4 Bed Semi-Detached House, Planning Permission, Norwich, NR10 3JS, £325,000

Manor Close, Horsham St. Faith, NR10 3JS - 3 months ago

Sold STC
Leasehold
Planning
~129 m²
+19 photos

ValuationFair Value

Sold Prices£250K - £995K
Sold Prices/m²£2K/m² - £8.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.5K/m²

Value Estimate

£328,250

 

 

End Value (After Refurb)

£388,880

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£58,041

Bridging Loan Interest

£8,531

Total Cash In

£164,272

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£388,880

Mortgage (After Refinance)

£291,660

Mortgage LTV

75%

Cash Released

£47,910

Cash Left In

£116,362

Equity

£97,220

Rent Range

£760 - £3,750

Rent Estimate

£1,347

Running Costs/mo

£1,505

Cashflow/mo

£-158

Cashflow/yr

£-1,892

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £995K, average is £350K. £2K/m² to £8.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£480K07/240.31 miThe Mead, Mill Street, Horsham St Faith, Norwich, Norfolk NR10 3LE4
£630K11/220.33 miFlag House, Swan Street, Horsham St Faith, Norwich, Norfolk NR10 3HN4
£350K12/220.36 mi10, St Marys Close, Horsham St Faith, Norwich, Norfolk NR10 3HP4
£287K09/210.43 mi49a, Norwich Road, Horsham St Faith, Norwich, Norfolk NR10 3HH4
£411K11/200.43 mi53, Norwich Road, Horsham St Faith, Norwich, Norfolk NR10 3HH4
£335K11/210.52 mi9, Spixworth Road, Horsham St Faith, Norwich, Norfolk NR10 3JB4
£521.5K06/240.65 mi106, Old Norwich Road, Horsham St Faith, Norwich, Norfolk NR10 3JE4
£375K03/240.72 mi6, Abbey Road, Horsham St Faith, Norwich, Norfolk NR10 3JN4
£550K06/230.82 miThe Lodge, Fairholme Road, Newton St Faith, Norwich, Norfolk NR10 3LL4
£472.5K03/230.82 mi28, Fairholme Road, Newton St Faith, Norwich, Norfolk NR10 3LL4
£490K07/231.51 miThree Ways, Newton Road, Hainford, Norwich, Norfolk NR10 3LZ4
£303K06/211.54 mi20, Bracken Close, Horsford, Norwich, Norfolk NR10 3RQ4
£500K11/221.57 mi1, Oak Grove, Horsford, Norwich, Norfolk NR10 3DR4
£390K07/211.62 mi11, Crostwick Lane, Spixworth, Norwich, Norfolk NR10 3PE4
£390K07/211.62 mi11, Crostwick Lane, Spixworth, Norwich, Norfolk NR10 3PE4
£995K06/231.62 miWestoby House, Frettenham Road, Frettenham, Norwich, Norfolk NR12 7LZ4
£300K03/231.65 mi31, Angela Crescent, Horsford, Norwich, Norfolk NR10 3HE4
£368K12/201.66 mi4a, Corner Lane, Horsford, Norwich, Norfolk NR10 3DG4
£541.5K03/211.66 mi4, Corner Lane, Horsford, Norwich, Norfolk NR10 3DG4
£343K10/231.72 mi27, Park Road, Spixworth, Norwich, Norfolk NR10 3PJ4
£372K06/211.72 mi2, Park Road, Spixworth, Norwich, Norfolk NR10 3PJ4
£375K11/221.73 mi14, Meadow Way, Horsford, Norwich, Norfolk NR10 3SD4
£422.5K06/211.73 mi29, Meadow Way, Horsford, Norwich, Norfolk NR10 3SD4
£337.5K02/231.73 mi15, Meadow Way, Horsford, Norwich, Norfolk NR10 3SD4
£250K02/211.75 mi31, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QD4
£347.5K12/221.75 mi145, Holt Road, Norwich, Norfolk NR6 6UA4
£560K12/201.76 mi197, Holt Road, Horsford, Norwich, Norfolk NR10 3DX4
£275K05/211.76 mi25, Sydney Road, Spixworth, Norwich, Norfolk NR10 3PG4
£355K08/231.76 mi15, Sydney Road, Spixworth, Norwich, Norfolk NR10 3PG4
£346K11/201.77 mi26, Thistledown Road, Horsford, Norwich, Norfolk NR10 3ST4
£250.5K12/201.77 mi29, Thistledown Road, Horsford, Norwich, Norfolk NR10 3ST4
£290K03/211.78 mi39, Harvest Close, Hainford, Norwich, Norfolk NR10 3TA4
£295K12/201.78 mi27, Harvest Close, Hainford, Norwich, Norfolk NR10 3TA4
£270K03/211.8 mi157, Holt Road, Norwich, Norfolk NR6 6UA4
£295K02/241.8 mi157, Holt Road, Norwich, Norfolk NR6 6UA4
£295K01/211.81 mi29, Harvest Close, Hainford, Norwich, Norfolk NR10 3TA4
£273K02/211.83 mi99, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QX4
£265K03/211.83 mi12, Kiln Road, Horsford, Norwich, Norfolk NR10 3SL4
£280K02/211.85 mi29, Sadler Road, Norwich, Norfolk NR6 6PQ4
£270K03/211.85 mi44, Primrose Way, Horsford, Norwich, Norfolk NR10 3SA4
£270K11/201.87 mi19, St Peters Way, Spixworth, Norwich, Norfolk NR10 3NS4
£300K03/211.88 mi35, Meadowsweet, Horsford, Norwich, Norfolk NR10 3SH4
£420K03/231.9 mi62, Sydney Road, Spixworth, Norwich, Norfolk NR10 3PQ4
£485K09/231.9 mi2, Warren Close, Horsford, Norwich, Norfolk NR10 3SU4
£333K11/221.9 mi3, Lilac Close, Horsford, Norwich, Norfolk NR10 3EN4
£380K06/231.92 mi244, Holt Road, Horsford, Norwich, Norfolk NR10 3EH4
£350K11/211.93 mi13, Dennis Road, Norwich, Norfolk NR6 6UB4
£270.5K06/211.93 mi3, Fieldfare Close, Spixworth, Norwich, Norfolk NR10 3RA4
£390K03/211.93 mi2, Freyden Way, Frettenham, Norwich, Norfolk NR12 7NB4
£362K06/211.94 mi81, Lodge Farm Drive, Norwich, Norfolk NR6 7LP4

