3 Bed Terraced House, Single Let, Norwich, NR10 3PB, £245,000

Cedar Avenue, Spixworth, Norwich, NR10 3PB - 2 months ago

BTL
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£185K - £505K
Sold Prices/m²£2.1K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£287,037
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,700

Total Cash In

£69,950

 

 

Cash Out

 

Rent Range

£695 - £3,750

Rent Estimate

£878

Running Costs/mo

£961

Cashflow/mo

£-83

Cashflow/yr

£-999

Gross Yield

4%

Local Sold Prices

50 sold prices from £185K to £505K, average is £252.5K. £2.1K/m² to £6.6K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£190K01/210 mi31, Cedar Avenue, Spixworth, Norwich, Norfolk NR10 3PB3
£242.5K07/240 mi25, Cedar Avenue, Spixworth, Norwich, Norfolk NR10 3PB3
£255.3K10/210 mi3, Cedar Avenue, Spixworth, Norwich, Norfolk NR10 3PB3
£250K12/220 mi29, Cedar Avenue, Spixworth, Norwich, Norfolk NR10 3PB3
£236K05/240.04 mi30, Cedar Avenue, Spixworth, Norwich, Norfolk NR10 3PA3
£190K05/210.06 mi42, Cedar Avenue, Spixworth, Norwich, Norfolk NR10 3PA3
£185K11/200.07 mi176, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QJ3
£190K06/210.09 mi45, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QD3
£189.5K04/210.09 mi14, Orchard Road, Spixworth, Norwich, Norfolk NR10 3QE3
£255K02/230.1 mi18, Orchard Road, Spixworth, Norwich, Norfolk NR10 3QE3
£505K07/210.11 mi19, Lilian Road, Spixworth, Norwich, Norfolk NR10 3PZ3
£375K11/200.11 miCasa Maria, 62, Lilian Road, Spixworth, Norwich, Norfolk NR10 3PZ3
£270K09/230.12 mi129, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QH3
£220K04/210.12 mi143, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QH3
£220K04/210.12 mi143, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QH3
£245K08/220.12 mi153, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QH3
£250K12/220.14 mi158, Chestnut Avenue, Spixworth, Norwich, Norfolk NR10 3QJ3
£315K10/230.14 mi36, Jenny Road, Spixworth, Norwich, Norfolk NR10 3QW3
£380K09/210.15 mi15, Russell Avenue, Spixworth, Norwich, Norfolk NR10 3NY3
£260K06/210.19 mi24, William Peck Road, Spixworth, Norwich, Norfolk NR10 3QB3
£320K11/220.21 mi27, William Peck Road, Spixworth, Norwich, Norfolk NR10 3QB3
£280K03/210.21 mi52, Godfrey Road, Spixworth, Norwich, Norfolk NR10 3NJ3
£342.5K08/230.21 mi52, Godfrey Road, Spixworth, Norwich, Norfolk NR10 3NJ3
£245K03/210.23 mi27, William Peck Road, Spixworth, Norwich, Norfolk NR10 3QB3
£265K01/210.29 mi96, Crostwick Lane, Spixworth, Norwich, Norfolk NR10 3NG3
£272.5K09/230.29 mi123, Crostwick Lane, Spixworth, Norwich, Norfolk NR10 3NG3
£258K09/230.33 mi12, James Green Close, Spixworth, Norwich, Norfolk NR10 3NF3
£212.5K08/210.33 mi19, James Green Close, Spixworth, Norwich, Norfolk NR10 3NF3
£300K03/210.33 mi6, Trafford Way, Spixworth, Norwich, Norfolk NR10 3QL3
£285K03/210.33 mi33, Trafford Way, Spixworth, Norwich, Norfolk NR10 3QL3
£380K03/240.34 mi135, Crostwick Lane, Spixworth, Norwich, Norfolk NR10 3NQ3
£386K11/210.35 mi52, Sydney Road, Spixworth, Norwich, Norfolk NR10 3PQ3
£220K01/210.35 mi53, Sydney Road, Spixworth, Norwich, Norfolk NR10 3PQ3
£242K07/240.36 mi2, Christine Road, Spixworth, Norwich, Norfolk NR10 3PH3
£240K04/230.36 mi4, Christine Road, Spixworth, Norwich, Norfolk NR10 3PH3
£305K06/210.38 mi87, Park Road, Spixworth, Norwich, Norfolk NR10 3NP3
£278K02/210.38 mi12, Bowling Green Close, Spixworth, Norwich, Norfolk NR10 3NE3
£391K10/230.43 mi52, Rosetta Road, Spixworth, Norwich, Norfolk NR10 3NW3
£262.5K07/230.45 mi4, Fieldfare Close, Spixworth, Norwich, Norfolk NR10 3RA3
£250K01/240.45 mi10, Fieldfare Close, Spixworth, Norwich, Norfolk NR10 3RA3
£197.5K07/210.45 mi217, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ3
£270K06/230.46 mi170, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ3
£248.5K03/240.46 mi223, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ3
£248K04/210.46 mi128, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ3
£187K02/210.46 mi156, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QZ3
£411K04/230.46 mi72, Park Road, Spixworth, Norwich, Norfolk NR10 3PJ3
£250K09/210.46 mi8, Fieldfare Close, Spixworth, Norwich, Norfolk NR10 3RA3
£202K11/200.51 mi19, Chittock Close, Spixworth, Norwich, Norfolk NR10 3QR3
£320K03/230.51 mi21, Chittock Close, Spixworth, Norwich, Norfolk NR10 3QR3
£235K05/210.51 mi125, Arthurton Road, Spixworth, Norwich, Norfolk NR10 3QX3

