3 Bed Semi-Detached House, Single Let, Norwich, NR15 1PF, £245,000

Olive Avenue, Newton Flotman, Norwich, NR15 1PF - 2 months ago

BTL
~69 m²
+17 photos

ValuationOvervalued

Sold Prices£180K - £405K
Sold Prices/m²£2.2K/m² - £6K/m²

 

 

Square Metres

~68.60 m²
Price/m²£3.6K/m²

Value Estimate

£201,859

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£15,850

Total Cash In

£77,100

 

 

Cash Out

 

Rent Range

£800 - £2,150

Rent Estimate

£803

Running Costs/mo

£946

Cashflow/mo

£-143

Cashflow/yr

£-1,719

Gross Yield

4%

Local Sold Prices

24 sold prices from £180K to £405K, average is £282.5K. £2.2K/m² to £6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£195K05/210.02 mi73, Olive Avenue, Newton Flotman, Norwich, Norfolk NR15 1PF3
£320K08/220.06 mi72, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF3
£230K02/210.06 mi93, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF3
£270K06/230.06 mi50, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF3
£210K04/240.06 mi80, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF3
£351.5K07/210.1 miBramley Cottage, St Marys Close, Newton Flotman, Norwich, Norfolk NR15 1AH3
£249K01/220.1 mi24, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY3
£211K06/210.1 mi6, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY3
£250K09/220.1 mi39, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY3
£180K12/200.1 mi35, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1PY3
£305K11/210.15 mi1, Rectory Close, Newton Flotman, Norwich, Norfolk NR15 1PZ3
£320K11/230.15 mi1, Rectory Close, Newton Flotman, Norwich, Norfolk NR15 1PZ3
£325K01/210.16 mi5, Brightons Road, Newton Flotman, Norwich, Norfolk NR15 1PU3
£326K06/210.17 mi2, Sewells Close, Newton Flotman, Norwich, Norfolk NR15 1PX3
£280K01/210.2 mi19, Joy Avenue, Newton Flotman, Norwich, Norfolk NR15 1RD3
£319K12/200.2 mi13, Joy Avenue, Newton Flotman, Norwich, Norfolk NR15 1RD3
£405K10/230.21 mi1, Grove Dale, Newton Flotman, Norwich, Norfolk NR15 1QG3
£240K11/200.21 mi12, Grove Dale, Newton Flotman, Norwich, Norfolk NR15 1QG3
£367.5K12/200.22 miDriftway, Ipswich Road, Newton Flotman, Norwich, Norfolk NR15 1PN3
£280K11/210.23 mi7, Flordon Road, Newton Flotman, Norwich, Norfolk NR15 1QX3
£307K09/230.23 miGowan Lea, Flordon Road, Newton Flotman, Norwich, Norfolk NR15 1QX3
£285K05/230.29 mi5, Church Road, Newton Flotman, Norwich, Norfolk NR15 1QB3
£255K06/230.57 mi11, West End, Saxlingham Thorpe, Norwich, Norfolk NR15 1UE3
£285K09/230.57 mi13, West End, Saxlingham Thorpe, Norwich, Norfolk NR15 1UE3

Local Rents

29 rents from £800/mo to £2.1K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,15006/240.02 miOlive Avenue, Newton Flotman, Norwich3
£1,20008/240.12 miAlan Avenue, NR153
£1,20008/240.12 miAlan Avenue, Newton Flotman, NR153
£1,37507/241.31 miMinnow Way, Mulbarton, Norwich, Norfolk, NR143
£1,15003/241.43 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152
£95003/241.44 miMalthouse, Norwich Road, Swainsthorpe, Norwich, NR142
£1,25006/241.45 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£99506/241.47 miBromdale Avenue, Mulbarton, NR14 8GG3
£90009/231.51 mi-2
£1,19506/241.51 miMulbarton3
£87509/241.51 miBromedale Avenue, Mulbarton, NORWICH1
£92507/241.53 miWheatfield Road, NR142
£1,10007/241.54 miRyefield Road, NR143
£90002/241.54 mi-2
£90012/241.54 mi-2
£80006/241.54 miRyefield Road, Mulbarton, Norwich, South Norfolk, NR142
£1,20007/241.6 miGowing Road, Mulbarton, NR143
£99506/241.6 miWoodyard Close, Mulbarton3
£1,25011/231.64 mi-3
£1,20002/251.7 mi-3
£80006/241.73 miThe Common, Mulbarton2
£1,05003/241.82 mi-3
£82508/231.84 mi-1
£85008/241.84 mi-1
£85012/241.84 mi-1
£85003/251.84 mi-1
£1,00007/241.86 miMulbarton3
£1,10007/241.88 miHawes Green2
£2,15006/241.9 miThe Common, Dunston, Norwich3

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

7.22 miles away

Nearest school

0.20 miles away

Nearest train station

6.18 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £245,000

February 5, 2025

Floor Plans

Description

  • Semi-Detached Home +
  • Cul-De-Sac Setting +
  • Open Plan Sitting/Dining Room +
  • Modern Fitted Kitchen +
  • Conservatory with Garden Views +
  • Modern Family Bathroom with Shower +
  • Enclosed Gardens & Ample Parking +

IN SUMMARY
Having been WELL MAINTAINED and MODERNISED over the years, this semi-detached home enjoys a SECLUDED cul-de-sac SETTING within the village, with EASY ACCESS to the A140 and village amenities. With oil fired CENTRAL HEATING and REPLACEMENT DOUBLE GLAZED WINDOWS in 2023, the property is turn key and ready to move in. Ample PARKING can be found to front, tucked away behind mature hedging, with a TERRACE STYLE GARDEN which has been LANDSCAPED to include a PATIO and main LAWN. The accommodation comprises a hall entrance, OPEN PLAN 23’ SITTING/DINING ROOM, fitted kitchen and CONSERVATORY to the ground floor. THREE BEDROOMS lead off the landing, along with a bathroom which has been fitted with a SHOWER over the bath. SETTING THE SCENE
Approached via a tarmac driveway, lawned gardens can be found in front with mature hedging and a tree offering seclusion from the road. The hard standing footpath leads to the gated rear garden and main entrance door.

THE GRAND TOUR
Heading inside you step into a hall entrance with stairs rising to the first floor landing, with ample space for coats and shoes, and a door taking you to the main living space. The main sitting and dining areas include wood effect flooring underfoot, with a uPVC double glazed bay window to front and ample space for soft furnishings and a dining table. The adjacent kitchen leads off with a u-shape arrangement of wall and base level units. housing space for an electric cooker and general white goods including a fridge, freezer and washing machine, with a window facing to rear and matching up-stands running around the work surface. From the dining area a window and door lead to the rear facing conservatory which offers an extension to the living space, complete with double glazed windows, tile flooring and French doors to the rear garden. Heading upstairs, the three bedrooms lead off the landing along with a built-in airing cupboard, family bathroom and loft access hatch. The smaller bedroom sits to the front with a built-in storage cupboard over the stairs, with the main bedroom also facing to the front, and the second double to the rear enjoying garden views - all of which are finished with fitted carpet. The family bathroom completes the property with a modernised white three piece suite including a shower over the bath, tiled walls, vanity hand wash basin with storage below and a heated towel rail.

FIND US
Postcode : NR15 1PF
What3Words : ///winded.delay.couriers VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: C

Agent Details

Starkings & Watson, Poringland

01508 356456

Next Steps?

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