Local Rents

50 rents from £760/mo to £3.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£85012/240.46 mi-2
£1,35012/241.48 miHolt Road, Norwich3
£2,00006/241.51 miHolt Road, Horsford, Norwich4
£1,35012/241.62 miHolt Road, Norwich3
£1,40003/251.65 mi-3
£1,78010/241.69 mi-4
£1,15012/241.75 miHolt Road, Horsford2
£1,19501/241.75 mi-4
£1,19510/241.76 mi-2
£1,29503/251.76 mi-2
£1,20009/231.78 mi-3
£1,20009/241.78 mi-3
£89506/241.79 miSt Faiths Lane, Old Catton, NR62
£1,30001/251.84 mi-3
£95006/241.86 miBulrush Close, Horsford2
£1,05003/241.87 mi-2
£95003/241.88 mi-3
£3,19506/241.89 miSt. Faiths Road, Norwich, Norfolk, NR65
£1,75006/241.91 miRussell Avenue, Spixworth, Norwich4
£1,20012/241.92 mi-3
£1,40003/251.92 mi-3
£95003/241.98 miSpixworth, NR102
£89506/242 miOlive Crescent, Horsford2
£2,10006/242.01 miMill Road, Frettenham, NORWICH6
£1,30006/242.06 miFlag Cutters Way, Horsford, Norwich, Norfolk, NR104
£76012/242.08 mi-1
£1,20012/242.1 miBeaufort Close, Old Catton, Norwich3
£1,05003/242.1 miCatton, North Of The City2
£1,17503/252.1 mi-3
£1,35006/242.12 miHartbee Road, Norwich, Norfolk, NR63
£1,83312/242.15 mi309 Reepham Road, Norwich, Norfolk, NR6 5AD2
£1,20012/242.15 miPriors Drive, Norwich3
£1,05004/242.16 mi-2
£1,10006/242.18 miNR62
£1,30001/252.2 mi-3
£3,75006/242.22 miNorth Walsham Road, Crostwick4
£3,75006/242.22 miNorth Walsham Road, Norwich, Norfolk, NR124
£1,15006/242.23 mi-4
£1,40006/242.23 miThree Corner Drive, Norwich3
£1,20006/242.24 miHellesdon, Norwich, NR63
£1,30012/242.28 mi-3
£1,10005/242.31 mi-2
£1,20012/242.31 miPennyroyal, Norwich, NR6 2
£1,19501/252.35 mi-2
£1,25006/242.37 miCromer Road, Norwich, NR63
£1,10012/242.39 miOld Catton3
£95006/242.39 mi-2
£1,30002/252.39 mi-4
£1,10006/242.39 miRosebay Close, Norwich3
£1,05003/252.42 mi-3

