2 Bed Flat, Single Let, Norwich, NR13 4JW, £165,000

Globe Lane, Blofield, Norwich, NR13 4JW - 3 months ago

Leasehold
BTL
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£93.8K - £125K

 

 

Square Metres

~68.11 m²

Value Estimate

£125,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£625 - £1,000

Rent Estimate

£686

Running Costs/mo

£673

Cashflow/mo

£13

Cashflow/yr

£158

ROI

0%

Gross Yield

5%

Local Sold Prices

5 sold prices from £93.8K to £125K, average is £125K.

PriceDateDistanceAddressBeds 
£93.8K11/210.17 mi105, Charles Marler Way, Blofield, Norwich, Norfolk NR13 4TX2
£118.5K11/221.02 miFlat 6, Uplands Court, The Street, Brundall, Norwich, Norfolk NR13 5JY2
£125K05/231.04 miFlat 10, Uplands Court, The Street, Brundall, Norwich, Norfolk NR13 5JY2
£125K12/231.04 miFlat 11, Uplands Court, The Street, Brundall, Norwich, Norfolk NR13 5JY2
£125K07/211.04 miFlat 10, Uplands Court, The Street, Brundall, Norwich, Norfolk NR13 5JY2

Local Rents

11 rents from £625/mo to £1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85006/240.09 miChamberlin Court, Blofield, Norwich, NR132
£90007/240.17 miCharles Marler Way, Blofield, NR132
£65006/240.22 miBlofield2
£89506/240.25 miBlofield, , Norwich2
£79506/240.41 miDanesbower Lane, Blofield, Norwich, NR132
£79508/240.47 miChurch Road, Blofield2
£62507/240.89 miGreenacre Close, Brundall, NORWICH2
£90007/240.92 miUplands Court, Brundall, Norfolk2
£92508/241.07 miDunch Crescent, Hemblington, Norwich2
£1,00007/241.17 miRosemary Road, Blofield, NR132
£85004/251.19 mi-2

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

6.40 miles away

Nearest school

0.20 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £165,000

January 1, 2025

Floor Plans

Description

  • First Floor Apartment +
  • Communal Gardens +
  • Allocated & Visitor Parking +
  • Spacious 14' Sitting Room +
  • Fitted Kitchen with Cooking Appliances +
  • Two Double Bedrooms +
  • Re-fitted Modern Shower Room +
  • Walking Distance to Amenities +

IN SUMMARY
This IMMACULATE and WELL KEPT first floor flat enjoys a place on this WELL KEPT DEVELOPMENT with manageable service charges. COMMUNAL GARDENS, a brick built storage shed, visitor and ALLOCATED PARKING are included on the development, whilst the property is extremely spacious, with well kept communal spaces. Inside, the hall entrance includes THREE BUILT-IN STORAGE CUPBOARDS, with doors to the 14' DUAL ASPECT sitting room, kitchen, TWO DOUBLE BEDROOMS with views over the adjacent converted chapel, and SHOWER ROOM.

SETTING THE SCENE
The development includes two small blocks of flats, with a range of lawned communal gardens, allocated and visitor parking. A brick built shed is included with the property. THE GRAND TOUR
Once inside, the hall entrance is finished with fitted carpet, and includes three built-in storage cupboards, one of which houses the wall mounted gas fired central heating boiler. The loft access hatch is also above. The doors lead off, starting with the kitchen, including a range of wall and base level units with integrated cooking appliances and an extractor fan. Space is provided for general white goods, with a window to front. Heading around the hall, the sitting room offers windows to front and side, with fitted carpet and potential for a buyer to install a feature fire place. The two double bedrooms sit to the rear, with fitted carpet, and the main one finished with a run of built-in wardrobes. The second bedroom is currently used as a dining room. The spacious shower room completes the property, with a three piece white suite, Aqua board splash backs and tiled effect flooring. FIND US
Postcode : NR13 4JW
What3Words : ///encoding.leaned.arranger VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property. AGENTS NOTE
The property is sold on a leasehold basis with 89 years remaining. Combined service charges and ground rent is charged in the region of £150 PCM. No pets are allowed at the property.

EPC Rating: D

Agent Details

Starkings & Watson, Brundall

01603 336556

Next Steps?

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