3 Bed Bungalow, Single Let, Norwich, NR6 5SH, £220,000

199 Nursery Close, Norwich, NR6 5PX - 1 views - a month ago

Sold STC
Leasehold
BTL
ROI: 5%
50 m²
+13 photos

ValuationOvervalued

Sold Prices£168K - £450K
Sold Prices/m²£2K/m² - £7K/m²

 

 

Square Metres

50 m²
Price/m²£4.4K/m²

Value Estimate

£155,935

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£950 - £1,600

Rent Estimate

£1,200

Running Costs/mo

£948

Cashflow/mo

£253

Cashflow/yr

£3,030

ROI

5%

Gross Yield

7%

Local Sold Prices

48 sold prices from £168K to £450K, average is £258K. £2K/m² to £7K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£255K01/230.02 mi163, Nursery Close, Norwich, Norfolk NR6 5SH3
£220K06/230.06 mi42, Nursery Close, Norwich, Norfolk NR6 5SJ3
£212.5K04/230.06 mi30, Nursery Close, Norwich, Norfolk NR6 5SJ3
£205K03/210.06 mi42, Nursery Close, Norwich, Norfolk NR6 5SJ3
£190K04/210.06 mi44, Nursery Close, Norwich, Norfolk NR6 5SJ3
£195K09/210.07 mi69, Nursery Close, Norwich, Norfolk NR6 5SL3
£197K05/210.07 mi63, Nursery Close, Norwich, Norfolk NR6 5SL3
£168K12/200.07 mi41, Nursery Close, Norwich, Norfolk NR6 5SL3
£233K08/240.07 mi93, Nursery Close, Norwich, Norfolk NR6 5SL3
£335K01/230.11 mi15, Woodland Road, Hellesdon, Norwich, Norfolk NR6 5RA3
£235K06/210.11 mi156, Middletons Lane, Norwich, Norfolk NR6 5SQ3
£265K08/230.13 mi14, Woodland Road, Hellesdon, Norwich, Norfolk NR6 5RA3
£255K12/230.13 mi24, Woodland Road, Hellesdon, Norwich, Norfolk NR6 5RA3
£293K02/210.14 mi168, Middletons Lane, Norwich, Norfolk NR6 5SF3
£224.5K05/210.16 mi7, Millennium Avenue, Norwich, Norfolk NR6 5RU3
£251K07/210.18 mi49, Neylond Crescent, Norwich, Norfolk NR6 5QE3
£380K05/230.18 mi112, Neylond Crescent, Norwich, Norfolk NR6 5QE3
£300K02/240.18 mi75, Neylond Crescent, Norwich, Norfolk NR6 5QE3
£252.5K11/230.18 mi3, Kinsale Avenue, Norwich, Norfolk NR6 5SG3
£275K10/200.19 mi19, Wood View Road, Hellesdon, Norwich, Norfolk NR6 5QB3
£385K02/210.19 mi2, Hamond Road, Norwich, Norfolk NR6 5RR3
£280K03/230.19 mi6, Hamond Road, Norwich, Norfolk NR6 5RR3
£210K10/200.22 mi37, Links Avenue, Hellesdon, Norwich, Norfolk NR6 5PF3
£260K05/230.22 mi64, Links Avenue, Hellesdon, Norwich, Norfolk NR6 5PF3
£300K09/210.23 mi34, Neylond Crescent, Norwich, Norfolk NR6 5QF3
£215K10/210.23 mi49, Falkland Close, Norwich, Norfolk NR6 5QZ3
£338.5K06/230.24 mi105, Middletons Lane, Norwich, Norfolk NR6 5SR3
£264K11/200.24 mi103, Middletons Lane, Norwich, Norfolk NR6 5SR3
£335K01/230.24 mi108, Middletons Lane, Norwich, Norfolk NR6 5SR3
£435K11/220.25 mi96, Links Avenue, Norwich, Norfolk NR6 5PG3
£275K03/210.26 mi233, Reepham Road, Norwich, Norfolk NR6 5QA3
£315K11/230.26 mi231, Reepham Road, Norwich, Norfolk NR6 5QA3
£290.3K12/220.26 mi60, Bernham Road, Norwich, Norfolk NR6 5QQ3
£250K11/210.26 mi81, Bernham Road, Norwich, Norfolk NR6 5QQ3
£250K11/230.26 mi43, Bernham Road, Norwich, Norfolk NR6 5QQ3
£256K02/210.26 mi69, Links Avenue, Norwich, Norfolk NR6 5PG3
£450K12/220.27 mi36, Neylond Crescent, Norwich, Norfolk NR6 5QF3
£270K10/200.27 mi15, Links Avenue, Norwich, Norfolk NR6 5PE3
£387.5K01/240.28 mi20, Links Close, Norwich, Norfolk NR6 5PJ3
£292.5K06/210.28 mi249, Reepham Road, Norwich, Norfolk NR6 5QH3
£215K04/210.28 mi20, Yelverton Close, Norwich, Norfolk NR6 5BW3
£301.1K12/210.29 mi287, Drayton High Road, Norwich, Norfolk NR6 5BL3
£300K10/230.3 mi9, Ferndale Close, Norwich, Norfolk NR6 5SD3
£245K06/230.3 mi94, Woodland Road, Hellesdon, Norwich, Norfolk NR6 5RL3
£215K02/240.3 miA1, Pleasant Close, Norwich, Norfolk NR6 5BN3
£170K03/240.32 mi359, Drayton High Road, Hellesdon, Norwich, Norfolk NR6 5BG3
£374K06/230.33 mi7, Gowing Road, Norwich, Norfolk NR6 6UW3
£237.5K03/210.33 mi120, Woodland Road, Hellesdon, Norwich, Norfolk NR6 5RQ3

