4 Bed Detached House, Single Let, Norwich, NR10 4FG, £390,000

Overton Way, Reepham, Norwich, Norfolk, NR10 4FG - 1 views - 3 months ago

BTL
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£280K - £560K
Sold Prices/m²£2.1K/m² - £4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3K/m²

Value Estimate

£343,660

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£22,700

Total Cash In

£120,200

 

 

Cash Out

 

Rent Range

£800 - £1,500

Rent Estimate

£838

Running Costs/mo

£1,406

Cashflow/mo

£-568

Cashflow/yr

£-6,820

Gross Yield

3%

Local Sold Prices

24 sold prices from £280K to £560K, average is £377.5K. £2.1K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£296K06/210.16 mi17, Laburnum Grove, Reepham, Norwich, Norfolk NR10 4LY4
£445K12/220.23 mi29, Crown Meadow, Reepham, Norwich, Norfolk NR10 4SP4
£335K11/200.24 mi8, Crown Meadow, Reepham, Norwich, Norfolk NR10 4SP4
£300K01/210.3 mi10a, New Road, Reepham, Norwich, Norfolk NR10 4LP4
£290K11/200.34 mi24, New Road, Reepham, Norwich, Norfolk NR10 4ND4
£305K01/210.35 mi33, Irwin Close, Reepham, Norwich, Norfolk NR10 4EQ4
£400K12/200.35 mi6, Moorhouse Close, Reepham, Norwich, Norfolk NR10 4EG4
£560K01/210.38 mi21, Stony Lane, Reepham, Norwich, Norfolk NR10 4QS4
£476.1K10/230.43 mi14, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£330K01/210.43 mi20, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£320K01/210.43 mi60, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£460K11/210.43 mi66, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£415K02/230.48 mi29, Bircham Road, Reepham, Norwich, Norfolk NR10 4NG4
£420K05/230.48 mi35, Bircham Road, Reepham, Norwich, Norfolk NR10 4NG4
£340K11/200.51 mi21, Pightle Way, Reepham, Norwich, Norfolk NR10 4QW4
£490K06/210.99 miBroom House, Broomhill Lane, Reepham, Norwich, Norfolk NR10 4QY4
£315K06/231.15 mi1, Commonside, Salle, Norwich, Norfolk NR10 4EP4
£280K11/201.61 mi7, Glebe Crescent, Cawston, Norwich, Norfolk NR10 4BD4
£452.5K01/211.71 mi4, Ames Court, Cawston, Norwich, Norfolk NR10 4QD4
£475K03/231.77 mi16, High Street, Cawston, Norwich, Norfolk NR10 4AA4
£300K02/211.84 mi5, Brandiston Road, Cawston, Norwich, Norfolk NR10 4ET4
£370K12/201.86 mi67, Chapel Street, Cawston, Norwich, Norfolk NR10 4BG4
£385K05/211.95 mi16, Paul Engelhard Way, Cawston, Norwich, Norfolk NR10 4FB4
£495K01/231.95 mi1, Paul Engelhard Way, Cawston, Norwich, Norfolk NR10 4FB4

Local Rents

7 rents from £800/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£80006/240.46 miOllands Road, Reepham, NORWICH2
£1,10006/240.51 miSilver End, Reepham, NORWICH3
£87506/240.58 miOllands Road, Reepham2
£85006/240.62 miChapel Close, Reepham, NORWICH2
£1,50006/240.66 miMarket Place, Reepham, NORWICH4
£1,40012/241.84 miBrandiston Road, Cawston, NORWICH3
£1,20006/242.21 miThe Street, Heydon3

Local Area Statistics

Population in NR10

22,761

Population in Norwich

366,887

Town centre distance

11.50 miles away

Nearest school

0.80 miles away

Nearest train station

11.49 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £390,000

March 12, 2025

Price changed to £400,000

January 31, 2025

Listed for £425,000

January 4, 2025

Floor Plans

Description

  • DETACHED 4-BEDROOM FAMILY HOME +
  • SITUATED ON A QUIET CUL-DE-SAC +
  • EN-SUITE TO THE MASTER BEDROOM +
  • SPACIOUS GROUND FLOOR LIVING ACCOMMODATION +
  • WELL PRESENTED THROUGHOUT +
  • GARAGE & PRIVATE DRIVEWAY +
  • POPULAR RESIDENTIAL AREA +
  • DOWNSTAIRS STUDY +

The Norfolk Agents are pleased to offer this superbly presented and spacious family home. The property occupies a generous corner plot, with gardens to the front and rear, as well as a private driveway in front of the garage and further on road parking at the side of the house. The house provides well-proportioned living accommodation, with four first-floor bedrooms and three reception rooms on the ground floor.

ACCOMMODATION Visitors are welcomed into the spacious reception hall, with stairs rising to the first floor, doors to the downstairs w/c, lounge, kitchen and a useful under stairs storage storage cupboard.. The main family reception room is the impressive sitting room with bay window to the front aspect. Across the hall is the study and the spacious dining room which enjoys double doors opening out onto the rear garden. The dining room is currently being used as a fifth bedroom. The kitchen comprises of a selection of storage units under fitted work surfaces and incorporating a fitted electric oven and hob with extractor hood, integral dishwasher and fridge/freezer. The plumbing and space for a washing machine and tumble dryer is in the utility. Upstairs there are four bedrooms arranged around the landing, as well as the neatly-appointed family bathroom. All four of the bedrooms are generously sized rooms, two of which with fitted wardrobes. The master bedroom enjoys the added luxury of an en-suite shower room.

OUTSIDE The property is located on a quiet cul-de-sac within a popular residential estate in Reepham. There is a block paved parking area in front of the single garage. The garage is equipped with power and lighting, up and over door to the front and external door to the garden. Gated access at the side of the house leads around to the rear garden, which is mainly laid to lawn, with a patio providing the perfect space for entertaining.

LOCATION The pretty market town of Reepham offers a pleasant range of independent shops, eateries and leisure facilities. The city of Norwich is only 15 miles to the south-east along the A1067, providing a more comprehensive range of amenities, as well as a regular train service in to London Liverpool Street. The famous sandy beaches of the North Norfolk Coast are a short drive away, offering numerous recreational pursuits including sailing, walking and excellent bird watching at locations such as Holkham, Blakeney and Morston. Likewise, Norwich Airport can be reached in less than 20 minutes. There are some exceptional educational opportunities in the local area, in both the state and independent sectors. The highly regarded Reepham High School caters for children from 11-16, feeding into Reepham Sixth Form College which has an outstanding OFSTED report. Private education is available at Gresham’s School in Holt, as well as a number of options in the Norwich area, including Langley, Town Close and Norwich School.

SERVICES The property is connected to mains drainage, electricity and water supply. Oil-fired central heating to radiators.

TENURE: Freehold

COUNCIL TAX BAND: D

EPC RATING: TBC

1. Purchasers will be asked to produce ID to satisfy money laundering regulations and we would ask for your co-operation in providing the relevant documentation. 2. While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property. If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3. The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property. 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 FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. THE NORFOLK AGENTS LIMITED NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.

Agent Details

The Norfolk Agents, Fakenham

01328 803445

Next Steps?

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