4 Bed Semi-Detached House, Single Let, Norwich, NR5 8HT, £260,000

Scarnell Road, Norwich, NR5 8HT - 2 months ago

BTL
~129 m²
+9 photos

ValuationUndervalued

Sold Prices£150K - £760K
Sold Prices/m²£1.8K/m² - £7.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£341,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£10,700

Total Cash In

£75,700

 

 

Cash Out

 

Rent Range

£410 - £3,600

Rent Estimate

£520

Running Costs/mo

£937

Cashflow/mo

£-416

Cashflow/yr

£-4,998

Gross Yield

2%

Local Sold Prices

48 sold prices from £150K to £760K, average is £295K. £1.8K/m² to £7.7K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£150K02/240 mi33, Scarnell Road, Norwich, Norfolk NR5 8HT4
£350K07/230.17 mi561, Earlham Road, Norwich, Norfolk NR4 7TF4
£391.5K06/230.18 mi16, Earlham Green Lane, Norwich, Norfolk NR5 8HA4
£258K11/200.22 mi6, Buttermere Road, Norwich, Norfolk NR5 8LP4
£512K10/210.32 mi24, Primula Drive, Norwich, Norfolk NR4 7LZ4
£206K10/200.4 mi4, Filby Close, Norwich, Norfolk NR5 8DS4
£220K01/240.41 mi33, Irstead Road, Norwich, Norfolk NR5 8AR4
£600K12/220.46 mi496, Earlham Road, Norwich, Norfolk NR4 7HP4
£260K04/230.48 mi9, Ivory Road, Norwich, Norfolk NR4 7DT4
£290K08/240.49 mi156, Bluebell Road, Norwich, Norfolk NR4 7LN4
£220K11/200.54 mi151, Motum Road, Norwich, Norfolk NR5 8EG4
£273K03/230.54 mi63, Northfields, Norwich, Norfolk NR4 7ES4
£300K03/230.55 mi209, The Avenues, Norwich, Norfolk NR4 7DN4
£252K03/210.57 mi120, The Avenues, Norwich, Norfolk NR4 7DP4
£412.5K11/220.59 mi465, Earlham Road, Norwich, Norfolk NR4 7HL4
£230K05/210.59 mi45, Clarkson Road, Norwich, Norfolk NR5 8EE4
£277.5K06/240.59 mi16, Ruskin Road, Norwich, Norfolk NR4 7DZ4
£268K05/240.6 mi1, Clarkson Road, Norwich, Norfolk NR5 8EF4
£417.5K05/210.61 mi461, Earlham Road, Norwich, Norfolk NR4 7HL4
£485K07/230.61 mi447, Earlham Road, Norwich, Norfolk NR4 7HL4
£300K09/220.62 mi36, Henderson Road, Norwich, Norfolk NR4 7JW4
£225K11/220.63 mi44, St Mildreds Road, Norwich, Norfolk NR5 8RS4
£272.5K04/210.67 mi2a, Old Watton Road, Colney, Norwich, Norfolk NR4 7TN4
£222.5K12/200.68 mi103, St Mildreds Road, Norwich, Norfolk NR5 8RZ4
£195K03/210.68 mi25, Lound Road, Norwich, Norfolk NR4 7JQ4
£240K02/210.71 mi10, Farrow Road, Norwich, Norfolk NR5 8AH4
£458K04/230.72 mi21b, Hellesdon Road, Norwich, Norfolk NR6 5EB4
£250K06/210.74 mi102, North Park Avenue, Norwich, Norfolk NR4 7EG4
£300K10/230.75 mi612, Dereham Road, Norwich, Norfolk NR5 8TE4
£285K10/230.76 mi10, Harbord Road, Norwich, Norfolk NR4 7HJ4
£290K03/230.76 mi63, Hellesdon Road, Norwich, Norfolk NR6 5EE4
£330K06/210.78 mi364, Dereham Road, Norwich, Norfolk NR5 8QE4
£150K12/230.79 mi59, Winchcomb Road, Norwich, Norfolk NR2 3UE4
£525K10/210.82 mi256, Earlham Road, Norwich, Norfolk NR2 3RH4
£423K03/210.82 mi262, Earlham Road, Norwich, Norfolk NR2 3RH4
£672K09/230.82 mi246, Earlham Road, Norwich, Norfolk NR2 3RH4
£350K08/230.84 mi122, Colman Road, Norwich, Norfolk NR4 7HB4
£630K12/220.87 mi234, Earlham Road, Norwich, Norfolk NR2 3RH4
£750K02/240.89 mi19, Le Strange Close, Norwich, Norfolk NR2 3PW4
£315K07/230.9 mi61, Holworthy Road, Norwich, Norfolk NR5 9DG4
£250K08/230.92 mi8, Humbleyard, Norwich, Norfolk NR5 9BA4
£390K11/210.94 mi15, The Willows, Norwich, Norfolk NR2 4GW4
£375K11/230.95 mi2, The Hedgerows, Norwich, Norfolk NR5 9BP4
£557K06/210.95 mi165, Christchurch Road, Norwich, Norfolk NR2 3PJ4
£585K11/200.95 mi183, Christchurch Road, Norwich, Norfolk NR2 3PJ4
£232K11/200.97 mi3, Nasmith Road, Norwich, Norfolk NR4 7BH4
£760K07/230.97 mi28, Jessopp Road, Norwich, Norfolk NR2 3QA4
£225K02/210.98 mi110, Bowthorpe Road, Norwich, Norfolk NR2 3TR4

