2 Bed Terraced House, Single Let, Norwich, NR7 0NR, £210,000

Dussindale, NR7 0NR - 2 months ago

BTL
ROI: 2%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£152K - £325K
Sold Prices/m²£2.6K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£262,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£825 - £1,300

Rent Estimate

£956

Running Costs/mo

£867

Cashflow/mo

£89

Cashflow/yr

£1,063

ROI

2%

Gross Yield

5%

Local Sold Prices

49 sold prices from £152K to £325K, average is £225K. £2.6K/m² to £6K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£237K12/220.04 mi28, Roundway Down, Norwich, Norfolk NR7 0NR2
£220K02/240.05 mi4, Chalgrove Field, Norwich, Norfolk NR7 0NP2
£186K06/210.09 mi11, Winceby Close, Thorpe St Andrew, Norwich, Norfolk NR7 0NS2
£222K03/230.09 mi15, Winceby Close, Thorpe St Andrew, Norwich, Norfolk NR7 0NS2
£210K11/210.12 mi16, Independent Way, Norwich, Norfolk NR7 0UX2
£238K10/220.16 mi32, Independent Way, Norwich, Norfolk NR7 0UX2
£222.5K11/230.16 mi40, Bunyan Close, Norwich, Norfolk NR7 0UZ2
£192K04/210.17 mi24, Edgehill, Norwich, Norfolk NR7 0UY2
£238K10/230.17 mi24, Edgehill, Norwich, Norfolk NR7 0UY2
£215K08/230.19 mi32, Parliament Court, Norwich, Norfolk NR7 0TG2
£220K07/210.23 mi8, Fleetwood Drive, Norwich, Norfolk NR7 0RT2
£237.5K03/210.23 mi21, Fleetwood Drive, Norwich, Norfolk NR7 0RT2
£225K05/230.23 mi31, Desborough Way, Norwich, Norfolk NR7 0RR2
£206K02/210.23 mi10, Desborough Way, Norwich, Norfolk NR7 0RR2
£202K01/240.27 mi3, Fairfax Drive, Norwich, Norfolk NR7 0RX2
£220K06/230.27 mi7, Fairfax Drive, Norwich, Norfolk NR7 0RX2
£290K11/200.27 mi48, Fleetwood Drive, Norwich, Norfolk NR7 0RT2
£248K01/230.3 mi20, Eastern Crescent, Norwich, Norfolk NR7 0UE2
£250K06/230.32 mi14, Waller Close, Norwich, Norfolk NR7 0RN2
£213K06/240.32 mi65, Vane Close, Thorpe St Andrew, Norwich, Norfolk NR7 0US2
£265K12/220.35 mi1, Pride Way, Norwich, Norfolk NR7 0WL2
£218K06/210.36 mi1, Pride Way, Norwich, Norfolk NR7 0WL2
£280K01/240.38 mi19, Eastern Avenue, Norwich, Norfolk NR7 0UQ2
£260K02/230.38 mi5, Eastern Avenue, Norwich, Norfolk NR7 0UQ2
£265K08/230.51 mi40, Longfields Road, Norwich, Norfolk NR7 0NB2
£225K02/240.51 mi38, Longfields Road, Norwich, Norfolk NR7 0NB2
£188K01/230.55 mi70, Charles Avenue, Norwich, Norfolk NR7 0PF2
£191K02/210.57 mi75, Primrose Crescent, Thorpe St Andrew, Norwich, Norfolk NR7 0SF2
£263K03/230.57 mi9, Thompson Road, Norwich, Norfolk NR7 0LU2
£270K06/230.57 mi15, Thompson Road, Norwich, Norfolk NR7 0LU2
£225K02/210.59 mi15, South Hill Road, Norwich, Norfolk NR7 0PG2
£262.5K02/230.61 mi41, South Hill Road, Norwich, Norfolk NR7 0PQ2
£206K05/210.61 mi26, South Hill Road, Norwich, Norfolk NR7 0PQ2
£220K10/230.62 mi166, Yarmouth Road, Norwich, Norfolk NR7 0AD2
£200K12/200.68 mi33, Spinney Road, Norwich, Norfolk NR7 0PL2
£235K06/230.69 mi10, Oak Avenue, Norwich, Norfolk NR7 0PD2
£265K03/210.69 mi26, Oak Avenue, Norwich, Norfolk NR7 0PD2
£215K01/210.7 mi30, Elizabeth Avenue, Norwich, Norfolk NR7 0YE2
£195K08/230.7 mi37, Elizabeth Avenue, Norwich, Norfolk NR7 0YE2
£152K05/240.7 mi7, Cyril Road, Norwich, Norfolk NR7 0XL2
£280K09/210.73 mi61, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR2
£265K07/240.73 mi49, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR2
£245K12/220.75 mi13, Caston Road, Norwich, Norfolk NR7 0LS2
£222.5K10/230.75 mi9, Caston Road, Norwich, Norfolk NR7 0LS2
£314K12/230.77 mi12, Spinney Close, Norwich, Norfolk NR7 0PN2
£275K07/240.77 mi2, Spinney Close, Norwich, Norfolk NR7 0PN2
£227.5K10/230.83 mi14, Thorpe Avenue, Norwich, Norfolk NR7 0XB2
£325K11/230.83 mi17, Belmore Close, Norwich, Norfolk NR7 0PS2
£260K11/210.85 mi8, Hillside Close, Norwich, Norfolk NR7 0QJ2

Local Rents

11 rents from £825/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99506/240.23 miDesborough Way, Norwich2
£1,10003/250.34 mi-2
£1,05009/240.34 mi-2
£1,05012/240.35 miDussindale2
£1,30006/240.47 mi-2
£1,25006/240.62 miSt Andrews Close, Norwich, NR72
£1,10012/240.78 miThorpe Close, Norwich, Norfolk, NR72
£1,05006/240.95 miHilton Court, Yarmouth Road2
£1,15006/240.98 miThunder Lane, Thorpe St Andrew, Norwich, NR72
£82512/240.98 miTracey Road, Norwich2
£95010/241.18 mi-2

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

3.06 miles away

Nearest school

0.30 miles away

Nearest train station

2.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £210,000

February 12, 2025

Description

  • Two double bedrroms +
  • Sought after location +
  • Off road parking +
  • Ideal first time purchase +
  • Enclosed rear garden +
  • Close to local amenities +

abbotFox presents this chain free mid terrace two bedroom home located in the well serviced sought after area of Dussindale . Situated close to great road links and local amenities, this property would make for a perfect first time purchase or investment opportunity.

The accommodation comprises of two generous bedrooms, family bathroom, living room and kitchen diner with an enclosed rear garden. This property also benefits from an allocated parking space outside the front of the property alongside visitor parking.

An internal viewing is highly recommended!

Agent Details

AbbotFox, Norwich

01603 510582

Next Steps?

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