3 Bed Semi-Detached House, Single Let, Norwich, NR7 8DS, £290,000

29 Neville Road, Sprowston, Norwich, NR7 8DS - 3 months ago

Sold STC
BTL
81 m²
+9 photos

ValuationOvervalued

Sold Prices£140K - £505K
Sold Prices/m²£2.1K/m² - £4.4K/m²

 

 

Square Metres

81 m²
Price/m²£3.6K/m²

Value Estimate

£257,133

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

£900 - £1,750

Rent Estimate

£944

Running Costs/mo

£1,115

Cashflow/mo

£-171

Cashflow/yr

£-2,053

Gross Yield

4%

Local Sold Prices

50 sold prices from £140K to £505K, average is £270K. £2.1K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£215K10/230.05 mi27, Neville Road, Norwich, Norfolk NR7 8DS3
£270K07/210.05 mi2, Jubilee Road, Norwich, Norfolk NR7 8EA3
£245K08/230.06 miNeville House, Neville Close, Norwich, Norfolk NR7 8DT3
£330K06/230.07 mi15, Glenburn Avenue, Norwich, Norfolk NR7 8DU3
£280K10/200.09 mi6, Breydon Road, Norwich, Norfolk NR7 8EE3
£320K10/230.09 mi2, Breydon Road, Norwich, Norfolk NR7 8EE3
£340K11/220.1 mi6, Glenburn Court, Norwich, Norfolk NR7 8DR3
£415K01/240.13 mi8, Terence Avenue, Norwich, Norfolk NR7 8EH3
£330K11/220.15 mi74, School Lane, Sprowston, Norwich, Norfolk NR7 8TQ3
£211K12/210.16 mi56, Neville Road, Norwich, Norfolk NR7 8DZ3
£322K06/210.17 mi17, Tusting Close, Norwich, Norfolk NR7 8TD3
£285K11/230.17 mi20, Tusting Close, Norwich, Norfolk NR7 8TD3
£265K07/240.18 mi12, Chartwell Court, Norwich, Norfolk NR7 8TS3
£260K01/240.21 mi41, Dovedales, Norwich, Norfolk NR6 7QE3
£240K10/220.21 mi4, Dovedales, Norwich, Norfolk NR6 7QE3
£325K11/230.21 mi54, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EJ3
£280K06/210.21 mi23, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EJ3
£205K03/210.23 mi30, Alford Grove, Norwich, Norfolk NR7 8XB3
£355K03/240.24 mi27, School Lane, Sprowston, Norwich, Norfolk NR7 8TB3
£255K11/200.24 mi32, School Lane, Sprowston, Norwich, Norfolk NR7 8TB3
£220K04/230.24 mi565, Sprowston Road, Norwich, Norfolk NR3 4AD3
£204.5K07/210.24 mi12, Mousehold Lane, Norwich, Norfolk NR7 8HF3
£202.6K07/210.24 mi8, Mousehold Lane, Norwich, Norfolk NR7 8HF3
£260K11/230.25 mi55, Colindeep Lane, Norwich, Norfolk NR7 8EG3
£217K01/210.26 mi18, Denton Road, Norwich, Norfolk NR3 4DP3
£242K05/210.26 mi29, Denton Road, Norwich, Norfolk NR3 4DP3
£300K07/240.26 mi54, Alford Grove, Norwich, Norfolk NR7 8XA3
£395.5K12/220.26 mi33, Denton Road, Norwich, Norfolk NR3 4DP3
£240K04/230.26 mi86, North Walsham Road, Norwich, Norfolk NR6 7QF3
£202.2K03/240.26 mi90, North Walsham Road, Norwich, Norfolk NR6 7QF3
£190K09/230.27 mi52, North Walsham Road, Norwich, Norfolk NR6 7QB3
£216K12/200.28 mi41, Meadow Gardens, Norwich, Norfolk NR6 7RJ3
£246K01/210.28 mi25, Mousehold Lane, Norwich, Norfolk NR7 8HJ3
£140K07/210.29 mi155, Templemere, Norwich, Norfolk NR3 4EE3
£261.5K03/240.29 mi13, Blackwell Avenue, Norwich, Norfolk NR7 8XL3
£190K06/230.29 mi67, Shipfield, Norwich, Norfolk NR3 4DT3
£272K06/230.3 mi47, North Walsham Road, Norwich, Norfolk NR6 7QA3
£163K05/230.3 mi63, Templemere, Norwich, Norfolk NR3 4EG3
£278K10/220.32 mi14, Dixons Fold, Norwich, Norfolk NR6 7QD3
£274K07/230.32 mi16, Dixons Fold, Norwich, Norfolk NR6 7QD3
£242.4K05/210.32 mi14, Dixons Fold, Norwich, Norfolk NR6 7QD3
£350K11/210.35 mi12, Russell Avenue, Sprowston, Norwich, Norfolk NR7 8XE3
£270K03/240.35 mi9, Tills Close, Norwich, Norfolk NR6 7QS3
£345K12/210.35 mi8, Lambert Road, Norwich, Norfolk NR7 8XP3
£305K03/230.35 mi14, Sursham Avenue, Norwich, Norfolk NR6 7LD3
£330K08/230.35 mi26, Moore Avenue, Norwich, Norfolk NR6 7LA3
£505K12/210.35 mi22, Russell Avenue, Sprowston, Norwich, Norfolk NR7 8XE3
£360K12/200.36 mi27, Clabon Road, Norwich, Norfolk NR3 4HG3
£300K12/220.36 mi43, Clabon Road, Norwich, Norfolk NR3 4HG3
£290K12/230.37 mi37b, Cromwell Road, Sprowston, Norwich, Norfolk NR7 8XH3

