3 Bed Detached House, Single Let, Norwich, NR8 6JY, £375,000

123 Laburnum Avenue, Taverham, Norwich, NR8 6JY - 3 months ago

BTL
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£190K - £415K
Sold Prices/m²£2.3K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£299,170

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£995 - £1,500

Rent Estimate

£1,008

Running Costs/mo

£1,393

Cashflow/mo

£-385

Cashflow/yr

£-4,626

Gross Yield

3%

Local Sold Prices

49 sold prices from £190K to £415K, average is £280K. £2.3K/m² to £6K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£360K06/210.02 mi64, Laburnum Avenue, Taverham, Norwich, Norfolk NR8 6JZ3
£275K04/210.05 mi115, Nightingale Drive, Taverham, Norwich, Norfolk NR8 6TR3
£350K03/230.09 mi69, Laburnum Avenue, Taverham, Norwich, Norfolk NR8 6JX3
£263.5K04/210.09 mi50, Laburnum Avenue, Taverham, Norwich, Norfolk NR8 6JX3
£252K01/210.1 mi127, Nightingale Drive, Taverham, Norwich, Norfolk NR8 6TP3
£257.5K11/210.1 mi86, Laburnum Avenue, Taverham, Norwich, Norfolk NR8 6JY3
£396K03/230.13 miRoslin, The Street, Taverham, Norwich, Norfolk NR8 6TE3
£280K05/210.18 miThe Orchard, Scotch Hill Road, Taverham, Norwich, Norfolk NR8 6LB3
£352.5K06/210.19 mi8, The Street, Taverham, Norwich, Norfolk NR8 6TD3
£328K06/210.21 mi14, Lloyd Road, Taverham, Norwich, Norfolk NR8 6LL3
£207K07/230.23 mi31, Sandy Lane, Taverham, Norwich, Norfolk NR8 6JS3
£310K03/230.23 miFuchsia, 13, Palgrave Close, Taverham, Norwich, Norfolk NR8 6LP3
£403K05/210.23 mi56, Sandy Lane, Taverham, Norwich, Norfolk NR8 6JS3
£260K03/240.25 mi43, Maple Drive, Taverham, Norwich, Norfolk NR8 6TF3
£250K05/230.25 mi57, Maple Drive, Taverham, Norwich, Norfolk NR8 6TF3
£242K10/230.25 mi69, Maple Drive, Taverham, Norwich, Norfolk NR8 6TF3
£240K12/220.25 mi51, Maple Drive, Taverham, Norwich, Norfolk NR8 6TF3
£280K03/210.28 mi106, Lloyd Road, Taverham, Norwich, Norfolk NR8 6LN3
£292.5K02/210.28 mi104, Lloyd Road, Taverham, Norwich, Norfolk NR8 6LN3
£230K02/210.28 mi71, Lloyd Road, Taverham, Norwich, Norfolk NR8 6LN3
£415K08/230.31 mi63, Sandy Lane, Taverham, Norwich, Norfolk NR8 6JU3
£230K07/210.31 mi57, Maple Drive, Taverham, Norwich, Norfolk NR8 6TF3
£190K04/210.33 mi7, Buckthorn Close, Taverham, Norwich, Norfolk NR8 6YG3
£265K05/230.33 mi11, Buckthorn Close, Taverham, Norwich, Norfolk NR8 6YG3
£190K04/210.33 mi7, Buckthorn Close, Taverham, Norwich, Norfolk NR8 6YG3
£350K11/230.35 mi48, Springfield Road, Taverham, Norwich, Norfolk NR8 6QU3
£350K05/230.35 mi19, Springfield Road, Taverham, Norwich, Norfolk NR8 6QU3
£325K12/220.35 mi29, Springfield Road, Taverham, Norwich, Norfolk NR8 6QU3
£290K11/230.36 mi1, Juniper Way, Taverham, Norwich, Norfolk NR8 6YF3
£325K09/210.36 mi12, Springfield Road, Taverham, Norwich, Norfolk NR8 6QU3
£280K04/210.36 mi58, Springfield Road, Taverham, Norwich, Norfolk NR8 6QU3
£340K09/230.37 mi12, Mills Close, Taverham, Norwich, Norfolk NR8 6QX3
£405K03/210.44 mi232, Taverham Road, Taverham, Norwich, Norfolk NR8 6SX3
£302.5K01/210.44 mi213, Fakenham Road, Taverham, Norwich, Norfolk NR8 6RQ3
£353K05/210.45 mi211, Fakenham Road, Taverham, Norwich, Norfolk NR8 6RQ3
£269K09/210.46 mi7, St Walstans Road, Taverham, Norwich, Norfolk NR8 6NE3
£260K10/230.48 mi51, Broadgate, Taverham, Norwich, Norfolk NR8 6GH3
£370K12/220.48 mi15, Baldric Road, Taverham, Norwich, Norfolk NR8 6NB3
£265K11/200.49 mi18, Penn Close, Taverham, Norwich, Norfolk NR8 6NL3
£265K04/230.49 mi59, The Drove, Taverham, Norwich, Norfolk NR8 6FT3
£250K07/240.49 mi3, The Drove, Taverham, Norwich, Norfolk NR8 6FT3
£230K05/210.5 mi20, The Drove, Taverham, Norwich, Norfolk NR8 6FT3
£245K04/210.5 mi26, The Drove, Taverham, Norwich, Norfolk NR8 6FT3
£261K04/210.5 mi65, The Drove, Taverham, Norwich, Norfolk NR8 6FT3
£270K12/230.51 mi108, Old Warren, Taverham, Norwich, Norfolk NR8 6GE3
£327K01/210.55 mi13, Penn Road, Taverham, Norwich, Norfolk NR8 6NJ3
£275K11/230.55 mi5, The Cains, Taverham, Norwich, Norfolk NR8 6FU3
£326.5K02/230.55 mi20, The Cains, Taverham, Norwich, Norfolk NR8 6FU3
£280K06/240.56 mi23, Lacey Road, Taverham, Norwich, Norfolk NR8 6ND3

