4 Bed Detached House, Single Let, Norwich, NR7 8GG, £350,000

Bolton Road, Sprowston, NR7 8GG - 3 months ago

Sold STC
BTL
~129 m²
+19 photos

ValuationUndervalued

Sold Prices£240K - £620K
Sold Prices/m²£2.2K/m² - £5.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£407,657
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£17,900

Total Cash In

£105,400

 

 

Cash Out

 

Rent Range

£1,350 - £2,125

Rent Estimate

£1,400

Running Costs/mo

£1,394

Cashflow/mo

£6

Cashflow/yr

£75

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £240K to £620K, average is £375K. £2.2K/m² to £5.2K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£400K04/230.61 mi1, Broad View, Thorpe End, Norwich, Norfolk NR13 5DZ4
£520K04/230.62 mi4, Paston Way, Norwich, Norfolk NR7 9LT4
£350K12/200.63 mi22, Paston Way, Norwich, Norfolk NR7 9LT4
£421.5K05/230.68 mi89, Blithemeadow Drive, Norwich, Norfolk NR7 8PZ4
£390K12/200.73 mi49, Padgate, Thorpe End, Norwich, Norfolk NR13 5DG4
£370K11/200.73 mi45, Padgate, Thorpe End, Norwich, Norfolk NR13 5DG4
£240K11/210.78 mi94, Blithewood Gardens, Norwich, Norfolk NR7 8PW4
£475K01/210.8 mi14, Blithemeadow Drive, Norwich, Norfolk NR7 8PY4
£600K01/210.83 mi28, Plumstead Road, Thorpe End, Norwich, Norfolk NR13 5AJ4
£353K12/200.85 mi1, Conroy Close, Norwich, Norfolk NR7 8FF4
£386K08/230.87 mi32, Beechwood Drive, Norwich, Norfolk NR7 0LP4
£425K08/230.89 mi11, Falcon Road East, Norwich, Norfolk NR7 8XZ4
£380K10/230.9 mi5, Blithewood Gardens, Norwich, Norfolk NR7 8PR4
£295K03/210.9 mi19, Blithemeadow Drive, Norwich, Norfolk NR7 8PX4
£380K02/231 mi33, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PT4
£380K06/231 mi5, Gunner Close, Norwich, Norfolk NR7 0YR4
£350K11/231.04 mi63, South Hill Road, Norwich, Norfolk NR7 0NG4
£382K10/231.04 mi8, Waller Close, Norwich, Norfolk NR7 0RN4
£340K09/211.07 mi1, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£348K08/231.07 mi4, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£305K03/211.07 mi31, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£415K03/231.07 mi31, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£322.5K03/211.07 mi1, Joyce Way, Thorpe St Andrew, Norwich, Norfolk NR7 0ZG4
£325K12/201.08 mi10, Montrose Court, Norwich, Norfolk NR7 0RY4
£315K06/211.08 mi33, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£280K10/231.09 mi25, Spinney Road, Norwich, Norfolk NR7 0PL4
£410K12/221.12 mi8, Skippon Way, Norwich, Norfolk NR7 0RU4
£450K07/241.12 mi15, Church Lane, Sprowston, Norwich, Norfolk NR7 8AY4
£334.5K01/211.13 mi10, Spinney Road, Norwich, Norfolk NR7 0PW4
£515K12/221.15 mi70, Longfields Road, Norwich, Norfolk NR7 0NA4
£287K01/241.15 mi15, Oak Avenue, Norwich, Norfolk NR7 0PD4
£560K09/231.16 mi146, Wroxham Road, Norwich, Norfolk NR7 8EZ4
£430K01/211.17 mi41, St Catherines Road, Norwich, Norfolk NR7 0XR4
£402.3K09/211.19 mi18, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF4
£357K03/211.19 mi12, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF4
£337K06/211.19 mi10, Church Green, Norwich, Norfolk NR7 8BA4
£268K05/231.2 mi3, Gorse Road, Thorpe St Andrew, Norwich, Norfolk NR7 0AY4
£340K05/231.2 mi31, Broom Avenue, Thorpe St Andrew, Norwich, Norfolk NR7 0BA4
£300K03/211.2 mi50, Pym Close, Norwich, Norfolk NR7 0QP4
£380K03/211.2 mi34, Desborough Way, Norwich, Norfolk NR7 0RR4
£352.5K12/201.2 mi26, Desborough Way, Norwich, Norfolk NR7 0RR4
£350K11/211.2 mi42, Desborough Way, Norwich, Norfolk NR7 0RR4
£310K11/201.21 mi1, Maidens Close, Norwich, Norfolk NR7 0RS4
£340.5K04/211.21 mi9, Thorpe Avenue, Norwich, Norfolk NR7 0XA4
£382.5K01/231.22 mi199, Thunder Lane, Norwich, Norfolk NR7 0JF4
£403K07/231.23 mi11, Commonwealth Way, Norwich, Norfolk NR7 0UR4
£360K12/201.23 mi4, Culverin Close, Norwich, Norfolk NR7 0TT4
£406K06/211.26 mi20, Hampden Drive, Norwich, Norfolk NR7 0UT4
£620K03/211.26 mi147, Wroxham Road, Norwich, Norfolk NR7 8AF4
£405K03/231.26 mi68, Rosemary Road, Norwich, Norfolk NR7 8ER4

