3 Bed Semi-Detached House, Single Let, Norwich, NR7 8DA, £270,000

St. Margarets Drive, Sprowston, Norwich, NR7 8DA - 3 months ago

Sold STC
BTL
~93 m²
+19 photos

ValuationUndervalued

Sold Prices£170K - £25.5M
Sold Prices/m²£2K/m² - £307.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£305,753
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£1,100

Running Costs/mo

£1,084

Cashflow/mo

£16

Cashflow/yr

£195

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £170K to £25.5M, average is £265K. £2K/m² to £307.2K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£285K07/230.03 mi54, St Margarets Drive, Norwich, Norfolk NR7 8DA3
£270K11/200.04 mi15, Church Green, Norwich, Norfolk NR7 8BA3
£350K08/230.07 mi63, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£260K08/230.07 mi96, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£250K12/200.1 mi21, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£360K09/210.1 mi37, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£223K12/230.13 mi10, Blenheim Road, Norwich, Norfolk NR7 8AH3
£182K12/200.13 mi32, Church View Close, Norwich, Norfolk NR7 8QA3
£208K02/210.14 mi12, Church View Close, Norwich, Norfolk NR7 8QA3
£262K10/220.14 mi40, Church View Close, Norwich, Norfolk NR7 8QA3
£213K06/230.14 mi9, Church View Close, Norwich, Norfolk NR7 8QA3
£175.5K11/230.14 mi1, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.14 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.14 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£300K07/210.16 mi6, Chenery Drive, Norwich, Norfolk NR7 8RR3
£325K04/210.17 mi60, Blenheim Road, Norwich, Norfolk NR7 8AJ3
£280K11/220.17 mi125, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3
£265K11/230.17 mi101, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3
£270K11/200.18 mi70, St Marys Grove, Norwich, Norfolk NR7 8DL3
£170K11/200.2 mi34, Stonehouse Road, Norwich, Norfolk NR7 8AR3
£260K11/230.21 mi72, Blenheim Road, Norwich, Norfolk NR7 8AL3
£290K09/230.25 mi93, Cozens Hardy Road, Norwich, Norfolk NR7 8QQ3
£310K01/210.28 mi43, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£265K03/210.28 mi53, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£295K08/230.28 mi9, Sparhawk Close, Norwich, Norfolk NR7 8BT3
£292K06/210.28 mi21, Parana Road, Norwich, Norfolk NR7 8BJ3
£281.5K05/230.29 mi105, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RQ3
£370K01/210.3 mi148, Wroxham Road, Norwich, Norfolk NR7 8EZ3
£173K12/200.3 mi67, Stonehouse Road, Norwich, Norfolk NR7 8AS3
£252.5K06/210.32 mi42, Foxburrow Road, Norwich, Norfolk NR7 8QX3
£280K06/230.35 mi15, Martin Close, Norwich, Norfolk NR7 8PA3
£372.5K02/240.35 mi36, Martin Close, Norwich, Norfolk NR7 8PA3
£317K06/230.35 mi16, Rushmore Road, Norwich, Norfolk NR7 8QR3
£360.5K09/230.35 mi8, Rushmore Road, Norwich, Norfolk NR7 8QR3
£320K02/240.35 mi33, Cozens Hardy Road, Norwich, Norfolk NR7 8QF3
£25.5M11/210.37 mi23, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£275K01/230.37 mi25, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£225K01/240.37 mi10, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£216K03/210.38 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£216K03/210.38 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£260K02/240.38 mi16, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£237K10/200.4 mi4, Trendall Road, Norwich, Norfolk NR7 8BL3
£220K05/210.4 mi25, Trendall Road, Norwich, Norfolk NR7 8BL3
£220K11/210.4 mi62, Blue Boar Lane, Norwich, Norfolk NR7 8RT3
£310K08/210.41 mi1, Adams Road, Norwich, Norfolk NR7 8QT3
£265K05/240.43 mi35, Tiercel Avenue, Norwich, Norfolk NR7 8JN3
£248K04/210.44 mi18, Varvel Avenue, Norwich, Norfolk NR7 8JH3
£248K04/210.44 mi18, Varvel Avenue, Norwich, Norfolk NR7 8JH3
£288.5K08/210.45 mi10, Foxburrow Road, Norwich, Norfolk NR7 8QU3
£257K06/240.45 mi25, Edwards Road, Norwich, Norfolk NR7 8QW3

