3 Bed Semi-Detached House, Single Let, Norwich, NR8 5GW, £265,000

Falcon Crescent, Queens Hill, NR8 5GW - 2 views - 3 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£135K - £493.5K
Sold Prices/m²£1.8K/m² - £6.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£240,152

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£10,700

Total Cash In

£76,950

 

 

Cash Out

 

Rent Range

£995 - £1,450

Rent Estimate

£1,206

Running Costs/mo

£1,089

Cashflow/mo

£117

Cashflow/yr

£1,400

ROI

2%

Gross Yield

5%

Local Sold Prices

46 sold prices from £135K to £493.5K, average is £236.8K. £1.8K/m² to £6.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£242K09/230.06 mi5, Woodpecker Way, Costessey, Norwich, Norfolk NR8 5FD3
£285K12/220.09 mi4, Heron Road, Costessey, Norwich, Norfolk NR8 5FJ3
£237.5K05/230.1 mi30, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF3
£212K03/210.1 mi6, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF3
£208K10/200.11 mi27, Pochard Street, Costessey, Norwich, Norfolk NR8 5FP3
£275K09/230.11 mi26, Pochard Street, Costessey, Norwich, Norfolk NR8 5FP3
£233.5K08/210.14 mi28, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET3
£211.5K04/210.18 mi8, Crossbill Close, Costessey, Norwich, Norfolk NR8 5FY3
£247.5K09/230.18 mi2, Siskin Close, Costessey, Norwich, Norfolk NR8 5BL3
£236K12/220.18 mi48, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£187K02/210.19 mi22, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£224.4K06/230.19 mi22, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£230K01/230.19 mi14, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£220K09/230.19 mi60, Rose Avenue, Costessey, Norwich, Norfolk NR8 5EX3
£220K12/200.19 mi19, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ3
£245K04/230.19 mi11, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ3
£265K06/230.2 mi19, Red Admiral Close, Costessey, Norwich, Norfolk NR8 5GU3
£225K04/230.2 mi13, Red Admiral Close, Costessey, Norwich, Norfolk NR8 5GU3
£244K08/210.21 mi3, Holly Blue Mews, Costessey, Norwich, Norfolk NR8 5GR3
£230K11/220.22 mi34, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH3
£195K07/210.22 mi32, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH3
£280K02/230.22 mi26, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GT3
£260K05/210.23 mi24, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GT3
£220K04/210.23 mi21, Peacock Grove, Costessey, Norwich, Norfolk NR8 5GS3
£135K07/210.24 mi35, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE3
£220K11/210.25 mi47, Kestrel Avenue, Costessey, Norwich, Norfolk NR8 5FT3
£260K06/230.3 mi82, Bahram Road, Costessey, Norwich, Norfolk NR8 5EY3
£210K03/240.34 mi11, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£223K11/200.34 mi15, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£204K07/210.34 mi6, St Simon Close, Costessey, Norwich, Norfolk NR8 5ES3
£275K08/230.35 mi36, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£242.5K06/240.35 mi77, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£225K08/240.35 mi27, Solario Road, Costessey, Norwich, Norfolk NR8 5EJ3
£275K04/240.39 mi29, Wilderness Road, Costessey, Norwich, Norfolk NR8 5GJ3
£250K12/200.4 mi7, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£224K12/200.4 mi22, Blackhill Wood Lane, Costessey, Norwich, Norfolk NR8 5GG3
£315K01/230.41 mi7, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£197K06/210.41 mi3, Breydon Drive, Costessey, Norwich, Norfolk NR8 5AR3
£440K06/230.42 mi177, West End, Costessey, Norwich, Norfolk NR8 5AW3
£431.5K10/230.42 mi170, West End, Costessey, Norwich, Norfolk NR8 5AW3
£493.5K03/230.42 mi197, West End, Costessey, Norwich, Norfolk NR8 5AW3
£275K05/240.42 mi186, West End, Costessey, Norwich, Norfolk NR8 5AW3
£261K08/230.48 mi9, Linalls Drive, Costessey, Norwich, Norfolk NR8 5AS3
£250K11/200.52 mi9, Blyth's Wood Avenue, Costessey, Norwich, Norfolk NR8 5HA3
£234K11/200.52 mi124, West End, Costessey, Norwich, Norfolk NR8 5AN3
£240K02/210.53 mi153, West End, Costessey, Norwich, Norfolk NR8 5AN3

Local Rents

12 rents from £995/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,29512/240.05 mi-3
£1,20006/240.11 miHeron Road, Norwich3
£1,25006/240.11 miRobin Close, Queens Hill, Costessey, NR83
£1,25012/240.14 miPochard Street, Costessey, Norwich3
£1,10012/240.21 mi-3
£1,30006/240.24 miKingfisher Close, NR8 5BF3
£1,25011/240.32 mi-3
£1,29506/240.4 miBreydon Drive, NR83
£1,45002/250.49 mi-3
£1,45012/240.49 miWoodcock Hill, Costessey, Norwich, NR83
£99503/250.54 mi-3
£99504/250.54 mi-3

Local Area Statistics

Population in NR8

20,321

Population in Norwich

366,887

Town centre distance

4.70 miles away

Nearest school

0.30 miles away

Nearest train station

5.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £265,000

January 23, 2025

Listed for £275,000

January 1, 2025

Floor Plans

Description

  • Semi Detached House +
  • Entrance Hall +
  • Cloakroom +
  • Fitted Kitchen +
  • Lounge +
  • Three Bedrooms +
  • Bathroom & En-Suite +
  • Enclosed Garden +
  • Driveway & Garage +
  • Popular Location +

Property Summary
* Be quick to view this WELL PRESENTED THREE BEDROOM SEMI DETACHED HOUSE located on the popular Queens Hill development. The property has entrance hall, cloakroom, fitted kitchen, lounge, bathroom, en-suite, enclosed rear garden, DRIEWAY & GARAGE ** Entrance Hall 9'6 x 6'3
Stairs to first floor, radiator, doors to all rooms Cloakroom 8'8 x 6'6
Double glazed window to front, WC, wash basin, radiator Lounge 17'8 x 10'9
Double glazed window to front, French doors to rear, Radiator Kitchen/Dining Room
Double glazed windows to front and rear, door to rear, fitted range of wall and base units with work tops over, sink and drainer, fitted fridge/freezer, washing machine, dishwasher, oven and hob, radiator First Floor Landing
Doors to all rooms Bedroom One
Double glazed window to front, fitted wardrobe, radiator, door to en-suite En-Suite
Double glazed window to front, shower cubicle, WC, wash basin, radiator Bedroom Two 14'3 x 13'1
Double glazed window to front, radiator Bedroom Three 8'1 x 7'8
Double glazed window to rear, radiator Bathroom 7' x 6'7
Double glazed window to rear, bath with shower over, WC, wash basin, radiator Outside
The property has a small front garden with path to front door and a driveway allowing off road parking and access to a single brick garage

To the rear of the property is an enclosed garden with astro turf, patio area and rear access gate

Agent Details

Russen & Hill Estate Agents, Costessey

01603 361593

Next Steps?

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