4 Bed Semi-Detached House, Single Let, Norwich, NR13 3TB, £525,000

Station Road, Reedham, Norfolk, NR13 3TB - 3 months ago

BTL
~129 m²
+21 photos

ValuationOvervalued

Sold Prices£213K - £1.3M
Sold Prices/m²£2.3K/m² - £5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.1K/m²

Value Estimate

£431,950

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£34,700

Total Cash In

£165,950

 

 

Cash Out

 

Rent Range

£750 - £1,500

Rent Estimate

£825

Running Costs/mo

£1,826

Cashflow/mo

£-1,001

Cashflow/yr

£-12,007

Gross Yield

2%

Local Sold Prices

12 sold prices from £213K to £1.3M, average is £431.5K. £2.3K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£340K03/240.02 mi31, Station Road, Reedham, Norwich, Norfolk NR13 3TB4
£1.3M09/211.63 miThe Old Rectory, Church Road, Limpenhoe, Norwich, Norfolk NR13 3JB4
£213K11/201.66 mi1, Bowlers Close, Freethorpe, Norwich, Norfolk NR13 3XE4
£325K06/211.72 mi16, Old Chapel Road, Freethorpe, Norwich, Norfolk NR13 3LU4
£385K12/221.79 mi4, Cantley Road, Limpenhoe, Norwich, Norfolk NR13 3JE4
£490K12/201.87 miThe Cattle Shelter, Manor Farm Barns, The Green, Freethorpe, Norwich, Norfolk NR13 3NY4
£425K09/232.07 miChapelfield House, Church Road, Wickhampton, Norwich, Norfolk NR13 3PE4
£475K05/232.12 mi32, Loddon Road, Norton Subcourse, Norwich, Norfolk NR14 6RT4
£438K03/212.45 mi11, Burnt House Road, Cantley, Norwich, Norfolk NR13 3RT4
£270K01/232.6 mi18, College Road, Thurlton, Norwich, Norfolk NR14 6QZ4
£490K10/232.71 miThe Cottage, Yarmouth Road, Thorpe Next Haddiscoe, Norwich, Norfolk NR14 6PU4
£465K02/212.93 miLangley Cottage, Langley Street, Langley, Norwich, Norfolk NR14 6AD4

Local Rents

13 rents from £750/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95006/240.14 miStation Drive, Reedham, Norwich2
£1,10006/240.28 miStation Road, Reedham2
£92507/240.35 miReedham2
£89506/240.39 miRiverside, Reedham2
£82507/241.02 miLimpenhoe2
£1,49507/241.46 miLow Road, Norton Subcourse4
£82507/241.57 miLimpenhoe3
£95007/241.71 miPearsons Close, Freethorpe, Norwich3
£75008/241.87 miThe Green, Freethorpe, Norwich1
£1,35006/241.98 miSutton Crescent, NR134
£1,35006/241.98 miSutton Crescent, NR134
£1,50007/242.22 miThe Street4
£1,20006/242.24 mi-3

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

12.44 miles away

Nearest school

0.50 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £525,000

February 16, 2025

Price changed to £550,000

January 27, 2025

Listed for £575,000

January 1, 2025

Sold for £235,000

2021

Floor Plans

Description

  • FOUR BEDROOMS +
  • OFF-ROAD PARKING +
  • EN-SUITE TO PRINCIPAL +
  • CLOSE TO REEDHAM TRAIN STATION +
  • VILLAGE LOCATION WITH AMENITIES +
  • RENOVATED SEMI-DETACHED HOME +
  • BALCONY WITH COUNTRYSIDE VIEWS +
  • BRIGHT AND SPACIOUS ACCOMMODATION +
  • OPEN PLAN LOUNGE, KITCHEN AND DINING AREAS +

Situated on the northern banks of the meandering River Yare, this recently renovated semi-detached family home located in the Norfolk Broads village of Reedham, benefitting from nearby amenities including nursery and primary school, a village shop, doctors surgery and The Lord Nelson, The Ship and Reedham Ferry Inn public houses.

Enjoying a countryside setting, the property is set back from the road and is approached over a shared shingle driveway which leads to a further area for off-road parking. Beyond, a garden laid to lawn with views over the wetlands can be admired from a paved seating, ideal for alfresco dining with friends or family, or from a balcony above from the principal bedroom. Beautifully presented throughout, the entrance hall opens out to an open plan living accommodation comprising of a kitchen diner, with an adjoining utility room. Beyond, a spacious lounge with double doors that opens out to countryside views. The ground floor further benefits from a family bathroom. To the first floor, four bedrooms, all with built-in storage and the principal with an en-suite shower room and an additional family shower room complete the accommodation.

Life at the property is further complimented by its proximity to Reedham train station, with links to the city of Norwich, with its excellent retail therapy, restaurants, nightlife and extensive historical interest, or to the sandy shoreline of Great Yarmouth for a beach day adventure.

Agent Details

Stobart & Hurrell, Wroxham

01603 361930

Next Steps?

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