Local Rents

50 rents from £410/mo to £3.6K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,75006/240.01 miScarnell Road5
£2,62512/240.01 miScarnell Road, Norwich5
£3,60006/240.01 miScarnell Road, Norwich6
£1,70006/240.02 miCunningham Road, Norwich4
£2,00012/240.02 mi-5
£2,50012/240.02 mi-5
£1,50006/240.05 miScarnell Road, Norwich4
£2,62506/240.06 miCunningham Road, Earlham, Norwich, NR55
£2,00012/240.06 miPriscilla Close NR5 8HJ4
£1,70006/240.07 miCunningham Road, Norwich4
£1,60012/240.07 miCunningham Road, NORWICH4
£1,90006/240.08 miKeable Close, Earlham, Norwich, NR54
£2,62512/240.09 miFriends Road, Norwich5
£1,90006/240.09 miEdgeworth Road, Earlham, Norwich, NR54
£1,50006/240.09 miEdgeworth Road, Norwich, Norfolk, NR54
£2,40002/240.09 miEdgeworth Road, Norwich6
£2,49606/240.1 miFriends Road STUDENT, Norwich, NR56
£2,75006/240.1 miFriends Road, Norwich6
£2,65006/240.1 miFriends Road, Norwich, Norfolk, NR55
£2,62512/240.1 miEdgeworth Road, Norwich5
£2,10012/240.11 mi-5
£1,97506/240.12 miFriends Road, Norwich, Norfolk, NR55
£1,92002/250.12 mi-4
£2,50006/240.12 miHemlin Close, Earlham, Norwich, NR55
£1,84006/240.12 miMottram Close, Norwich4
£1,84006/240.12 miMottram Close, Norwich4
£2,20012/240.13 mi-5
£2,50012/240.13 miFriends Road, Norwich, NR55
£1,68003/240.13 miEdgeworth Road, Norwich4
£2,75006/240.15 miCunningham Road5
£1,68003/240.16 miRockingham Road, Norwich4
£3,10012/240.16 miCunningham Road, Norwich, NR56
£2,75006/240.16 miCunningham Road, Norwich, NR56
£3,15206/240.17 miDilham, Enfield Road, Norwich, NR54
£1,70006/240.17 miCunningham Road, Norwich, NR54
£2,05006/240.17 miFriends Road, Norwich5
£1,85006/240.17 miFriends Road, Earlham, Norwich, NR54
£41006/240.17 miFriends Road, Norwich5
£41006/240.17 miFriends Road, Norwich5
£2,35006/240.18 miEarlham Green Lane, Norwich5
£1,29006/240.18 mi-3
£1,38012/240.18 mi-3
£2,10012/240.19 miEarlham Road, Norwich, NR4 7TG3
£2,75006/240.19 miWakefield Road5
£1,70006/240.2 miWakefield Road, Norwich4
£1,40006/240.2 miWakefield Road, Norwich4
£2,00012/240.2 miWakefield Road, Norwich4
£2,00012/240.2 miWakefield Road, Norwich, Norfolk, NR54
£1,70012/240.2 miWakefield Road, NORWICH4
£1,80006/240.21 miWakefield Road, Norwich, NR54