Local Area Statistics

Population in NR10

22,761

Population in Norwich

366,887

Town centre distance

3.88 miles away

Nearest school

0.10 miles away

Nearest train station

4.79 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £325,000

January 1, 2025

Floor Plans

Description

  • Over 1,300 sq. ft. of thoughtfully designed living space +
  • Recently installed new boiler, just a week old, ensuring energy efficiency and peace of mind +
  • Separate family bathroom and WC for convenience during busy mornings +
  • Master bedroom featuring a large ensuite with a shower for added luxury +
  • Spacious four-bedroom family home ideal for large or growing families +
  • Located in the sought-after village of Horsham St. Faith with excellent amenities nearby +
  • Welcoming entrance lobby and main hallway offering storage for coats, shoes, and belongings +
  • Modern kitchen with ample cupboards and drawers, flowing into an open-plan dining area +

Family living awaits in this large four-bedroom home, boasting over 1,300 sq. ft. of thoughtfully designed space in the desirable village of Horsham St. Faith. The ground floor offers a welcoming entrance, a spacious living room with a focal fireplace, and a modern open-plan kitchen and dining area that leads to the rear garden. Upstairs, four generously sized bedrooms, including a master with ensuite, provide flexibility for growing families. A private rear garden, garage, and off-road parking add practicality and outdoor enjoyment to the home. The Location Horsham St. Faith - NR10 is situated in a peaceful and picturesque village that combinesrural living with convenient access to amenities. Located just 5 miles northeast of Norwich, Horsham St. Faith is known for its friendly community atmosphere and beautiful countryside views, making it an ideal place for families and professionals alike. Within a short drive, you’ll find a range of shops, including a Tesco Express and an independent grocery store, providing everyday essentials. The village also boasts local amenities such as The Black Swan and the popular St. Faith’s Church. With excellent transport links, including a train station approximately 1.5 miles away, commuting to the nearby city of Norwich is a breeze. Local schools and parks are also within close proximity, providing a great environment for families. Manor Close Positioned in the desirable village of Horsham St. Faith, this expansive four-bedroom home offers over 1,300 sq. ft. of comfortable living space, making it an excellent choice for families seeking a blend of space, comfort, and style in a vibrant community setting. The ground floor welcomes you with an entrance lobby and main hallway, providing ample storage for coats, shoes, and other essentials. A generously proportioned living room features a focal fireplace, creating a cosy feel and offering a versatile layout for your furnishings. The modern kitchen is designed for convenience and style, boasting plentiful storage in its sleek cupboards and drawers. An open-plan design flows seamlessly into the dining area, a bright and airy space with French doors leading to the rear garden. Upstairs, the home offers four excellent-sized bedrooms, ideal for large or growing families. The master bedroom stands out with its spacious design and private ensuite featuring a large shower. A separate family bathroom and WC provide convenience for everyday living. Each bedroom ensures flexibility, offering room for family members or adaptable spaces for work or play. Natural light floods the home, enhancing its comfortable atmosphere. Recent upgrades include a brand-new boiler, ensuring energy efficiency and reliability. Outside, the property boasts a private rear garden perfect for outdoor enjoyment. The generous plot features a mix of lawn and shrubbery, offering both relaxation and play opportunities. To the front, a garage and off-road parking enhance practicality. The garage's position also offers potential for conversion into additional living space, subject to necessary planning permissions, further increasing the home’s versatility. Agents Note Sold Freehold. Solar Panels Connected to all mains services. Disclaimer Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Wroxham

01603 361621

Next Steps?

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