2 Bed Bungalow, Single Let, Norwich, NR15 2PL, £210,000

St James Way, Long Stratton, NR15 2PL - 4 months ago

Sold STC
BTL
~69 m²
+6 photos

ValuationUndervalued

Sold Prices£148.5K - £300K
Sold Prices/m²£2.3K/m² - £4.3K/m²

 

 

Square Metres

~68.76 m²
Price/m²£3.1K/m²

Value Estimate

£231,026
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£688

Running Costs/mo

£814

Cashflow/mo

£-126

Cashflow/yr

£-1,510

Gross Yield

4%

Local Sold Prices

49 sold prices from £148.5K to £300K, average is £195K. £2.3K/m² to £4.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£200K09/210.03 mi93, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£166K10/220.03 mi100, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£227K10/220.03 mi67, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£220K09/230.03 mi94, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£190K05/210.03 mi75, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£182K03/210.03 mi90, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£170K04/210.03 mi88, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£148.5K02/210.03 mi148, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£205K12/210.05 mi10, St Davids Close, Long Stratton, Norwich, Norfolk NR15 2PP2
£196K06/210.06 mi106, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£185K12/220.06 mi4, St Davids Close, Long Stratton, Norwich, Norfolk NR15 2PP2
£160K05/240.1 miCherry Tree Cottage, The Street, Long Stratton, Norwich, Norfolk NR15 2AH2
£170K09/230.1 mi40, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN2
£250K10/220.17 mi41, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£175K02/210.17 mi4, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£210K05/230.17 mi9, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£215K01/240.17 mi22, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£185K02/210.22 mi60, Hill Farm Road, Long Stratton, Norwich, Norfolk NR15 2WA2
£185K02/210.22 mi60, Hill Farm Road, Long Stratton, Norwich, Norfolk NR15 2WA2
£205K08/230.22 mi5, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY2
£190K02/210.25 mi5, Poplar Close, Long Stratton, Norwich, Norfolk NR15 2WX2
£220K08/230.25 mi18, Poplar Close, Long Stratton, Norwich, Norfolk NR15 2WX2
£215K03/220.25 mi45, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£235K03/230.25 mi37, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£212K10/220.25 mi1b, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£249K04/230.35 mi30, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR2
£227K08/230.35 mi12, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR2
£205K05/230.36 mi4, Snape Hall Road, Long Stratton, Norwich, Norfolk NR15 2XX2
£210.9K02/230.43 mi13, Sweet Briar Road, Long Stratton, Norwich, Norfolk NR15 2PU2
£182.5K09/230.43 mi5, John Hill Close, Long Stratton, Norwich, Norfolk NR15 2PT2
£179K05/210.45 mi2, Merryweather Close, Long Stratton, Norwich, Norfolk NR15 2YZ2
£190K11/220.47 mi12, St Leger, Long Stratton, Norwich, Norfolk NR15 2SY2
£210K11/220.47 mi18, St Leger, Long Stratton, Norwich, Norfolk NR15 2SY2
£170K11/210.5 mi3, St Nicholas Close, Long Stratton, Norwich, Norfolk NR15 2JQ2
£189K07/230.5 mi15, St Nicholas Close, Long Stratton, Norwich, Norfolk NR15 2JQ2
£177.5K05/210.5 mi17, Glebe Close, Long Stratton, Norwich, Norfolk NR15 2TZ2
£208K11/200.51 mi20, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU2
£186.5K02/240.51 mi59, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£186.5K02/240.51 mi59, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£187K12/230.51 mi56, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£180K11/210.51 mi67, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£195K11/220.55 mi69, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£188K06/210.57 mi2, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£194.6K10/200.57 mi12, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£240K09/230.57 mi40, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£195K04/220.57 mi10, Spinney Close, Long Stratton, Norwich, Norfolk NR15 2SX2
£210K06/210.57 mi16, Owens Close, Long Stratton, Norwich, Norfolk NR15 2TX2
£233.5K11/220.65 miLynn Cottage, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF2
£300K08/230.66 mi4, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF2