Local Rents

18 rents from £950/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,60006/240.24 miLinks Avenue, Hellesdon, Norwich.3
£1,50012/240.29 mi-3
£1,10006/240.45 miDrayton Wood Road, Hellesdon3
£1,25006/240.54 mi3 Elder Close, Norwich, Norfolk, NR63
£1,30003/240.54 miSycamore Court, Norwich, Norfolk, NR63
£95003/240.62 mi-3
£1,20012/240.66 mi-3
£1,40003/250.66 mi-3
£1,25006/240.75 miCromer Road, Norwich, NR63
£1,50001/250.75 mi-3
£1,20006/240.79 miHellesdon, Norwich, NR63
£1,35012/240.94 miSilk Mill Road, Hellesdon, Norfolk, NR63
£1,30007/241.09 miBaxter Court, Norwich, NR33
£1,30008/241.09 miBaxter Court, Norwich, NR33
£1,30008/241.09 mi-3
£1,35006/241.13 miHartbee Road, Norwich, Norfolk, NR63
£1,40001/251.19 mi-3
£1,30001/251.21 mi-3

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

2.17 miles away

Nearest school

0.20 miles away

Nearest train station

3.27 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £220,000

February 20, 2025

Floor Plans

Description

  • Semi Detached Bungalow +
  • Three Bedrooms +
  • Conservatory +
  • New Windows & Doors +
  • New Soffits, Fascia's and Guttering +
  • Lovely Cosy Bungalow +

Brand New on the Inside - Semi-detached bungalow with three bedrooms, garden, conservatory and garage situated in the popular spot of Nursery Close in the north suburb of Hellesdon. The current vendor has invested significantly in this property improving and replacing almost everything, so it feels like brand new.
A brand new lean-to style Conservatory.
Newly installed doors and windows throughout.
Newly replaced soffits, fascia and guttering.
Shiny as a new pin, this bungalow creates lovely living in a great location.
The kitchen is modern and contemporary.
The rooms are light bright and airy.

Gas fired central heating and Energy Performance Rating C.

Disclaimer - Astley & co estate agents, along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Astley & co estate agents, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Astley & Co, Sprowston

01603 361727

Next Steps?

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