3 Bed Semi-Detached House, Single Let, Norwich, NR5 8NF, £290,000

Wilberforce Road, Norwich, NR5 8NF - 3 months ago

BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£162.5K - £315K
Sold Prices/m²£1.9K/m² - £5.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£275,081

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£950 - £2,100

Rent Estimate

£1,025

Running Costs/mo

£1,131

Cashflow/mo

£-106

Cashflow/yr

£-1,275

Gross Yield

4%

Local Sold Prices

50 sold prices from £162.5K to £315K, average is £233.5K. £1.9K/m² to £5.8K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£189K11/220.11 mi9, Malbrook Road, Norwich, Norfolk NR5 8RR3
£227.2K11/200.15 mi1, St Mildreds Road, Norwich, Norfolk NR5 8RJ3
£260K06/210.17 mi20, Rydal Close, Norwich, Norfolk NR5 8LT3
£225K08/240.19 mi142, St Mildreds Road, Norwich, Norfolk NR5 8RY3
£250K07/230.24 mi31, Enfield Road, Norwich, Norfolk NR5 8LF3
£295K09/210.26 mi161, Earlham Green Lane, Norwich, Norfolk NR5 8RG3
£282.5K06/210.29 mi23, Pitchford Road, Norwich, Norfolk NR5 8LQ3
£235K03/230.3 mi182, Earlham Green Lane, Norwich, Norfolk NR5 8RD3
£280K11/220.3 mi168, Earlham Green Lane, Norwich, Norfolk NR5 8RD3
£227.5K02/240.33 mi79, Stevenson Road, Norwich, Norfolk NR5 8TS3
£270K11/230.33 mi39, Larkman Lane, Norwich, Norfolk NR5 8TY3
£230K01/240.33 mi42, Larkman Lane, Norwich, Norfolk NR5 8TY3
£255K04/210.36 mi35, Cunningham Road, Norwich, Norfolk NR5 8HH3
£270K06/230.36 mi6, Hemlin Close, Norwich, Norfolk NR5 8JB3
£260K02/240.38 mi13, Douglas Haig Road, Norwich, Norfolk NR5 8LD3
£162.5K06/210.39 mi32, Stevenson Road, Norwich, Norfolk NR5 8TT3
£295K04/230.4 mi77, Friends Road, Norwich, Norfolk NR5 8HP3
£295K02/230.4 mi89, Friends Road, Norwich, Norfolk NR5 8HP3
£205K11/230.42 mi144, Beecheno Road, Norwich, Norfolk NR5 8TP3
£200K04/210.42 mi144, Beecheno Road, Norwich, Norfolk NR5 8TP3
£240K06/230.43 mi25, Larkman Lane, Norwich, Norfolk NR5 8TZ3
£210K07/210.43 mi6, Reydon Close, Norwich, Norfolk NR5 9AG3
£204K08/230.44 mi8, Skoner Road, Norwich, Norfolk NR5 9AX3
£240K08/230.45 mi6, Richenda Close, Norwich, Norfolk NR5 8JG3
£255K01/230.45 mi11, Richenda Close, Norwich, Norfolk NR5 8JG3
£245K10/220.45 mi2, Beecheno Road, Norwich, Norfolk NR5 8TJ3
£235K08/230.46 mi90, Beecheno Road, Norwich, Norfolk NR5 8TQ3
£195K12/200.46 mi10, Lushington Close, Norwich, Norfolk NR5 9AU3
£172K02/210.46 mi4, Lushington Close, Norwich, Norfolk NR5 9AU3
£198.3K10/220.46 mi84, Motum Road, Norwich, Norfolk NR5 8EQ3
£258K08/230.46 mi9, Mayes Close, Norwich, Norfolk NR5 9AR3
£185K02/210.47 mi5, Cotterall Court, Norwich, Norfolk NR5 9AZ3
£237K03/230.48 mi4, Fitzhenry Mews, Norwich, Norfolk NR5 9BH3
£228K03/230.49 mi5, Webster Close, Norwich, Norfolk NR5 9DF3
£215K09/230.49 mi28, Webster Close, Norwich, Norfolk NR5 9DF3
£295K03/240.5 mi580, Dereham Road, Norwich, Norfolk NR5 8TE3
£200K05/230.51 mi14, Kerville Street, Norwich, Norfolk NR5 9BG3
£172K01/210.52 mi7, Holworthy Road, Norwich, Norfolk NR5 9DG3
£245K05/230.52 mi53, Holworthy Road, Norwich, Norfolk NR5 9DG3
£232K03/230.52 mi57, Holworthy Road, Norwich, Norfolk NR5 9DG3
£220K09/210.52 mi45, Holworthy Road, Norwich, Norfolk NR5 9DG3
£213K11/220.52 mi70, Holworthy Road, Norwich, Norfolk NR5 9DG3
£184.3K06/210.52 mi42, Holworthy Road, Norwich, Norfolk NR5 9DG3
£310K11/210.53 mi654, Dereham Road, Norwich, Norfolk NR5 0SZ3
£270K09/210.53 mi7, Cornwallis Close, Norwich, Norfolk NR5 9BJ3
£186K09/210.54 mi1, Shepherd Close, Norwich, Norfolk NR5 8HS3
£315K12/220.54 mi81, Sukey Way, Norwich, Norfolk NR5 9NZ3
£185K02/240.55 mi21, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£185K04/240.55 mi41, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£247.5K02/210.55 mi25, Pollywiggle Close, Norwich, Norfolk NR5 9PG3

