2 Bed Terraced House, Single Let, Norwich, NR13 3XB, £220,000

Preston Close, Freethorpe, NR13 3XB - 2 months ago

BTL
~68 m²
+12 photos

ValuationFair Value

Sold Prices£164.5K - £320K
Sold Prices/m²£2.3K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£222,403

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£8,100

Total Cash In

£63,100

 

 

Cash Out

 

Rent Range

£750 - £1,500

Rent Estimate

£825

Running Costs/mo

£873

Cashflow/mo

£-47

Cashflow/yr

£-570

Gross Yield

5%

Local Sold Prices

21 sold prices from £164.5K to £320K, average is £235K. £2.3K/m² to £3.9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£165K12/200 mi11, Preston Close, Freethorpe, Norwich, Norfolk NR13 3XB2
£205K01/230.16 mi65, The Common, Freethorpe, Norwich, Norfolk NR13 3LX2
£180K02/210.94 miMagnolia Cottage, Well Road, Limpenhoe, Norwich, Norfolk NR13 3AL2
£295K05/230.94 miOrenda, Mill Road, Halvergate, Norwich, Norfolk NR13 3PG2
£237K08/231.5 mi23, Station Drive, Reedham, Norwich, Norfolk NR13 3JF2
£237K08/231.5 mi23, Station Drive, Reedham, Norwich, Norfolk NR13 3JF2
£245K04/211.51 miGretna Cottage, The Street, Halvergate, Norwich, Norfolk NR13 3AJ2
£192K12/201.65 mi35, Station Road, Reedham, Norwich, Norfolk NR13 3TB2
£235K06/211.65 mi33, Station Road, Reedham, Norwich, Norfolk NR13 3TB2
£180K04/211.65 mi25, Church Road, Cantley, Norwich, Norfolk NR13 3SN2
£202K05/211.68 mi13, Oaklands Close, Halvergate, Norwich, Norfolk NR13 3PP2
£164.5K08/211.69 mi6, Langley Road, Cantley, Norwich, Norfolk NR13 3SR2
£204.5K10/231.69 mi12, Langley Road, Cantley, Norwich, Norfolk NR13 3SR2
£295.2K08/231.72 miDove Cottage, Squires Road, Halvergate, Norwich, Norfolk NR13 3PZ2
£320K12/231.79 miPrimrose Cottage, Chapel Road, Halvergate, Norwich, Norfolk NR13 3QA2
£195K06/211.83 mi7, Stanley Close, Cantley, Norwich, Norfolk NR13 3RW2
£262.5K05/211.89 miBirds Nest Cottage, School Lane, Cantley, Norwich, Norfolk NR13 3SA2
£194K01/211.9 mi7, Station Road, Reedham, Norwich, Norfolk NR13 3TA2
£237.5K07/211.97 mi46, Riverside, Reedham, Norwich, Norfolk NR13 3TE2
£240K08/231.97 mi58, Riverside, Reedham, Norwich, Norfolk NR13 3TE2
£300K03/212.45 mi2, Chapel Road, Beighton, Norwich, Norfolk NR13 3LE2

Local Rents

16 rents from £750/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95007/240.08 miPearsons Close, Freethorpe, Norwich3
£75008/240.31 miThe Green, Freethorpe, Norwich1
£1,35006/240.44 miSutton Crescent, NR134
£1,35006/240.44 miSutton Crescent, NR134
£82507/240.88 miLimpenhoe3
£82507/241.02 miLimpenhoe2
£95006/241.5 miStation Drive, Reedham, Norwich2
£1,20006/241.73 miPenny Rise, Halvergate, NR133
£1,20006/241.74 mi-3
£1,10006/241.9 miStation Road, Reedham2
£92507/241.91 miReedham2
£89506/241.96 miRiverside, Reedham2
£1,50006/232.03 mi-3
£89506/242.23 miTunstall3
£89506/242.23 miTunstall3
£95006/242.39 miHalvergate3

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

11.54 miles away

Nearest school

0.30 miles away

Nearest train station

1.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £220,000

February 8, 2025

Listed for £230,000

January 25, 2025

Floor Plans

Description

  • End Terrace House +
  • Two Double Bedrooms +
  • Driveway & Garage +
  • Modern Kitchen & Dining Area +
  • Open Field Views From Bedroom +
  • Living Room With Feature Wood Burner +
  • New Windows, Doors & Air Source Heating +
  • Enclosed Rear Garden +
  • First Floor Family Bathroom +
  • Ideal Starter Home In Immaculate Condition +

Situated within Freethorpe & recently renovated throughout, this end terrace home is a perfect blend of modern comfort and countryside charm. Lovingly upgraded by its current owners, the property boasts exceptional field views from the upstairs bedrooms! The ground floor features a cosy living room complete with a feature wood burner. A newly fitted, modern kitchen flows seamlessly into the dining room, creating a bright and open space for entertaining. Upstairs, you'll find two generously sized double bedrooms and a family bathroom. With numerous upgrades, including new windows and doors, as well as efficient air source heating, this end terrace house proves an ideal first home!

Outside, the property benefits from its own private driveway, offering comfortable parking for two vehicles. Furthermore, it has the added convenience of its own garage, with electrics. The rear garden proves fully enclosed, and has two seating areas, with one decking area and a separate patio area. A small shed and neatly stacked firewood add functionality to the garden.

Entrance Hall

Living Room 12' x 11' (3.66m x 3.36m)

Kitchen 9'9 x 8'1 (2.98m x 2.47m)

Dining Room 9'9 x 6'9 (2.98m x 2.05m)

Master Bedroom 12' x 11' (3.66m x 3.36m)

Bedroom 9'9 x 8'1 (2.98m x 2.47m)

Family Bathroom 6'9 x 5'6 (2.05m x 1.67m)

The village of Freethorpe is a highly sought-after location, nestled within a peaceful and picturesque landscape. It boasts a range of local amenities and offers convenient access to the A47, with Great Yarmouth, the Norfolk coastline, and Norwich city centre all within easy reach. Just a short drive away is the larger village of Acle, which provides an extensive selection of amenities, including village shops, schools, and a train station.

IMPORTANT NOTICES

Local Authority: Broadland District Council

Council Tax Band: B

Current EPC rating: TBC

Property Ladder, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

3. These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers. Property Ladder have not physically seen the lease nor the deeds.

Agent Details

Property Ladder, Norwich

01603 361657

Next Steps?

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