Local Rents

50 rents from £695/mo to £3.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,19501/240.02 mi-4
£1,75006/240.22 miRussell Avenue, Spixworth, Norwich4
£1,78010/240.27 mi-4
£1,30004/250.4 mi-3
£95003/240.44 miSpixworth, NR102
£3,75006/240.49 miNorth Walsham Road, Crostwick4
£3,75006/240.49 miNorth Walsham Road, Norwich, Norfolk, NR124
£2,10006/241.3 miMill Road, Frettenham, NORWICH6
£89506/241.66 miSt Faiths Lane, Old Catton, NR62
£1,30002/251.67 mi-4
£2,00012/241.68 miWindsor Park Gardens, Norwich5
£85012/241.69 mi-2
£2,75009/241.69 mi-6
£3,19506/241.75 miSt. Faiths Road, Norwich, Norfolk, NR65
£1,40006/241.8 miThree Corner Drive, Norwich3
£1,30004/251.82 mi-3
£95006/241.84 mi-2
£76012/241.85 mi-1
£1,05003/241.89 miCatton, North Of The City2
£1,10005/241.89 mi-2
£1,05012/241.9 miWilks Farm Drive, Sprowston, Norwich, NR73
£89506/241.91 miWilks Farm Drive, Sprowston, Norwich, NR72
£95003/241.91 miWilks Farm Drive,Sprowston,Norwich,NR72
£1,20012/241.95 miPriors Drive, Norwich3
£1,80006/241.97 miSt. Marys Grove, Norwich, NR75
£1,80003/241.97 mi-5
£92506/242.02 miChurch View Court, NORWICH2
£1,40012/242.02 mi-3
£1,65012/242.04 miConroy Close, Norwich4
£1,05003/252.05 mi-3
£1,10006/242.07 miCranes Croft Road3
£1,20012/242.07 mi-2
£1,05006/242.08 miSpixworth Road, Old Catton, Norwich, NR63
£1,30012/242.11 mi-3
£1,35006/242.14 miMoore Avenue, NR64
£1,35007/242.16 miConsort Avenue3
£1,20008/242.16 miRackheath2
£1,00009/242.18 mi-1
£1,20012/242.22 miBeaufort Close, Old Catton, Norwich3
£1,30012/242.23 miNorth Walsham Road, Norwich3
£1,17503/252.24 mi-3
£1,10006/242.24 miNR62
£92512/242.24 miSwan Lane, Sprowston2
£1,60006/242.25 miChurch Street, Old Catton, Norwich4
£1,15006/242.28 mi-4
£95006/242.28 mi-2
£95010/242.28 mi-2
£92512/242.28 mi-2
£69506/242.28 miLibra Court, Sparhawk Avenue, Sprowston, NR71
£69506/242.28 miLibra Court, Sparhawk Avenue, Sprowston, NR71

