3 Bed Bungalow, Single Let, Norwich, NR6 7RG, £260,000

Parkland Road, Norwich, NR6 7RG - 3 months ago

Sold STC
BTL
~93 m²

ValuationUndervalued

Sold Prices£140K - £500K
Sold Prices/m²£2.3K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£304,422
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£995 - £1,750

Rent Estimate

£1,050

Running Costs/mo

£1,043

Cashflow/mo

£8

Cashflow/yr

£90

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £140K to £500K, average is £280K. £2.3K/m² to £5.4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£216K12/200.08 mi41, Meadow Gardens, Norwich, Norfolk NR6 7RJ3
£330K11/220.15 mi74, School Lane, Sprowston, Norwich, Norfolk NR7 8TQ3
£384K11/220.15 mi28, Spixworth Road, Norwich, Norfolk NR6 7NF3
£360K12/200.16 mi27, Clabon Road, Norwich, Norfolk NR3 4HG3
£300K12/220.16 mi43, Clabon Road, Norwich, Norfolk NR3 4HG3
£355K03/240.16 mi27, School Lane, Sprowston, Norwich, Norfolk NR7 8TB3
£255K11/200.16 mi32, School Lane, Sprowston, Norwich, Norfolk NR7 8TB3
£395.5K12/220.17 mi33, Denton Road, Norwich, Norfolk NR3 4DP3
£217K01/210.17 mi18, Denton Road, Norwich, Norfolk NR3 4DP3
£242K05/210.17 mi29, Denton Road, Norwich, Norfolk NR3 4DP3
£265K07/240.19 mi12, Chartwell Court, Norwich, Norfolk NR7 8TS3
£405K05/230.19 mi11, Spixworth Road, Norwich, Norfolk NR6 7NE3
£322K06/210.2 mi17, Tusting Close, Norwich, Norfolk NR7 8TD3
£285K11/230.2 mi20, Tusting Close, Norwich, Norfolk NR7 8TD3
£275K01/230.21 mi4, George Hill, Norwich, Norfolk NR6 7DE3
£190K09/230.21 mi52, North Walsham Road, Norwich, Norfolk NR6 7QB3
£340K02/210.21 mi180, Constitution Hill, Norwich, Norfolk NR3 4HB3
£335K11/200.23 mi49, Constitution Hill, Norwich, Norfolk NR3 4HA3
£245K08/230.23 miNeville House, Neville Close, Norwich, Norfolk NR7 8DT3
£272K06/230.24 mi47, North Walsham Road, Norwich, Norfolk NR6 7QA3
£450K12/220.25 mi20a, Colkett Drive, Old Catton, Norwich, Norfolk NR6 7ND3
£500K08/230.26 mi9a, St Clements Hill, Norwich, Norfolk NR3 4DE3
£215K10/230.27 mi27, Neville Road, Norwich, Norfolk NR7 8DS3
£190K06/230.27 mi67, Shipfield, Norwich, Norfolk NR3 4DT3
£274K07/230.27 mi16, Dixons Fold, Norwich, Norfolk NR6 7QD3
£242.4K05/210.27 mi14, Dixons Fold, Norwich, Norfolk NR6 7QD3
£278K10/220.27 mi14, Dixons Fold, Norwich, Norfolk NR6 7QD3
£260K01/240.29 mi41, Dovedales, Norwich, Norfolk NR6 7QE3
£240K10/220.29 mi4, Dovedales, Norwich, Norfolk NR6 7QE3
£240K04/230.29 mi86, North Walsham Road, Norwich, Norfolk NR6 7QF3
£202.2K03/240.29 mi90, North Walsham Road, Norwich, Norfolk NR6 7QF3
£270K07/210.3 mi2, Jubilee Road, Norwich, Norfolk NR7 8EA3
£220K04/230.3 mi565, Sprowston Road, Norwich, Norfolk NR3 4AD3
£347.5K03/230.31 mi68, Mansel Drive, Norwich, Norfolk NR6 7NB3
£183K02/210.32 mi2, Lorraine Gardens, Norwich, Norfolk NR3 4DH3
£415K01/240.32 mi8, Terence Avenue, Norwich, Norfolk NR7 8EH3
£375K08/210.32 mi3, Carterford Drive, Norwich, Norfolk NR3 4DW3
£375K08/210.32 mi3, Carterford Drive, Norwich, Norfolk NR3 4DW3
£267.5K07/240.33 mi29, The Warren, Old Catton, Norwich, Norfolk NR6 7NN3
£280K10/200.33 mi6, Breydon Road, Norwich, Norfolk NR7 8EE3
£320K10/230.33 mi2, Breydon Road, Norwich, Norfolk NR7 8EE3
£350K10/200.33 mi39, Wall Road, Norwich, Norfolk NR3 4HJ3
£365K12/200.33 mi27, Wall Road, Norwich, Norfolk NR3 4HJ3
£280K03/210.33 mi94, Spixworth Road, Norwich, Norfolk NR6 7NG3
£330K08/230.34 mi26, Moore Avenue, Norwich, Norfolk NR6 7LA3
£140K07/210.34 mi155, Templemere, Norwich, Norfolk NR3 4EE3
£325K08/230.35 mi4, Wall Road, Norwich, Norfolk NR3 4HW3
£325K11/230.35 mi54, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EJ3
£280K06/210.35 mi23, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EJ3
£202.6K07/210.35 mi8, Mousehold Lane, Norwich, Norfolk NR7 8HF3

