K03/210.48 miSummer Orchard, Greenways, Flordon, Norwich, Norfolk NR15 1QN4
£320K11/230.68 mi1, Willow Close, Tasburgh, Norwich, Norfolk NR15 1NE4
£345K05/210.69 mi15, Church Road, Tasburgh, Norwich, Norfolk NR15 1ND4
£490K11/230.82 miMandhari, The Street, Flordon, Norwich, Norfolk NR15 1RN4
£315K06/211.13 mi7, Dell Close, Newton Flotman, Norwich, Norfolk NR15 1RG4
£308.5K10/231.2 mi5, Kingsway, Saxlingham Thorpe, Norwich, Norfolk NR15 1UA4
£347K03/211.27 mi94, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF4
£350K12/201.28 miPorch Cottage, The Street, Hapton, Norwich, Norfolk NR15 1SL4
£416.5K11/221.29 miRiver Cottage, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£355K11/221.29 miThe Old Bakery, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£335K09/221.31 mi70, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF4
£255K06/211.34 miThe Birches, Exchange Road, Newton Flotman, Norwich, Norfolk NR15 1PS4
£282K09/231.4 mi24, St Marys Close, Newton Flotman, Norwich, Norfolk NR15 1AH4
£260K12/201.42 mi13, Sewells Close, Newton Flotman, Norwich, Norfolk NR15 1PX4
£301.5K01/211.46 mi7, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF4
£360K04/231.46 mi5, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF4
£455K10/201.51 miApple Trees, The Street, Tharston, Norwich, Norfolk NR15 2YP4
£600K08/231.53 miBarn House, The Street, Tharston, Norwich, Norfolk NR15 2YP4
£275K11/211.88 mi8, Highfields, Tharston, Norwich, Norfolk NR15 2YS4
£385K03/211.94 miPittsway House, Pitts Hill, Saxlingham Nethergate, Norwich, Norfolk NR15 1PB4

Local Rents

43 rents from £695/mo to £1.9K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,20008/241.19 miAlan Avenue, Newton Flotman, NR153
£1,20008/241.19 miAlan Avenue, NR153
£1,15006/241.32 miOlive Avenue, Newton Flotman, Norwich3
£82508/232 mi-1
£85008/242 mi-1
£85012/242 mi-1
£85003/252 mi-1
£1,15003/242.02 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,25006/242.04 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,37507/242.09 miMinnow Way, Mulbarton, Norwich, Norfolk, NR143
£97506/242.12 miNorwich Road, NR153
£85001/252.15 mi-2
£92507/242.15 miWheatfield Road, NR142
£80006/242.15 miRyefield Road, Mulbarton, Norwich, South Norfolk, NR142
£90002/242.15 mi-2
£90012/242.15 mi-2
£1,10007/242.15 miRyefield Road, NR143
£1,19506/242.17 miMulbarton3
£87509/242.17 miBromedale Avenue, Mulbarton, NORWICH1
£90009/232.18 mi-2
£99506/242.18 miBromdale Avenue, Mulbarton, NR14 8GG3
£1,55008/242.21 miChurchfields Road4
£69506/242.21 miChurchfields Road,Long Stratton,NR151
£89508/242.22 miSt. Michaels Road, NR152
£80008/242.22 miSt Michaels Road, Long Stratton, NR152
£1,65006/242.26 miHolmes Close4
£1,65008/242.26 miHolmes Close4
£70008/242.27 miThe Street, NR152
£86507/242.32 miThe Street, Long Stratton, Norwich, NR152
£86507/242.32 mi-2
£72503/242.35 miThe Street, NR151
£1,25011/232.36 mi-3
£69512/242.36 mi-1
£1,05003/242.39 mi-3
£1,25006/242.39 miJermyn Way3
£1,15007/242.42 miJermyn Way, Tharston3
£99506/242.42 miWoodyard Close, Mulbarton3
£1,95008/242.43 miFritton4
£1,20007/242.45 miGowing Road, Mulbarton, NR143
£97510/232.45 mi-3
£1,00007/242.46 miMulbarton3
£1,30007/242.48 miNorwich Road, Ashwellthorpe, Norwich2
£1,30007/242.48 miNorwich Road, Ashwellthorpe, Norwich2

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

8.41 miles away

Nearest school

0.60 miles away

Nearest train station

5.84 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £725,000

December 11, 2024

Floor Plans

Description

  • Modern Detached Family Home +
  • Backing onto Open Fields +
  • Ground Floor Underfloor Heating +
  • Sitting Room with Wood Burner +
  • Hall Entrance & Study +
  • Open Plan Kitchen/Dining Space +
  • Four Double Bedrooms +
  • Double Garage & Landscaped Gardens +

SETTING THE SCENE
Occupying a private and exclusive development of just four properties, a shared shingled driveway runs through the development, with the lawned frontage opposite included in the freehold, which has allowed the neighbours to individually create a tree lined frontage with hedging, adding to the privacy that the properties all enjoy. With a part clad exterior, the property offers a striking facade, with a private driveway to the side, where the double garage can be found, complete with a power supply to install an electric car charger. THE GRAND TOUR
With tiled flooring and under floor heating under foot, the front vestibule opens to the main hall entrance, with the hand crafted solid wood stairs rising in front of you, with a storage cupboard below. Doors lead off to all the ground floor rooms, starting with the carpeted study which enjoys views to the front. Adjacent is the W.C which has been designed with a contemporary white two piece suite with storage under the sink unit, tiled splash backs and flooring. The utility room is the perfect laundry room, also complete with a useful side access onto the driveway. With granite work surfaces and space for laundry appliances, there is ample cupboard space and a cupboard housing the heating system. The sitting room has been designed to create a spacious but cosy sitting room, centred on the wood burner which allows for a beautiful warm feeling during the winter months. In summer, the bi-folding doors can be open, allowing the outside patio to become part of the living space. The kitchen/dining room is also an extension of the living space, sized to allow for a busy kitchen area, dining and sitting. The L-shape layout is perfect for a large built-in kitchen area with granite work surfaces, an integrated dishwasher and wine cooler, along with space for a 'Range' style cooker. Tiled flooring with under floor heating runs under foot, with bi-folding doors opening to the patio - enjoying the field views. Upstairs, the galleried landing includes storage, with doors to the four bedrooms. Starting at the front, the double bedroom offers twin built-in wardrobes, and a three piece en suite complete with storage and a heated towel rail. The smallest of the double bedrooms sits to the side, with views to front, with the third bedroom to the rear, also with twin built-in double wardrobes. The main bedroom enjoys field views, and three built-in double wardrobes. The en suite includes a walk-in double shower, built-in storage and a heated towel rail. Lastly, the spacious family bathroom includes a shower over the bath and a wall mounted hand wash basin. FIND US
Postcode : NR15 1AW
What3Words : ///parked.packing.fleet VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: C

Agent Details

Starkings & Watson, Poringland

01508 356456

Next Steps?

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