Local Area Statistics

Population in NR10

22,761

Population in Norwich

366,887

Town centre distance

3.75 miles away

Nearest school

0.10 miles away

Nearest train station

3.03 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £245,000

March 20, 2025

Listed for £250,000

February 13, 2025

Floor Plans

Description

  • Three Bedroom Mid-Terrace House +
  • Newly Fitted Kitchen, Cloakroom & Bathroom +
  • Spacious Living/Dining Room With French Doors Into Rear Garden +
  • Downstairs Cloakroom & Upstairs Family Bathroom +
  • Enclosed Rear Garden +
  • Driveway Parking & En-Bloc Garage +
  • Sought After Village Location +
  • EPC Rating: D / Council Tax Band: B +

Nestled in the highly desirable village of Spixworth, this location offers a range of local amenities, including a small supermarket, doctor's surgery, dentist, chemist, and schooling. Additionally, the village provides excellent transport links to Norwich City Centre and the NDR.

The property has been tastefully decorated throughout and benefits from several recent upgrades. The internal accommodation includes an entrance hall, a newly fitted kitchen, a newly fitted cloakroom, and a spacious living/dining room with French doors leading to the rear garden. Upstairs, you'll find a master bedroom, two additional bedrooms, and a recently updated family bathroom.

Externally, the property boasts an enclosed rear garden, driveway parking, and an en-bloc garage.

Accommodation:

Entrance Hall - UPVC door to front aspect. Radiator and storage cupboard.

Cloakroom - Window to front aspect. WC and wash hand basin.

Kitchen - 8'8" x 7'2" (2.67m x 2.18m) - Window to front aspect. Matching wall and base units with work surfaces over. Sink and drainer with mixer tap over, plumbing for washing machine and space for fridge/freezer. Built in electric oven and induction hob.

Living Room - 15'1" x 15'9" (4.59m x 4.84m) - French doors opening into the rear garden. Under stairs storage cupboard and radiator.

Dining Area - 9'1" x 5'6" (2.77m x 1.70m) - Radiator.

First Floor Landing - Airing cupboard housing the boiler and loft access.

Bedroom One - 12'5" x 2'7" (3.81m x 2.65m) - Window to front aspect and radiator. Built in storage area.

Bedroom Two - 8'4" x 10'7" (2.56m x 3.26m) - Window to rear aspect and radiator.

Bedroom Three - 6'3" x 10'7" (1.92m x 3.27m) - Window to rear aspect and radiator.

Bathroom - Bath with shower over. WC and wash hand basin. Heated towel rail.

Outside:

Front: Driveway providing off road parking. Electric vehicle charging point and external storage cupboard with UPVC door and power.

Rear: Enclosed by fencing, mainly laid to lawn with decking and patio areas. Rear access gate providing access to the en-bloc garage.

En-Bloc Garage - Up and over door.

Utilities:

EPC Rating: D
Council Tax Band: B
Local Authority: Broadland District Council
Heating Type: Gas Central Heating
Mains Water & Mains Drainage

DISCLAIMER
Financial Services - As part of our continued commitment to providing the best service to all of our clients we work closely with The Financial Hub who is our sister firm. As part of our commitment to our vendors we do need to establish the financial position of any potential buyer booked for a viewing or that makes an offer on their home.
The Financial Hub offer FEE FREE mortgage and protection advice from any stage of the buying or selling process and our vendors are asked upon agreeing to sell their home with us, if they would like the option to have their buyers qualified by our team at The Financial Hub.
The Financial Hub Ltd are regulated by the financial ombudsman and operate on an independent basis within our premises at Whitegate, The Street, Rickinghall, Diss, IP22 1EG. FCA reference number: 985919. Website:

Disclaimers -
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS. NEITHER BELVOIR NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

The Estate Agency Hub Ltd, Covering Norfolk & Suffolk

01379 773595

Next Steps?

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