Local Rents

50 rents from £900/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20008/240.27 mi-3
£1,20007/240.27 miShipfield, Norwich, NR33
£1,20001/250.27 mi-3
£1,75012/240.3 mi-3
£1,30012/240.35 miNorth Walsham Road, Norwich3
£1,25012/240.47 miCannerby Lane, NORWICH3
£1,19002/250.48 mi-3
£1,29512/240.49 miCannerby Lane, Norwich, Norfolk, NR73
£1,40012/240.67 mi-3
£1,05012/240.68 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,05006/240.68 miSpixworth Road, Old Catton, Norwich, NR63
£1,05003/250.7 mi-3
£1,60006/240.71 miTillett Road, NR3 4BJ3
£1,25007/240.72 miAylesbury Close, Norwich3
£1,10006/240.74 miGertrude Road, Norwich3
£95006/240.75 miGertrude Road3
£97506/240.75 miGertrude Road, Norwich, NR33
£1,15008/240.8 miNorth Norwich3
£99506/240.82 miRostwold Way, Norwich, Norfolk3
£1,35006/240.82 miLadysmith Road, Norwich3
£1,20003/250.87 mi-3
£1,30012/240.88 mi-3
£1,15008/240.89 miBell Road, Norwich, NR33
£1,20009/240.89 miNorwich3
£1,40006/240.9 miThree Corner Drive, Norwich3
£1,15012/240.95 miCere Road, Norwich3
£1,20012/240.98 miPriors Drive, Norwich3
£1,40007/240.98 miWoodcock Road, Norwich, NR33
£1,40007/240.98 mi-3
£1,10006/240.99 miCranes Croft Road3
£1,12010/241 mi-3
£1,10011/241 mi-3
£1,10006/241 miWaterloo Road, Norwich, NR33
£1,29506/241.01 miMousehold Avenue, Norwich, Norfolk, NR33
£1,10012/241.02 miOld Catton3
£1,15006/241.02 miNorthcote Road, NORWICH3
£1,29008/241.03 mi-3
£1,45012/241.03 mi-3
£1,15007/241.03 miChurchil Road, Norwich3
£1,25006/241.04 miLarch Close, Sprowston, Norwich, Norfolk, NR73
£1,10006/241.05 miRosebay Close, Norwich3
£1,10006/241.07 miSpencer Street, Norwich, NR3 4PE3
£1,30006/241.07 miChurchill Road, NR3 4PY3
£90001/251.1 mi-3
£1,30008/241.1 miAngel Road, Norwich, Norfolk, NR33
£1,15003/251.11 mi-3
£90006/241.12 miBeaconsfield Road, Norwich, 3
£1,10009/241.12 miBeaconsfield Road, Norwich, 3
£95008/241.12 miWaterloo Road, Norwich3
£1,25001/251.12 mi-3

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

1.29 miles away

Nearest school

0.30 miles away

Nearest train station

1.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £290,000

January 9, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • SOUGHT AFTER LOCATION +
  • SEMI DETACHED +
  • THREE BEDROOMS +
  • DRIVEWAY +
  • GARAGE +
  • GOOD SIZED REAR GARDEN +

SEMI DETACHED HOUSE OFFERED WITH NO ONWARD CHAIN Gilson Bailey are delighted to offer this THREE BEDROOM, SEMI DETACHED HOUSE situated in the highly sought after suburb of Sprowston. Accommodation comprising entrance hall, lounge/diner , kitchen, conservatory and WC to the ground floor. On the first floor there are THREE BEDROOMS and a bathroom off landing. Outside there is a front driveway providing OFF ROAD PARKING leading to a SINGLE GARAGE and a good sized, mature rear garden. The house benefits from UPVC double glazing, gas heating and is OFFERED WITH NO ONWARD CHAIN. The property would suit a wide array of buyers so be quick to book a viewing to appreciate the potential on offer.

Location - 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.

Accommodation Comprises - Door to

Entrance Hall - Doors to Lounge/Diner, Kitchen, stairs to first floor.

Lounge/Diner - 4.83 x 3.79 (15'10" x 12'5") - UPVC bay window, radiator, UPVC door to

Conservatory - 5.13 x 3.54 (16'9" x 11'7") - UPVC window, UPVC patio doors to rear, door to

Wc - Low level WC, hand wash basin.

Kitchen - 4.31 max x 2.71 (14'1" max x 8'10") - UPVC window rear and side, UPVC door to side, wall and base units, stainless steel fitted oven and hob, space for washing machine, fridge and freezer.

First Floor Landing - Doors to Bedrooms One, Two, Three and Bathroom.

Bedroom One - 3.50 x 3.79 (11'5" x 12'5") - UPVC window, radiator.

Bedroom Two - 3.71 x 2.47 (12'2" x 8'1") - UPVC window, radiator.

Bedroom Three - 2.33 x 2.73 (7'7" x 8'11") - UPVC window, radiator.

Bathroom - Bath with shower over, low level WC, hand wash basin, Frosted UPVC window, radiator.

Outside - Shingle front garden, driveway with parking, single garage, enclosed by brick walling and fencing. Large lawned rear garden, green house, enclosed by timber fencing.

Tenure - Freehold

Local Authority - Broadland District Council - Tax Band C

Agent Details

Gilson Bailey, Norwich

01603 361812

Next Steps?

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