4 Bed Bungalow, Single Let, Norwich, NR15 2TF, £425,000

Ipswich Road, Long Stratton, NR15 2TF - a month ago

BTL
~129 m²
+21 photos

ValuationOvervalued

Sold Prices£197.5K - £450K
Sold Prices/m²£2.1K/m² - £3.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£324,634

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£31,200

Total Cash In

£137,450

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£695

Running Costs/mo

£1,487

Cashflow/mo

£-792

Cashflow/yr

£-9,505

Gross Yield

2%

Local Sold Prices

27 sold prices from £197.5K to £450K, average is £322.5K. £2.1K/m² to £3.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£357K01/210 miRainbows, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF4
£270K12/200.1 mi41, Lime Tree Avenue, Long Stratton, Norwich, Norfolk NR15 2TL4
£305K11/200.1 mi71, Lime Tree Avenue, Long Stratton, Norwich, Norfolk NR15 2TL4
£200K11/230.18 mi2, Owens Close, Long Stratton, Norwich, Norfolk NR15 2TX4
£272K06/230.2 mi10, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU4
£244.5K01/210.2 mi10, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU4
£312K09/230.33 mi29, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR4
£375K03/220.37 mi5, Welford Court, Long Stratton, Norwich, Norfolk NR15 2XL4
£197.5K08/230.48 mi32, Porter Road, Long Stratton, Norwich, Norfolk NR15 2TY4
£425K06/210.53 miTudor House, The Street, Long Stratton, Norwich, Norfolk NR15 2XQ4
£335K04/210.55 mi1, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY4
£290K03/210.55 mi16, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL4
£322.5K06/230.56 mi7, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN4
£328K09/230.58 mi8, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£296K03/210.58 mi12, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£250K10/200.6 mi2, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£280K10/200.6 mi9, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£250K10/200.6 mi2, Suffield Close, Tharston, Norwich, Norfolk NR15 2JJ4
£310K06/210.62 miCordwainers, The Street, Long Stratton, Norwich, Norfolk NR15 2AH4
£345K07/210.65 mi30, Upgate, Long Stratton, Norwich, Norfolk NR15 2ZE4
£425K10/220.69 mi1, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£330K08/210.69 mi6, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£360K06/210.71 mi7, Red Robin Close, Tharston, Norwich, Norfolk NR15 2ZD4
£390K10/230.76 mi19, Jermyn Way, Tharston, Norwich, Norfolk NR15 2ZA4
£450K09/230.76 mi17, Jermyn Way, Tharston, Norwich, Norfolk NR15 2ZA4
£365K02/210.77 mi8, Eastfield Road, Long Stratton, Norwich, Norfolk NR15 2WN4
£345K03/210.79 mi13, Field Acre Way, Long Stratton, Norwich, Norfolk NR15 2WE4

Local Rents

20 rents from £675/mo to £2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£67503/240.3 miThe Street, NR151
£89507/240.33 miManor Park Gardens, Long Stratton, NR152
£72503/240.53 miThe Street, NR151
£86507/240.57 mi-2
£86507/240.57 miThe Street, Long Stratton, Norwich, NR152
£69512/240.58 mi-1
£97510/230.6 mi-3
£70008/240.61 miThe Street, NR152
£89508/240.66 miSt. Michaels Road, NR152
£80008/240.66 miSt Michaels Road, Long Stratton, NR152
£2,00006/240.67 miWood Green, NR155
£1,15007/240.68 miJermyn Way, Tharston3
£1,65006/240.69 miHolmes Close4
£1,65008/240.69 miHolmes Close4
£1,25006/240.7 miJermyn Way3
£1,55008/240.73 miChurchfields Road4
£69506/240.73 miChurchfields Road,Long Stratton,NR151
£85002/250.74 mi-2
£97506/240.77 miNorwich Road, NR153
£1,50006/241.55 miShelton Spot, Shelton, Norwich, Norfolk, NR154

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

11.25 miles away

Nearest school

0.50 miles away

Nearest train station

7.22 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £425,000

February 26, 2025

Floor Plans

Description

  • Stunning 'secret' setting within the heart of Long Stratton +
  • Four Bedrooms detached bungalow with annex potential +
  • Three reception rooms with excellent views +
  • Double garage and huge driveway +
  • Fabulous grounds +
  • No Onward Chain +

LAUNCH DAY - Saturday 15th March - By Appointment Only
Nestled at the end of a long shingle driveway and set back from the road, this property is located within the thriving and picturesque village of Long Stratton. Just a short walk from local amenities, it enjoys a prime position in the beautiful countryside of mid Norfolk, approximately ten miles south of Norwich and twelve miles north of Diss. The village boasts a strong and active community, offering a wide range of everyday conveniences, excellent schooling, a doctor's surgery, and excellent transport connections.

This charming four-bedroom detached bungalow is built with traditional brick and block cavity wall construction, topped with an interlocking tiled roof. It benefits from uPVC double-glazed windows and doors and is heated by an oil-fired central heating system with radiators. The property offers a bright and spacious living space, totaling approximately 1,400 sq ft.

Accessed via a large shingle driveway providing off-road parking for several vehicles, the property also includes a double garage with an electric roller door. The beautifully maintained gardens surround the home (approx. 0.5 acres), with expansive lawns, a variety of plants and shrubs that bring vibrant color in the summer months, a greenhouse, and a garden shed. Trees and hedging ensure privacy and seclusion, with stunning rural views beyond.

Agent Details

Howards, covering Long Stratton

01508 505543

Next Steps?

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