Local Rents

21 rents from £1.1K/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.15 mi-3
£1,10006/240.26 miCranes Croft Road3
£1,05012/240.38 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,25006/240.6 miLarch Close, Sprowston, Norwich, Norfolk, NR73
£1,15012/240.6 miCere Road, Norwich3
£1,25012/240.61 miCannerby Lane, NORWICH3
£1,30012/240.64 miNorth Walsham Road, Norwich3
£1,29512/240.72 miCannerby Lane, Norwich, Norfolk, NR73
£1,35001/250.73 mi-3
£1,19002/250.83 mi-3
£1,75012/240.91 mi-3
£1,40006/240.91 miThree Corner Drive, Norwich3
£1,05003/250.92 mi-3
£1,05006/240.93 miSpixworth Road, Old Catton, Norwich, NR63
£1,40006/240.98 miRandall Road, Sprowston, NR73
£1,20001/250.99 mi-3
£1,10012/241.04 miSale Road, Norwich3
£1,20008/241.05 mi-3
£1,20007/241.05 miShipfield, Norwich, NR33
£1,20012/241.16 miPriors Drive, Norwich3
£1,30012/241.17 mi-3

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.06 miles away

Nearest school

0.30 miles away

Nearest train station

2.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £270,000

December 26, 2024

Sold for £228,000

2020

Sold for £148,000

2012

Floor Plans

Description

  • Semi-Detached House +
  • Fantastic Decorative Order Throughout +
  • Generous 15' Sitting Room +
  • Kitchen/Dining Room Leading To Garden Terrace +
  • Three Bedrooms +
  • Four Piece Family Bathroom +
  • Off Road Parking & Driveway +
  • Private & Enclosed Rear South-Facing Garden +

IN SUMMARY
Presented in fantastic condition throughout, this SEMI-DETACHED HOUSE is tucked away at the end of a quiet CUL-DE-SAC with ample OFF ROAD PARKING leading towards a detached BRICK GARAGE. As you step through the PORCH ENTRANCE the property opens up to offer a WELL-LIT 15' SITTING ROOM leading into an open KITCHEN/DINING ROOM with INTEGRATED APPLIANCES. The first floor landing gives way to all THREE BEDROOMS within this versatile home as well as the FOUR PIECE FAMILY BATHROOM suite. The south-facing garden has been lovingly LANDSCAPED with functionality and inclusiveness in mind with a raised wooden deck/terrace all fully covered leading down to a lawn and patio garden, ideal for hosting family and friends or simply to relax in privacy.

SETTING THE SCENE
The property is located at the end of a very quiet and popular cul-de-sac with a large shingle driveway allowing for parking of multiple vehicles and a small grass frontage. Access to the property is found through the front door with separate access towards the garage into the rear garden through a timber swinging gate . THE GRAND TOUR
As you step indoors you are first met with a porch entrance, the ideal space for slipping off coats and shoes before heading into the property. Turning to your right, this welcoming home opens into an incredibly well lit and conventionally sized sitting room with large carpeted floor space allowing for a choice in potential layouts of soft furnishings with uPVC double glazed window to the front of the home featuring a wall mounted radiator below. Stepping beyond the stairs for the first floor you will find yourself within the kitchen/dining room currently housing an array of wall and base mounted storage units set around rolled edge work surfaces that give way to integrated cooking appliances including a four ring gas hob with electric oven and extraction above. The tiled floor space initially offers you room for a formal dining table whilst a door takes you directly onto the rear garden terrace. The first floor landing grants access to all three bedrooms on the first floor as well as the four piece family bathroom suite with a predominantly tiled surround featuring a wall mounted radiator, corner shower unit and frosted glass window into the rear garden. The larger of the three bedrooms comes towards the front of the home, all neatly decorated with carpeted flooring allowing space for a double bed and featuring built in wardrobes. The second bedroom is sat towards the rear of the home overlooking the rear gardens with all wooden effect flooring underfoot and a radiator below the double glazed window which again features built in wardrobes. The smaller of the three bedrooms is currently used as a home office occupying a front facing aspect, this room also has wooden effect flooring underfoot and could make a potential single bedroom or nursery if so desired. FIND US
Postcode : NR7 8DA
What3Words : ///neon.jazz.hurray

VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: C

Agent Details

Starkings & Watson, Norfolk & Suffolk

03300 433910

Next Steps?

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