Local Rents

21 rents from £675/mo to £2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£89508/240.03 miSt. Michaels Road, NR152
£80008/240.03 miSt Michaels Road, Long Stratton, NR152
£70008/240.1 miThe Street, NR152
£85002/250.11 mi-2
£86507/240.12 mi-2
£86507/240.12 miThe Street, Long Stratton, Norwich, NR152
£97506/240.15 miNorwich Road, NR153
£72503/240.16 miThe Street, NR151
£1,55008/240.26 miChurchfields Road4
£69506/240.26 miChurchfields Road,Long Stratton,NR151
£69512/240.27 mi-1
£1,65006/240.28 miHolmes Close4
£1,65008/240.28 miHolmes Close4
£89507/240.35 miManor Park Gardens, Long Stratton, NR152
£67503/240.36 miThe Street, NR151
£97510/230.43 mi-3
£1,25006/240.46 miJermyn Way3
£1,15007/240.47 miJermyn Way, Tharston3
£2,00006/241.14 miWood Green, NR155
£1,50006/241.9 miShelton Spot, Shelton, Norwich, Norfolk, NR154
£1,95008/242.17 miFritton4

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

10.60 miles away

Nearest school

0.20 miles away

Nearest train station

6.94 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £210,000

February 16, 2025

Listed for £220,000

December 12, 2024

Floor Plans

Description

  • No onward chain +
  • Garden room +
  • Walking distance to amenities +
  • Single garage +
  • Over 700 sq ft +
  • Freehold +
  • EPC Rating D +
  • Oil heating +
  • Mains drainage +
  • Council Tax Band B +

The property comprises a two bedroom semi-detached bungalow built of traditional brick and block cavity wall construction under an interlocking tiled roof, with the benefit of upvc double glazed windows and doors, whilst being heated by an oil fired central heating boiler via radiators.  Offering bright and spacious accommodation consisting of an entrance porch, living room, inner hall, kitchen, two bedrooms, bathroom and garden room totalling over over 700 sq ft.
 
Found upon a no-through close being approached via a hardstanding driveway giving off-road parking for multiple vehicles leading to the single garage and with lawn to front.  The main gardens are found to the rear of the property being predominantly laid to lawn with patio area giving excellent space for alfresco dining, all enclosed by brick walling and panel fencing.
 
The bungalow can be found occupying a pleasing position on a small close off St Michaels Road within walking distance of the heart of the village. Long Stratton is a well-established and popular village located within south Norfolk and having an excellent and diverse range of many day to day amenities and facilities including a supermarket, post office, good transport links, public houses, restaurants, Doctors surgery, excellent schooling and a variety of independent shops. For the commuter the city of Norwich is within easy reach being some twelve or so miles to the north whilst the historic market town of Diss is also within easy reach being some eleven miles to the south and with the benefit of a mainline railway station with regular/direct services to London Liverpool Street.

ENTRANCE PORCH
Space for shoes and coats, access to living room.
 
LIVING ROOM: - 5.26m x 3.61m (17'3" x 11'10")
Window to front being a bright and spacious room with access to inner hall.

INNER HALL
Access to kitchen, two bedrooms and bathroom.  Loft space above.

KITCHEN: - 2.67m x 4.60m (8'9" x 15'1")
Two windows to rear, the kitchen offers a good range of wall and floor units, work surfaces, electric oven with four ring hob and extractor above, stainless steel sink with drainer and mixer tap, integrated fridge and freezer, access to garden room.

BEDROOM ONE: - 2.67m x 3.07m (8'9" x 10'1")
With window to front being a double bedroom having built-in wardrobes.

BEDROOM TWO: - 2.69m x 2.67m (8'10" x 8'9")
Window to rear, a double bedroom.

BATHROOM: - 1.78m x 1.60m (5'10" x 5'3")
Window to side, comprising panelled bath with shower over, low level wc and hand wash basin.  Heated towel rail.  Tiled walls.

GARDEN ROOM: - 1.83m x 7.16m (6'0" x 23'6")
Found to the rear of the property being a bright and spacious room with plumbing for washing machine, storage cupboards and work surfaces, giving views and access onto the rear garden.

SERVICES
Drainage - mains
Heating - oil
EPC Rating TBC
Council Tax Band B
Tenure - freehold

Agent Details

Whittley Parish, Long Stratton

01508 505536

Next Steps?

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