4 Bed Detached House, Single Let, Norwich, NR7 8RQ, £375,000

161 Wilks Farm Drive, Sprowston, Norwich, NR7 8RQ - 2 months ago

BTL
~129 m²
+14 photos

ValuationUndervalued

Sold Prices£246.5K - £640K
Sold Prices/m²£1.3K/m² - £5.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.9K/m²

Value Estimate

£388,968

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£20,700

Total Cash In

£114,450

 

 

Cash Out

 

Rent Range

£1,050 - £2,000

Rent Estimate

£1,056

Running Costs/mo

£1,403

Cashflow/mo

£-347

Cashflow/yr

£-4,165

Gross Yield

3%

Local Sold Prices

51 sold prices from £246.5K to £640K, average is £347.5K. £1.3K/m² to £5.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£362.5K01/210.04 mi139, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RQ4
£365K08/210.1 mi95, Foxburrow Road, Norwich, Norfolk NR7 8QX4
£365K08/210.1 mi95, Foxburrow Road, Norwich, Norfolk NR7 8QX4
£300K07/210.1 mi69, Foxburrow Road, Norwich, Norfolk NR7 8QX4
£380K01/240.17 mi35, Foxburrow Road, Norwich, Norfolk NR7 8QU4
£325K06/210.19 mi21, Pioneer Road, Norwich, Norfolk NR6 7PB4
£352.8K02/210.26 mi66, Church Lane, Sprowston, Norwich, Norfolk NR7 8AZ4
£320K11/210.26 mi6b, Edwards Road, Norwich, Norfolk NR7 8QW4
£350K11/200.26 mi112, Windsor Park Gardens, Norwich, Norfolk NR6 7PT4
£265K02/210.3 mi57, Windsor Park Gardens, Norwich, Norfolk NR6 7PR4
£325K10/230.3 mi33, Windsor Park Gardens, Norwich, Norfolk NR6 7PR4
£337K06/210.32 mi10, Church Green, Norwich, Norfolk NR7 8BA4
£378K12/200.35 mi61, Mountbatten Drive, Norwich, Norfolk NR6 7PP4
£305K11/230.35 mi96, Mountbatten Drive, Norwich, Norfolk NR6 7PP4
£290K02/240.35 mi124, Mountbatten Drive, Norwich, Norfolk NR6 7PP4
£450K07/240.38 mi15, Church Lane, Sprowston, Norwich, Norfolk NR7 8AY4
£295K12/200.39 mi2a, Dixon Road, Norwich, Norfolk NR7 8QJ4
£340K07/230.39 mi28, Dixon Road, Sprowston, Norwich, Norfolk NR7 8QJ4
£246.5K03/210.4 mi9, Weston Court, Norwich, Norfolk NR6 7EX4
£345K11/200.42 mi15, Colindeep Lane, Norwich, Norfolk NR7 8EG4
£400K04/230.43 mi7, Cuthbert Close, Norwich, Norfolk NR7 8QL4
£620K03/210.43 mi147, Wroxham Road, Norwich, Norfolk NR7 8AF4
£295K03/210.44 mi5, Lovett Close, Norwich, Norfolk NR6 7JU4
£325K12/230.44 mi10, Lovett Close, Norwich, Norfolk NR6 7JU4
£255K07/210.44 mi143, Moore Avenue, Norwich, Norfolk NR6 7LQ4
£265K02/210.44 mi26, Longe Road, Norwich, Norfolk NR6 7JD4
£560K09/230.44 mi146, Wroxham Road, Norwich, Norfolk NR7 8EZ4
£305K12/200.44 mi5, Mounteney Close, Norwich, Norfolk NR6 7QH4
£300K10/200.45 mi163, Moore Avenue, Norwich, Norfolk NR6 7LQ4
£420K05/210.49 mi123, Wroxham Road, Norwich, Norfolk NR7 8AD4
£420K03/230.49 mi115, Wroxham Road, Norwich, Norfolk NR7 8AD4
£265K12/200.5 mi43, Billing Close, Norwich, Norfolk NR6 7EL4
£290K11/230.5 mi38, Billing Close, Norwich, Norfolk NR6 7EL4
£325K05/240.5 mi32, Billing Close, Norwich, Norfolk NR6 7EL4
£375K04/230.5 mi10, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EL4
£545.6K05/230.5 mi102, Wroxham Road, Norwich, Norfolk NR7 8EX4
£385K03/230.52 mi33, Burma Road, Norwich, Norfolk NR6 7LH4
£252.5K04/210.52 mi12, Desmond Drive, Norwich, Norfolk NR6 7JN4
£350K12/200.53 mi37, Allens Avenue, Norwich, Norfolk NR7 8EP4
£300K04/210.55 mi10, Overstone Court, Norwich, Norfolk NR6 7EN4
£575K12/220.56 mi9, Rosemary Road, Norwich, Norfolk NR7 8ER4
£347.5K01/240.57 mi23, Breydon Road, Norwich, Norfolk NR7 8EF4
£640K11/220.58 mi231, Spixworth Road, Norwich, Norfolk NR6 7DZ4
£380K03/210.58 mi52, Rosemary Road, Norwich, Norfolk NR7 8ER4
£405K03/230.58 mi68, Rosemary Road, Norwich, Norfolk NR7 8ER4
£278K05/210.6 mi24, Three Corner Drive, Norwich, Norfolk NR6 7HA4
£395K11/220.6 mi8, Three Corner Drive, Norwich, Norfolk NR6 7HA4
£500K08/230.61 mi77, Wroxham Road, Norwich, Norfolk NR7 8TW4
£485K12/220.61 mi168, Spixworth Road, Norwich, Norfolk NR6 7EH4
£370K01/230.67 mi72, The Warren, Old Catton, Norwich, Norfolk NR6 7NN4
£270K08/230.67 mi23, The Paddocks, Norwich, Norfolk NR6 7HF4

