3 Bed Terraced House, Single Let, Norwich, NR7 0PE, £240,000

Charles Avenue, Thorpe St Andrew, Norwich, Norfolk, NR7 0PE - 2 views - 4 months ago

BTL
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£158K - £555K
Sold Prices/m²£1.9K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,700

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£975 - £2,500

Rent Estimate

£997

Running Costs/mo

£969

Cashflow/mo

£28

Cashflow/yr

£331

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £158K to £555K, average is £277K. £1.9K/m² to £6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£276.5K11/230.01 mi56, Charles Avenue, Norwich, Norfolk NR7 0PE3
£188K11/200.06 mi20, South Hill Road, Norwich, Norfolk NR7 0PQ3
£220K02/210.06 mi40, South Hill Road, Norwich, Norfolk NR7 0PQ3
£300K02/210.06 mi34, South Hill Road, Norwich, Norfolk NR7 0PQ3
£180K06/240.06 mi22, South Hill Road, Norwich, Norfolk NR7 0PQ3
£275K04/230.07 mi7, Oak Avenue, Norwich, Norfolk NR7 0PD3
£255K06/230.07 mi9, Oak Avenue, Norwich, Norfolk NR7 0PD3
£238K04/210.09 mi74, Charles Avenue, Norwich, Norfolk NR7 0PF3
£345K07/240.09 mi101, Charles Avenue, Norwich, Norfolk NR7 0PF3
£385K10/230.09 mi98, Charles Avenue, Norwich, Norfolk NR7 0PF3
£274K07/240.09 mi83, Charles Avenue, Norwich, Norfolk NR7 0PF3
£270K03/240.11 mi40, Laundry Lane, Thorpe St Andrew, Norwich, Norfolk NR7 0XF3
£220K02/210.12 mi50, Spinney Road, Norwich, Norfolk NR7 0PL3
£280K08/230.12 mi39, Spinney Road, Norwich, Norfolk NR7 0PL3
£290K08/240.13 mi51, Spinney Road, Norwich, Norfolk NR7 0PL3
£335K08/240.13 mi2, Charles Avenue, Norwich, Norfolk NR7 0PA3
£242.5K08/210.16 mi55, South Hill Road, Norwich, Norfolk NR7 0NG3
£277.5K03/210.17 mi4, Birkbeck Way, Norwich, Norfolk NR7 0XZ3
£365K05/230.17 mi8, St Catherines Road, Norwich, Norfolk NR7 0XR3
£315K02/210.19 mi6, Acacia Road, Norwich, Norfolk NR7 0PP3
£310K08/210.19 mi18, Acacia Road, Norwich, Norfolk NR7 0PP3
£235K05/210.19 mi20, Acacia Road, Norwich, Norfolk NR7 0PP3
£276.5K02/210.21 mi42, Thorpe Avenue, Norwich, Norfolk NR7 0XA3
£281K03/210.21 mi11, Thorpe Avenue, Norwich, Norfolk NR7 0XA3
£220K04/210.22 mi14, Elizabeth Avenue, Norwich, Norfolk NR7 0YF3
£255K11/210.22 mi2, Elizabeth Avenue, Norwich, Norfolk NR7 0YF3
£390K06/230.24 mi54d, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR3
£355K07/230.24 mi64, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR3
£158K05/240.27 mi38, Gargle Hill, Norwich, Norfolk NR7 0XX3
£158K05/240.27 mi38, Gargle Hill, Norwich, Norfolk NR7 0XX3
£555K06/230.29 mi187, Thunder Lane, Norwich, Norfolk NR7 0JF3
£270.1K02/210.29 mi62, Laundry Lane, Thorpe St Andrew, Norwich, Norfolk NR7 0XQ3
£325K07/230.29 mi60, Laundry Lane, Thorpe St Andrew, Norwich, Norfolk NR7 0XQ3
£288K08/230.3 mi16, Longfields Road, Norwich, Norfolk NR7 0NB3
£420K03/230.32 mi133, Thunder Lane, Norwich, Norfolk NR7 0JG3
£285.5K12/210.34 mi140, St Williams Way, Norwich, Norfolk NR7 0AR3
£267.5K12/230.34 mi39, Booty Road, Norwich, Norfolk NR7 0NF3
£364.5K12/220.35 mi54, Eastern Road, Norwich, Norfolk NR7 0UJ3
£240K01/210.35 mi146, Thunder Lane, Norwich, Norfolk NR7 0AB3
£365K11/200.36 mi269, Thunder Lane, Norwich, Norfolk NR7 0JA3
£525K10/210.36 mi217, Thunder Lane, Norwich, Norfolk NR7 0JA3
£220K01/230.37 mi18, Thor Road, Norwich, Norfolk NR7 0JS3
£205K12/200.37 mi62, Furze Road, Norwich, Norfolk NR7 0AT3
£250K07/210.37 mi61, Furze Road, Norwich, Norfolk NR7 0AT3
£344K09/230.37 mi84, Furze Road, Norwich, Norfolk NR7 0AT3
£217K04/240.37 mi60, Furze Road, Norwich, Norfolk NR7 0AT3
£345K05/230.37 mi119, St Williams Way, Norwich, Norfolk NR7 0AN3
£375K06/210.38 mi46, Furze Road, Norwich, Norfolk NR7 0AS3
£295K09/230.38 mi12, Furze Road, Norwich, Norfolk NR7 0AS3
£245K12/200.38 mi30, Thor Road, Norwich, Norfolk NR7 0JS3