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.18 miles away

Nearest school

0.10 miles away

Nearest train station

2.70 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £260,000

March 16, 2025

Listed for £275,000

February 15, 2025

Floor Plans

Description

  • Let for £1500 PCM +
  • Close to UEA & Hospital +
  • Double Garage +
  • Buy to Let opportunity +
  • 21ft kitchen/diner +

SUMMARY
NO ONWARD CHAINA superb four bedroom semi-detached established home situated within easy access to Norwich's UEA and N&N hospital, making this property a fantastic buy to let opportunity. The property boasts a 21ft open plan kitchen/dining room with spacious garden and double garage!

DESCRIPTION
This superb four-bedroom semi-detached home presents an exceptional opportunity, particularly for those looking to invest in the rental market. Its prime location, offering convenient access to both the University of East Anglia (UEA) and the Norfolk & Norwich University Hospital (N&N), makes it highly attractive to students, medical professionals, and hospital staff alike.
The property boasts a 21ft open plan kitchen/dining room, with lovely conservatory and ground floor utility room. There is a bedroom on the ground floor, bathroom and three further bedrooms all off-landing on the first floor. The property has ample off-road paring, detached double garage to side and a good sized lawned rear garden. There is uPVC double glazing, gas fired central heating, the property is currently being let for £1500 PCM, details of which can be found from ourselves.

Entrance Hall 
Entrance door in, under the stairs cupboard.

Kitchen/Diner 21' x 8' 9" ( 6.40m x 2.67m )
Fully fitted and comprehensive range of eye and base level kitchen units, fitted working surfaces and splashbacks. Built-in electric oven, built-in electric hob, space for fridge-freezer, built-in dishwasher and uPVC double doors and window to rear garden. Radiator.

Lean-To Conservatory 12' 2" x 10' 5" ( 3.71m x 3.17m )
Windows and doors to garden.

Utility Room 17' 9" x 4' 3" ( 5.41m x 1.30m )
Plumbing for washing machine, wash hand basin and uPVC window and door to side aspect.

Seperate Wc 
With low level WC.

Bedroom One 12' 4" x 9' 2" ( 3.76m x 2.79m )
uPVC window to front aspect, fitted laminated flooring and radiator.

First Floor Landing 

Bedroom Two 13' 4" x 8' 8" ( 4.06m x 2.64m )
Built-in wardrobe, uPVC window to rear aspect and radiator.

Bedroom Three 12' 1" max x 12' ( 3.68m max x 3.66m )
uPVC window to front aspect and radiator. Inset airing cupboard.

Bedroom Four 8' 6" max x 6' 11" ( 2.59m max x 2.11m )
Built-in cabin bed, uPVC window to front aspect and radiator.

Exterior 
The property has gravel parking area/driveway to side providing off-road parking for numerous vehicles. There is a good sized lawned rear garden which is enclosed by mature hedging. There is a detached double garage.

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. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
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 OR TENANTS. NEITHER SEQUENCE (UK) LIMITED 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

William H. Brown, Norwich

01603 361933

Next Steps?

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