Local Rents

12 rents from £1.1K/mo to £2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.06 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,40012/240.18 mi-3
£2,00012/240.26 miWindsor Park Gardens, Norwich5
£1,30002/250.35 mi-4
£1,30012/240.39 miNorth Walsham Road, Norwich3
£1,35006/240.48 miMoore Avenue, NR64
£1,80006/240.49 miSt. Marys Grove, Norwich, NR75
£1,80003/240.49 mi-5
£1,10006/240.59 miCranes Croft Road3
£1,40006/240.6 miThree Corner Drive, Norwich3
£1,05003/250.6 mi-3
£1,05006/240.61 miSpixworth Road, Old Catton, Norwich, NR63

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

1.93 miles away

Nearest school

0.40 miles away

Nearest train station

2.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £375,000

March 8, 2025

Listed for £400,000

January 23, 2025

Floor Plans

Description

  • DETACHED HOUSE +
  • FOUR BEDROOMS +
  • QUIET CUL-DE-SAC +
  • OFF ROAD PARKING +
  • POPULAR SUBURB +

GUIDE PRICE £400,000 - £415,000 DETACHED FAMILY HOME ON A GOOD SIZED PLOT IN A SMALL CUL-DE-SAC Gilson Bailey are delighted to offer this WELL PRESENTED, FOUR BEDROOM, DETACHED HOUSE tucked away in the highly sought after suburb of Sprowston. Accommodation comprising entrance hall, lounge, dining room, kitchen, family room, conservatory and WC to the ground floor. On the first floor there are FOUR BEDROOMS and a bathroom off landing with bedroom one having an EN-SUITE SHOWER ROOM. Outside there is a driveway providing OFF ROAD PARKING FOR TWO CARS and to the rear there is a LARGER THAN AVERAGE GARDEN ideal for entertaining. The house benefits from double glazing, gas heating and is in excellent condition throughout. The property would make the perfect family home so be quick to book a viewing.

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 - Front door to:

Entrance Hall - Doors to lounge, family room, WC and stairs to first floor.

Lounge - 4.42 x 3.86 (14'6" x 12'7") - Double glazed window, radiator.

Dining Room - 2.79 x 2.66 (9'1" x 8'8") - Sliding patio doors, radiator.

Kitchen - 4.81 x 2.67 (15'9" x 8'9") - Fitted wall and base units with worktops over, sink and drainer, space for Range cooker, integrated fridge/freezer, washing machine and dishwasher, double glazed window, door to rear, radiator.

Family Room - 5.42 x 2.61 (17'9" x 8'6") - Double glazed window, radiator, door to side.

Conservatory - 4.13 x 3.49 (13'6" x 11'5") - Double glazed construction with patio doors to garden, radiator.

Wc - 1.35 x 0.86 (4'5" x 2'9") - Low level WC, hand wash basin, frosted double glazed window.

First Floor Landing - Doors to four bedrooms and bathroom.

Bedroom One - 4.36 x 3.89 (14'3" x 12'9") - Double glazed window, radiator, built in wardrobes.

En-Suite - 1.78 x 1.70 (5'10" x 5'6") - Shower cubicle, low level WC, hand wash basin, heated towel rail, frosted double glazed window.

Bedroom Two - 2.81 x 2.71 (9'2" x 8'10") - Double glazed window, radiator, loft hatch.

Bedroom Three - 2.78 x 2.67 (9'1" x 8'9") - Double glazed window, radiator.

Bedroom Four - 2.77 x 2.03 (9'1" x 6'7") - Double glazed window, radiator.

Bathroom - 2.06 x 1.87 (6'9" x 6'1") - Panelled bath with shower over, low level WC, hand wash basin, radiator, frosted double glazed window.

Outside Front - Driveway providing off road parking for two cars and lawned garden.

Outside Rear - Large patio area, lawned garden, timber shed, mature plants and shrubs, enclosed by timber fencing with side gate access.

Local Authority - Broadland District Council, Tax Band D.

Tenure - Freehold

Utilities - Full fibre broadband available.
Mains water and electric.

Agent Details

Gilson Bailey, Norwich

01603 361812

Next Steps?

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