4 Bed Detached House, Single Let, Norwich, NR8 5FJ, £340,000

Heron Road, Queens Hill, NR8 5FJ - 3 months ago

BTL
~129 m²
+18 photos

ValuationOvervalued

Sold Prices£210K - £385K
Sold Prices/m²£1.9K/m² - £3.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.6K/m²

Value Estimate

£304,762

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£101,700

 

 

Cash Out

 

Rent Range

£1,100 - £1,450

Rent Estimate

£1,213

Running Costs/mo

£1,325

Cashflow/mo

£-112

Cashflow/yr

£-1,345

Gross Yield

4%

Local Sold Prices

28 sold prices from £210K to £385K, average is £278.8K. £1.9K/m² to £3.7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£310K01/230 mi28, Heron Road, Costessey, Norwich, Norfolk NR8 5FJ4
£290K11/220.05 mi12, Waxwing Way, Costessey, Norwich, Norfolk NR8 5GA4
£266K05/210.08 mi4, Crossbill Close, Costessey, Norwich, Norfolk NR8 5FY4
£355K06/230.08 mi2, Crossbill Close, Costessey, Norwich, Norfolk NR8 5FY4
£295K10/230.09 mi32, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF4
£325K10/210.09 mi40, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF4
£265K06/230.09 mi15, Dunnock Drive, Costessey, Norwich, Norfolk NR8 5FF4
£284K05/230.13 mi64, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET4
£340K06/230.13 mi6, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET4
£280K09/230.13 mi29, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET4
£275K08/230.13 mi4, Lapwing Drive, Costessey, Norwich, Norfolk NR8 5FS4
£250K03/210.15 mi31, Ron Hill Road, Costessey, Norwich, Norfolk NR8 5GQ4
£228.5K02/210.15 mi7, Ron Hill Road, Costessey, Norwich, Norfolk NR8 5GQ4
£277.5K12/230.15 mi31, Ron Hill Road, Costessey, Norwich, Norfolk NR8 5GQ4
£265K05/230.15 mi7, Ron Hill Road, Costessey, Norwich, Norfolk NR8 5GQ4
£240K06/210.22 mi17, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ4
£335K12/220.25 mi3, Silvo Road, Costessey, Norwich, Norfolk NR8 5EL4
£210K06/230.26 mi7, Stockwell Road, Costessey, Norwich, Norfolk NR8 5EQ4
£270K11/220.28 mi29, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE4
£265K04/240.29 mi36, Magnolia Way, Costessey, Norwich, Norfolk NR8 5EH4
£257K01/230.3 mi33, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE4
£256.5K02/230.3 mi31, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE4
£265K08/240.3 mi15, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE4
£305K12/220.3 mi19, Sir Alfred Munnings Road, Costessey, Norwich, Norfolk NR8 5EE4
£375K12/220.45 mi2, Foxhouse Road, Costessey, Norwich, Norfolk NR8 5HL4
£350K04/210.77 mi7, Parklands, Costessey, Norwich, Norfolk NR8 5AL4
£340K05/211 mi12, Taverham Chase, Taverham, Norwich, Norfolk NR8 6NZ4
£385K06/211 mi6, Taverham Chase, Taverham, Norwich, Norfolk NR8 6NZ4

Local Rents

11 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.01 miHeron Road, Norwich3
£1,29512/240.09 mi-3
£1,35012/240.12 mi8 Falcon Crescent, NR84
£1,25006/240.13 miRobin Close, Queens Hill, Costessey, NR83
£1,25012/240.14 miPochard Street, Costessey, Norwich3
£1,30006/240.25 miKingfisher Close, NR8 5BF3
£1,10012/240.28 mi-3
£1,25011/240.3 mi-3
£1,29506/240.48 miBreydon Drive, NR83
£1,45002/250.48 mi-3
£1,45012/240.48 miWoodcock Hill, Costessey, Norwich, NR83

Local Area Statistics

Population in NR8

20,321

Population in Norwich

366,887

Town centre distance

4.77 miles away

Nearest school

0.20 miles away

Nearest train station

5.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £340,000

February 16, 2025

Listed for £350,000

January 14, 2025

Floor Plans

Description

  • Spacious Link Detached Family Home +
  • Entrance Hall +
  • Ground Floor Utility Room & Cloakroom +
  • First Floor Lounge +
  • First Floor Kitchen/Breakfast Room +
  • Four Bedrooms +
  • Two En-Suites +
  • Family Bathroom +
  • Enclosed Low Maintenance Rear Garden +
  • Carport & Garage +

Property Summary
* Be quick to view this SPACIOUS FOUR BEDROOM LINK DETACHED HOUSE located on the popular Queens Hill development. The property has entrance hall, cloakroom, utility room, first floor lounge & kitchen/breakfast room, TWO EN-SUITES, family bathroom, enclosed low Maintenance Rear Garden and GARAGE * Entrance Hall
Wooden effect flooring, stairs to first floor, doors to utility, W.C and bedroom. Cloakroom
Fitted with a low level W.C and pedestal wash hand basin, tiled splash backs, radiator and window to the side. Utility Room
Fitted with base and wall units, marble style work tops and splash backs, spaces for tumble dryer and washing machine, stainless steel sink and drainer, door and window to the rear. Bedroom
With built in wardrobes, radiator and window to the front aspect. Door to: En-Suite Shower Room
Double width shower, low level W.C and pedestal wash basin, tiled splash backs, radiator and window to the rear. First Floor Landing
Stairs to second floor, window to rear and doors to: Sitting Room
Radiator, window to the front and the rear aspect. Opening to the: Study
Storage cupboard, radiator and window to the front. Kitchen/Dining Room
Fitted with a range of base and wall units and with an island with marble effect work tops, built in double oven and gas hob with extractor over, space for a dishwasher, radiators, stainless steel one and a half sink and drainer, windows to front and rear and wooden effect flooring. Second Floor Landing
Airing cupboard, window to the front and doors to: Bedroom:
Radiator and window to the front. Bedroom:
Fitted wardrobe, radiator and window to the rear. Master Bedroom:
Radiator, fitted wardrobes and window to the front. Door to: En-Suite Shower Room
Double width shower cubicle, sink in floating vanity unit, low level W.C, tiled splash backs, tiled flooring, heated towel rail and window to the rear. Family Bathroom
Fitted with a panelled bath with shower attachment over, low level W.C and pedestal wash basin, half tiled, radiator and window to the rear. Garden
The rear garden is designed with low level maintenance in mind, there is artificial grass with sand stone edging, a barbecue area and an outside bar. There is a side access gate to the carport as well as a personal door to the garage. The garden has lights around. Garage
with up and over door, power and light and personal door to the side.

Agent Details

Russen & Hill Estate Agents, Costessey

01603 361593

Next Steps?

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