Local Rents

12 rents from £995/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£99506/240.29 mi-3
£1,20006/240.89 miNorgate Way, Taverham, Norwich, NR83
£1,50006/240.97 mi-3
£1,29512/240.98 mi-3
£1,35003/250.98 mi-3
£1,10012/241 miSuters Drive, Taverham, NR83
£1,25012/241.11 miPochard Street, Costessey, Norwich3
£1,20006/241.12 miHeron Road, Norwich3
£99503/241.17 miSteeple Chase, Thorpe Marriott, NR8 6YR3
£1,29512/241.2 mi-3
£1,39904/251.2 mi-3
£1,25006/241.23 miRobin Close, Queens Hill, Costessey, NR83

Local Area Statistics

Population in NR8

20,321

Population in Norwich

366,887

Town centre distance

5.13 miles away

Nearest school

0.20 miles away

Nearest train station

6.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £375,000

January 24, 2025

Floor Plans

Description

  • Detached Home +
  • Entrance Hall +
  • Three Generous Bedrooms +
  • Lounge +
  • 27ft Kitchen/Diner +
  • Wc & Bathroom +
  • Double garage +
  • Enclosed Gardens +
  • Modern +
  • Conservatory +

Nestled in the desirable area of Laburnum Avenue, Taverham, this immaculate detached house presents an exceptional opportunity for families seeking a comfortable and spacious home. The property has been lovingly maintained and offers a perfect blend of modern living and classic charm.

Upon entering, you are greeted by a bright and airy lounge that provides a warm atmosphere for relaxation. The conservatory extends off the dining space, allowing for an abundance of natural light and a seamless connection to the outdoors. The heart of the home is undoubtedly the impressive 27ft kitchen/dining room, ideal for family gatherings and entertaining guests.

This delightful residence boasts three well-proportioned bedrooms, providing ample space for family members or guests. The bathroom is conveniently located to serve all bedrooms with separate shower and bath ensuring comfort and privacy.

Outside, the property features an enclosed garden, perfect for children to play safely or for hosting summer barbecues. Additionally, the double garage and ample off road parking for multiple vehicles offer practicality and ease for busy families.

Situated in a sought-after location, this home is close to local amenities, schools, and parks, making it an ideal choice for those looking to settle in a friendly community. This charming three-bedroom family home is a rare find and is sure to attract considerable interest. Do not miss the chance to make it your own call now to secure your viewing. Price Guide £375,000-£400,000.

Entrance Hall - With Upvc front door, tiled floor, radiator double doors to the lounge, stairs to the first floor and doors also leading to the cloakroom and the kitchen/dining room.

Cloakroom - Circular window to the front aspect, fitted with a wc, wash basin with built in cupboards, tiled floor and radiator.

Lounge - With Upvc double glazed window to the front aspect and two radiators.

Kitchen/Dining Room - Fitted with a range of wall base and drawer units with worktop over, sink unit, built in electric oven, microwave and warming drawer, integrated appliances including fridge freezer, washing machine and dishwasher. Two double glazed windows to the rear aspect and side aspect, radiator, door leading to the garden, double doors leading to the Conservatory and tiled floor.

Conservatory - Built with brick and Upvc windows and doors. Radiator and tiled floor.

Landing - With doors to all rooms, window the side aspect and airing cupboard.

Principle Bedroom - With Upvc double glazed window to the front aspect, radiator and built in wardrobes.

Bedroom 2 - With Upvc double glazed window to the rear aspect, radiator and loft access.

Bedroom 3 - With Upvc double glazed window to the rear aspect and radiator.

Bathroom - Fitted with a four piece suite comprising of panelled bath, shower cubicle, w.c and wash basin, two heated towel rails, fully tiled walls and double glazed window to the front aspect.

Outside - The property is approached by a driveway providing off road parking for multiple vehicles and leading to the double garage with electric door. The double garage houses the central heating boiler. power and lighting. The garden to the rear has been designed for easy maintenance and maximum enjoyment. There is a patio and a lawned area all enclosed by timber fencing. Access doors to the rear of the garage and outside tap. The property also benefits from solar panels and two batteries that can be included subject to negotiations with the owner.

Agent Details

Think Property, Norwich

01603 361893

Next Steps?

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