Local Rents

10 rents from £995/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.21 mi-3
£1,20008/240.22 mi-3
£1,20007/240.22 miShipfield, Norwich, NR33
£1,20002/250.36 mi-3
£1,25007/240.46 miAylesbury Close, Norwich3
£1,30012/240.47 miNorth Walsham Road, Norwich3
£1,60006/240.53 miTillett Road, NR3 4BJ3
£99506/240.55 miRostwold Way, Norwich, Norfolk3
£1,20003/250.59 mi-3
£1,15008/240.62 miNorth Norwich3

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

1.10 miles away

Nearest school

0.40 miles away

Nearest train station

1.87 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £260,000

December 26, 2024

Floor Plans

Description

  • NO ONWARD CHAIN! +
  • Garage and off road parking +
  • Sought after location +
  • Three double bedrooms +
  • Enclosed garden +

SUMMARY
**NO ONWARD CHAIN!**This spacious THREE BEDROOM DETACHED BUNGALOW is situated in the popular NR6 postcode just to the North of Norwich city centre and would make a fantastic family home or investment purchase. *VIEWINGS ARE HIGHLY RECOMMENDED NOT TO MISS OUT ON THIS FANTASTIC BUNGALOW!*

DESCRIPTION
This spacious THREE BEDROOM DETACHED BUNGALOW is situated in the popular NR6 postcode just to the North of Norwich city centre. The property would make a fantastic family home or investment purchase and benefits from three double bedrooms, a garage, off road parking, has an enclosed rear garden and is being sold with the added benefit of having NO ONWARD CHAIN!

Accommodation comprises of entrance hall, lounge/diner, kitchen, utility room, bathroom and three bedrooms. To the front is a path to the front door with a lawned area, garage and off road parking. To the rear is a fully enclosed garden mainly paved with a door into the garage, a shed and a gate to front. *VIEWINGS ARE HIGHLY RECOMMENDED NOT TO MISS OUT ON THIS FANTASTIC BUNGALOW!*

Entrance Hall 
Double glazed door to the front aspect, storage cupboard, carpeted flooring and loft access.

Lounge/Diner 21' 8" x 11' 11" ( 6.60m x 3.63m )
Double glazed windows to the front & side aspects, carpeted flooring, radiator and TV point.

Bedroom 3 11' 4" x 10' 10" ( 3.45m x 3.30m )
Double glazed window to the rear aspect, carpeted flooring, radiator and built in wardrobes.

Kitchen 11' 8" x 9' 7" ( 3.56m x 2.92m )
Double glazed window to the rear aspect, stainless steel 1 size bowl sink, space for a washing machine & fridge/freezer, wall & base units with work surfaces over and pantry.

Utility Room 8' 9" x 4' 11" ( 2.67m x 1.50m )
Tiled flooring and double glazed sliding doors leading to the garden.

Bedroom 1 11' 7" x 11' 4" ( 3.53m x 3.45m )
Double glazed window to the side aspect, radiator, carpeted flooring and storage cupboard.

Bedroom 2 11' 11" x 8' 10" ( 3.63m x 2.69m )
Double glazed windows to the front & side aspects, storage cupboard, carpeted flooring and radiator.

Bathroom 
Double glazed window to the rear aspect, bath with shower over, wash hand basin, W/C and vinyl flooring.

Exterior 
To the front is a path to the front door, a lawned area, a garage and off road parking. To the rear is a fully enclosed garden mainly paved with a door into the garage, a shed and gate to front.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Norwich

01603 361933

Next Steps?

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