Local Rents

25 rents from £1.4K/mo to £2.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,40008/240.19 miSycamore Avenue, Rackheath, NR133
£1,40006/240.27 miRandall Road, Sprowston, NR73
£1,57507/240.33 miOstler Road, Norwich, Norfolk, NR133
£2,12507/240.33 miOstler Road, Norwich, Norfolk, NR134
£2,02507/240.33 miOstler Road, Norwich, Norfolk, NR134
£1,62507/240.33 miOstler Road, Norwich, Norfolk, NR133
£2,02508/240.33 mi59 Ostler Road, Norwich, Norfolk, NR134
£2,02508/240.33 miOstler Road, Norwich, Norfolk, NR134
£1,57508/240.33 miOstler Road, Norwich, Norfolk, NR133
£1,57508/240.33 miOstler Road, Norwich, Norfolk, NR133
£2,02508/240.33 miOstler Road, Norwich, Norfolk, NR134
£2,12508/240.37 miBanfather Way, Norwich, Norfolk, NR134
£1,59507/240.39 miGallard Way, Norwich, 4
£1,50008/240.39 miGallard Way, Norwich, 4
£1,65007/240.4 miHumprey Way, Norwich, Norfolk, NR133
£1,57509/240.43 mi64 Metcalf Road, Norwich, Norfolk, NR133
£1,57508/240.44 miMetcalf Road, Norwich, Norfolk, NR133
£1,57507/240.44 miMetcalf Road, Norwich, Norfolk, NR133
£1,57507/240.44 miMetcalf Road, Norwich, Norfolk, NR133
£1,57507/240.46 miMetcalf Road, Norwich, Norfolk, NR133
£1,35001/250.55 mi-3
£1,50006/240.56 miStafford Way, Rackheath, Norwich, NR133
£1,40006/240.56 miStafford Way, Rackheath, Norwich, NR133
£1,50006/240.56 mi-3
£1,40008/240.56 mi-3

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.64 miles away

Nearest school

0.70 miles away

Nearest train station

2.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £350,000

January 27, 2025

Listed for £365,000

January 6, 2025

Floor Plans

Description

  • Detached House +
  • Four Generous Bedrooms +
  • Two En-Suite Shower Rooms +
  • Family Bathroom +
  • Ground Floor WC +
  • Open Plan Kitchen Diner +
  • Utility Room +
  • Garage & Driveway +
  • Enclosed Rear Garden +
  • No Onward Chain +

Don't miss the opportunity to view this stunning, modern detached house, thoughtfully arranged over three spacious floors. This impressive property boasts four generously sized bedrooms, providing ample space for a growing family or for hosting guests. Two of the bedrooms feature luxurious en suite shower rooms, offering convenience and privacy.

The heart of the home is the open plan kitchen and dining room, perfect for entertaining and family gatherings. The kitchen is equipped with contemporary fittings and high-quality appliances, making it a joy to cook and dine in. Adjacent to the kitchen, you'll find a practical utility room, ideal for laundry and additional storage needs. For added convenience, there is a handy ground floor WC, ensuring that guests and family members have easy access to facilities without needing to venture upstairs.

Outside, the property continues to impress with ample parking space, a secure garage, and a beautifully enclosed rear garden. The garden provides a safe and private outdoor space for children to play, for gardening enthusiasts to indulge their passion, or for simply relaxing and enjoying the fresh air.

This exceptional property is offered with NO ONWARD CHAIN, making it a straightforward and hassle-free purchase. Act quickly to secure this fantastic home and enjoy the modern, comfortable lifestyle it offers.

This desirable suburb lies to the north-east of Norwich and offers a good selection of amenities to include schooling for all ages, local doctors surgery, popular shops, supermarkets, pubs and restaurants. There is excellent public transport links to and from the City centre including the Sprowston Park & Ride service. There is ease of access to the Norwich Ring Road, NDR and Norfolk Broads.

IMPORTANT NOTICES

Local Authority: Broadland District Council

Council Tax Band: D

Current EPC rating: B

Agent Details

Property Ladder, Norwich

01603 361657

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