Local Rents

37 rents from £975/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.08 miSouth Hill Road, Norwich, Norfolk, NR73
£1,30006/240.22 miHansell Road, Thorpe St Andrew, NR73
£1,40004/250.35 mi-3
£1,35012/240.41 miFurze Road, Norwich, NR73
£1,35012/240.42 miBroom Avenue, Thorpe St. Andrew, Norwich, Norfolk, NR73
£1,25006/240.49 miHillcrest Road, Thorpe St Andrew, NR73
£1,20012/240.6 mi-3
£97506/240.64 miYarmouth Road, Norwich, Norfolk, NR73
£1,15003/240.66 mi-3
£1,25006/240.66 miNewcastle Close, Norwich, NR73
£1,03512/240.68 mi-3
£1,05003/250.68 mi-3
£99512/240.68 miAerodrome Crescent, Thorpe St Andrew, NR73
£1,19512/240.78 miBunyan Close, Norwich, Norfolk, NR73
£1,15006/240.79 miDesborough Way, NR73
£1,25012/240.87 miMaidens Close, Norwich, NR7 0RS3
£1,25012/240.89 mi-3
£1,20006/240.94 miHarvey Lane, NORWICH3
£1,20006/240.96 mi-3
£2,50012/240.96 mi-3
£2,50012/240.96 miWest Wing, Norwich, NR73
£1,10012/240.99 miSale Road, Norwich3
£1,40008/241.01 miSycamore Avenue, Rackheath, NR133
£1,40004/251.07 mi-3
£1,00006/241.09 miHeath Road, Thorpe End, NR133
£1,57507/241.12 miOstler Road, Norwich, Norfolk, NR133
£1,62507/241.12 miOstler Road, Norwich, Norfolk, NR133
£1,57508/241.12 miOstler Road, Norwich, Norfolk, NR133
£1,57508/241.12 miOstler Road, Norwich, Norfolk, NR133
£1,05002/241.15 mi-3
£1,20012/241.15 mi-3
£1,00006/241.15 miWormersley Road, Norwich3
£1,15012/241.18 miHilary Avenue, Norwich, NR13
£1,15006/241.19 miHilary Avenue, Norwich3
£1,65007/241.2 miHumprey Way, Norwich, Norfolk, NR133
£1,57508/241.23 miMetcalf Road, Norwich, Norfolk, NR133
£1,57509/241.23 mi64 Metcalf Road, Norwich, Norfolk, NR133

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.43 miles away

Nearest school

0.30 miles away

Nearest train station

1.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £240,000

March 20, 2025

Listed for £250,000

December 26, 2024

Sold for £48,000

1999

Floor Plans

Description

  • Three Bedroom End Terrace Home +
  • Well Presented Throughout +
  • Move In Ready +
  • Sizeable Lounge Filled With Natural Light +
  • Three Well Proportioned Bedrooms Found Off Landing +
  • Recently Modernised Shower Room +
  • Must See Rear Garden +
  • Driveway Providing Ample Off Road Parking +
  • Highly Sought After Location Of Thorpe St Andrew +
  • Within Walking Distance Of A Host Of Local Amenities +

This three bedroom end of terrace home is ideal for any potential purchasers looking for a home ready to move straight into. This impressive residence is perfectly positioned close to local amenities and schools, convenient living doesn’t get better than this!

As you approach this home you are greeted by a sizeable driveway which provides ample off-road parking for multiple vehicles. The rear garden is a must see! It's generous size & high level of privacy is what sets this home apart from the rest. The garden comes complete with a patio/decking area to the rear of the property ideal for entertaining. The remainder of the garden is taken up by a manicured rear lawn as well as multiple storage sheds.

The entrance hall provides an ideal space for shoes & coats and leads you into the lounge which offers a cosy yet spacious feel and is home to a fireplace housing an electric fire! The kitchen can be found to the rear of the property & enjoys views out onto the private garden! The kitchen has been well maintained & provides ample storage, work space & dining space. The shower room can also be found to the rear of the property and comprises of a walk in shower rounding off the ground floor accommodation on offer.

All three well proportioned bedrooms can be found off the landing. The main bedroom is a terrific size measuring over 14ft in width. Bedrooms two and three are again located at the rear of the property and are used as a guest room & study space respectively - ideal for those looking to work from home. Interest levels are expected to high and viewing early will be essential to avoid disappointment.

Located in the sought after suburb of Thorpe St Andrew this home is sure to prove popular. Home to a range of local amenities including shops, schools, supermarkets & pubs homes in this location tend to sell quickly, one not to miss.

Council Tax Band - B
Local Authority – Broadland District Council
We have been advised that the property is connected to mains water, electricity and gas central heating.

Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only. All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract. No Winkworth employee has authority to make or give any representation or warranty in relation to this property. All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings. The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.

Agent Details

Winkworth, Eaton

01603 361730

Next Steps?

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