Local Rents

26 rents from £950/mo to £2.1K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.12 miBevan Close, Norwich3
£1,10006/240.3 miNorwich, NR53
£1,27512/240.31 miGilbard Road, NR5 8TR3
£1,05006/240.31 miGilbard Road, Norwich3
£1,29006/240.32 mi-3
£1,38012/240.32 mi-3
£1,30012/240.36 miShepherd Purse Way, NORWICH3
£1,15012/240.37 mi-3
£95006/240.42 miBeecheno Road, NORWICH3
£2,10012/240.43 miEarlham Road, Norwich, NR4 7TG3
£1,50012/240.44 mi-3
£1,60012/240.46 miLushington Close, Norwich3
£1,50012/240.46 miMotum Road, Norwich3
£1,10012/240.5 mi-3
£1,45006/240.5 miDereham Road, Norwich, NR53
£1,50006/240.51 miKerville Street, NR5 9BG3
£1,25012/240.54 mi-3
£1,40012/240.54 miNotridge Road, Norwich, NR53
£1,35012/240.54 miPollywiggle Close, Norwich, NR53
£1,35012/240.54 mi-3
£1,30012/240.55 miNorwich Road, Norwich3
£1,20006/240.55 miPollywiggle Close, Norwich3
£1,15012/240.56 miCadge Close, Norwich3
£1,50006/240.57 miFoxley Road, Norwich3
£1,15012/240.58 miHorn Pie Road, Norwich, Norfolk3
£1,50012/240.61 miSukey Way, NR5 9NZ3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.51 miles away

Nearest school

0.50 miles away

Nearest train station

3.13 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £290,000

January 3, 2025

Sold for £46,500

1997

Floor Plans

Description

  • Walking distance to the UEA +
  • Perfect investment opportunity +
  • Loft room +
  • Enclosed rear garden +
  • Well presented throughout +
  • Easy access to the city centre +

SUMMARY
THIS WELL PRESENTED THREE BEDROOM SEMI-DETACHED HOUSE is situated in the popular NR5 postcode, to the west of Norwich city centre. The property would make a fantastic investment opportunity and is within easy walking distance of the UEA. Viewings are highly recommended not to miss out!!

DESCRIPTION
THIS WELL PRESENTED THREE BEDROOM SEMI-DETACHED HOUSE is situated in the popular NR5 postcode, to the west of Norwich city centre. The property would make a fantastic investment opportunity and benefits from three bedrooms off landing, loft room, enclosed gardens with potential to extend and is within easy walking distance of the UEA.

Accommodation comprises of entrance porch, entrance hall, lounge, reception space, kitchen and utility to the ground floor. Upstairs, there are three bedrooms off landing with the family bathroom and a 21 ft loft room. To the front, there is a path to the front door with on road parking and to the rear, there is a fully enclosed rear garden mainly laid to lawn with shed.

Viewings are highly recommended not to miss out on this great investment opportunity!!

Entrance Porch 
Door to front and tiled flooring.

Entrance Hall 
Carpeted floor and radiator.

Lounge 19' 5" x 10' 6" ( 5.92m x 3.20m )
TV point, phone point, carpeted floor, radiator and French double glazed door to garden.

Reception Space 8' 7" x 5' 4" ( 2.62m x 1.63m )
Double glazed window to front and carpeted floor.

Kitchen 11' 10" x 9' 2" ( 3.61m x 2.79m )
Double glazed window to front, radiator, dishwasher space, wall base units, work surfaces and laminate flooring.

Utility 11' 1" x 6' 8" ( 3.38m x 2.03m )
Two storage cupboard, one housing the boiler, two double glazed windows to rear, rear door, electric oven, electric hob, space for washing machine, space for fridge/ freezer and stainless steel one sized bowl.

First Floor Landing 
Carpeted floor with loft access leading to the loft room:-

Loft Room 21' 8" x 12' 6" ( 6.60m x 3.81m )
Two double glazed Velux windows to rear, TV point, carpeted floor and radiator.

Bedroom One 13' 8" x 10' 11" ( 4.17m x 3.33m )
Double glazed window to front, carpeted floor and radiator.

Bedroom Two 12' 3" x 10' 10" ( 3.73m x 3.30m )
Double glazed window to front, carpeted floor and radiator.

Bedroom Three 11' 11" x 8' 3" ( 3.63m x 2.51m )
Double glazed window to rear, radiator and laminate floor.

Bathroom 
Double glazed window to rear, wash hand basin, wc and bath with shower over.

Exterior 
To the front, there is a path to the front door with shrubs and on road parking.

To the rear, there is a fully enclosed rear garden mainly laid to lawn and shed.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Norwich

01603 361933

Next Steps?

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