4 Bed Detached House, Single Let, Norwich, NR15 2LU, £525,000

Broaden Lane, Hempnall, Norwich, NR15 2LU - 3 months ago

BTL
~156 m²
+14 photos

ValuationOvervalued

Sold Prices£188K - £1.2M
Sold Prices/m²£2.1K/m² - £5.2K/m²

 

 

Square Metres

~155.87 m²
Price/m²£3.4K/m²

Value Estimate

£422,779

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£41,200

Total Cash In

£172,450

 

 

Cash Out

 

Rent Range

£1,150 - £1,950

Rent Estimate

£1,150

Running Costs/mo

£1,891

Cashflow/mo

£-741

Cashflow/yr

£-8,887

Gross Yield

3%

Local Sold Prices

39 sold prices from £188K to £1.2M, average is £347K. £2.1K/m² to £5.2K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£440K06/210.38 miBramber House, Mill Road, Hempnall, Norwich, Norfolk NR15 2LP4
£455K04/210.64 miMiddle Barn, 3, Gowing Way, Fritton, Norwich, Norfolk NR15 2LW4
£385K03/211.49 miPittsway House, Pitts Hill, Saxlingham Nethergate, Norwich, Norfolk NR15 1PB4
£606.5K12/221.57 miPrince Of Wales House, The Street, Saxlingham Nethergate, Norwich, Norfolk NR15 1AJ4
£350K10/201.57 miCrispete, Lundy Green, Hempnall, Norwich, Norfolk NR15 2NU4
£567.1K12/231.85 miRusset House, Norwich Road, Saxlingham Nethergate, Norwich, Norfolk NR15 1TP4
£345K05/212.09 mi15, Church Road, Tasburgh, Norwich, Norfolk NR15 1ND4
£320K11/232.11 mi1, Willow Close, Tasburgh, Norwich, Norfolk NR15 1NE4
£1.2M03/212.13 miManor Farm, Rectory Road, Topcroft, Bungay, Norfolk NR35 2BP4
£308.5K10/232.37 mi5, Kingsway, Saxlingham Thorpe, Norwich, Norfolk NR15 1UA4
£188K01/212.43 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£300K07/232.43 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£365K02/212.49 mi8, Eastfield Road, Long Stratton, Norwich, Norfolk NR15 2WN4
£416.5K11/222.5 miRiver Cottage, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£355K11/222.5 miThe Old Bakery, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£315K06/212.52 mi7, Dell Close, Newton Flotman, Norwich, Norfolk NR15 1RG4
£345K03/212.52 mi13, Field Acre Way, Long Stratton, Norwich, Norfolk NR15 2WE4
£400K04/232.53 mi1, Harvey Close, Tasburgh, Norwich, Norfolk NR15 1LS4
£425K10/222.54 mi1, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£330K08/212.54 mi6, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£554K10/232.61 miFreyja, Topcroft Street, Topcroft, Bungay, Norfolk NR35 2BL4
£440K04/232.61 miPilgrim Cottage, Low Road, Tasburgh, Norwich, Norfolk NR15 1LT4
£335K04/212.69 mi1, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY4
£328K09/232.69 mi8, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£296K03/212.69 mi12, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£310K06/212.72 miCordwainers, The Street, Long Stratton, Norwich, Norfolk NR15 2AH4
£485K04/232.72 miThe Cottage, The Common, Shotesham St Mary, Norwich, Norfolk NR15 1YQ4
£335K09/222.73 mi70, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF4
£347K03/212.74 mi94, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF4
£255K06/212.74 miThe Birches, Exchange Road, Newton Flotman, Norwich, Norfolk NR15 1PS4
£282K09/232.75 mi24, St Marys Close, Newton Flotman, Norwich, Norfolk NR15 1AH4
£425K06/212.76 miTudor House, The Street, Long Stratton, Norwich, Norfolk NR15 2XQ4
£322.5K06/232.83 mi7, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN4
£260K12/202.86 mi13, Sewells Close, Newton Flotman, Norwich, Norfolk NR15 1PX4
£375K03/222.88 mi5, Welford Court, Long Stratton, Norwich, Norfolk NR15 2XL4
£301.5K01/212.93 mi7, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF4
£360K04/232.93 mi5, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF4
£520K11/212.96 miRobin Hill, Station Road, Flordon, Norwich, Norfolk NR15 1QR4
£312K09/233 mi29, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR4

Local Rents

4 rents from £1.1K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,95008/240.62 miFritton4
£1,95006/240.76 miScots Bungalow, Hempnall, Norwich4
£1,25006/241.45 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,15003/241.45 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

9.27 miles away

Nearest school

0.30 miles away

Nearest train station

8.39 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £525,000

December 31, 2024

Floor Plans

Description

  • NEW heating system +
  • NEW windows and doors +
  • NEW kitchen +
  • NEW bathrooms +
  • NEW flooring throughout +
  • Re-decorated throughout +
  • Walking distance to village school +
  • Easy commute to Norwich city centre +
  • NO ONWARD CHAIN +
  • PRICE GUIDE £525,000 to £550,000 +

Discover this beautifully refurbished 3-4 bedroom home offering a perfect blend of modern convenience and flexible living, this home is ideal for families or those seeking adaptable accommodation and is offered with NO ONWARD CHAIN. The ground floor is thoughtfully designed, featuring a ground-floor bedroom with en-suite facilities, ideal for guests or multi-generational living. The centerpiece of the home is the spacious kitchen/diner with integrated appliances, solid wood work surfaces and ample space for a family dining table and chairs. This bright and functional space is perfect for cooking, dining, and entertaining and a separate utility room and WC add to the practical features of this floor. The generous L-shaped sitting room offers versatility and comfort, providing ample space for relaxing or hosting gatherings and a further ground floor bedroom/second reception room could be adapted for many uses. Upstairs, you'll find two well-proportioned double bedrooms, one with fitted wardrobes and both finished to a high standard, along with a contemporary family bathroom, ensuring comfort for the whole household. Externally, the property boasts a garage with electric door, additional off-road parking and delightful gardens offering a mix of practicality and outdoor enjoyment. The elevated position gives picturesque views over the village crossroads and war memorial adding to the charm and uniqueness of the home. AGENTS NOTE: Material Information regarding the property can be found in our Key Facts for Buyers interactive brochure located in the Virtual Tour no. 2 thumbnail. SERVICES: 
Drainage - mains
Heating - gas
EPC Rating - C
Council Tax Band D
Tenure - freehold

Anti-Money Laundering Fee Statement -  To comply with HMRC's regulations on Anti-Money Laundering (AML), Whittley Parish are legally required to conduct AML checks on every purchaser(s) once a sale is agreed. We use a government-approved electronic identity verification service from Landmark to ensure compliance, accuracy, and security. This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).   The cost of anti-money laundering (AML) checks is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted. This fee to Whittley Parish is mandatory to comply with HMRC regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.

Agent Details

Whittley Parish, Long Stratton

01508 505536

Next Steps?

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