2 Bed Bungalow, Single Let, Norwich, NR5 9EH, £230,000

1 Hemmings Close, Norwich, NR5 9EH - 1 views - 2 months ago

BTL
57 m²
+9 photos

ValuationOvervalued

Sold Prices£147K - £450K
Sold Prices/m²£2K/m² - £4.4K/m²

 

 

Square Metres

57 m²
Price/m²£4K/m²

Value Estimate

£200,534

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£449 - £1,200

Rent Estimate

£449

Running Costs/mo

£829

Cashflow/mo

£-380

Cashflow/yr

£-4,555

Gross Yield

2%

Local Sold Prices

50 sold prices from £147K to £450K, average is £215K. £2K/m² to £4.4K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£175K03/210.07 mi28, Stylman Road, Norwich, Norfolk NR5 9EU2
£180K08/210.12 mi11, Wenman Court, Norwich, Norfolk NR5 9LP2
£240K05/230.12 mi12, Wenman Court, Norwich, Norfolk NR5 9LP2
£264.5K09/230.12 mi21, Lisle Road, Norwich, Norfolk NR5 9LH2
£195K06/210.14 mi8, Bateman Close, Norwich, Norfolk NR5 9LE2
£154K11/200.16 mi42, Swafield Street, Norwich, Norfolk NR5 9EB2
£157.5K09/210.23 mi18, Brennewater Mews, Norwich, Norfolk NR5 9DH2
£200K11/200.25 mi8, Harpsfield, Norwich, Norfolk NR5 9LG2
£150K02/230.3 mi52, Rawley Road, Norwich, Norfolk NR5 9DZ2
£147K02/210.31 mi17, Brampton Court, Norwich, Norfolk NR5 9AN2
£147K02/210.31 mi17, Brampton Court, Norwich, Norfolk NR5 9AN2
£170K03/240.31 mi16, Brampton Court, Norwich, Norfolk NR5 9AN2
£195K08/210.36 mi14, Tolye Road, Norwich, Norfolk NR5 9PR2
£185K12/200.36 mi7, Tolye Road, Norwich, Norfolk NR5 9PR2
£185K12/200.36 mi30, Edrich Way, Norwich, Norfolk NR5 9NX2
£220K07/210.39 mi27, Hudson Way, Norwich, Norfolk NR5 9NJ2
£220K06/230.47 mi45, Breckland Road, Norwich, Norfolk NR5 0RW2
£219K03/240.49 mi31, Pollywiggle Close, Norwich, Norfolk NR5 9PG2
£228K10/230.49 mi32, Pollywiggle Close, Norwich, Norfolk NR5 9PG2
£171K02/210.5 mi8, Webster Close, Stoke Holy Cross, Norwich, Norfolk NR14 8LU2
£215K03/230.5 mi56, Atkinson Close, Norwich, Norfolk NR5 9NE2
£215K09/230.5 mi76, Atkinson Close, Norwich, Norfolk NR5 9NE2
£154K03/240.5 mi4, Rowan Court, Norwich, Norfolk NR5 0RT2
£253.5K11/230.51 mi14, Attelsey Way, Norwich, Norfolk NR5 9EP2
£200K01/210.51 mi24, Attelsey Way, Norwich, Norfolk NR5 9EP2
£212.5K03/240.51 mi12, Attelsey Way, Norwich, Norfolk NR5 9EP2
£161.5K12/200.52 mi19, Skoner Road, Norwich, Norfolk NR5 9AX2
£160K01/230.56 mi12, Tesmonde Close, Norwich, Norfolk NR5 9FA2
£280K10/210.57 mi12, Grove Avenue, New Costessey, Norwich, Norfolk NR5 0HN2
£230K04/240.61 mi19, Weatherby Road, Norwich, Norfolk NR5 9NH2
£210K12/220.61 mi7, Weatherby Road, Norwich, Norfolk NR5 9NH2
£200K01/240.62 mi14, Bladewater Road, Norwich, Norfolk NR5 9HY2
£215K01/240.62 mi15, Bladewater Road, Norwich, Norfolk NR5 9HY2
£290K04/240.63 mi1, Marshall Close, Norwich, Norfolk NR5 0ED2
£215K11/230.66 mi12, Purdance Close, Norwich, Norfolk NR5 9PA2
£450K08/230.66 mi8a, The Drive, Norwich, Norfolk NR5 0EF2
£220K05/230.67 mi27, Speedwell Way, Norwich, Norfolk NR5 9HP2
£215K10/220.67 mi17, White Gates, Norwich, Norfolk NR5 0PN2
£242K12/230.67 mi18, Tizzick Close, Norwich, Norfolk NR5 9HB2
£238K07/230.69 mi64, Richmond Road, Norwich, Norfolk NR5 0PW2
£202K09/230.7 mi1, Hill Crest, Norwich, Norfolk NR5 0NB2
£215K01/210.7 mi18, Wood View Court, New Costessey, Norwich, Norfolk NR5 0HR2
£240K04/230.7 mi3, Wood View Court, New Costessey, Norwich, Norfolk NR5 0HR2
£220K12/230.7 mi22, Wood View Court, New Costessey, Norwich, Norfolk NR5 0HR2
£240K03/230.7 mi11, Wood View Court, New Costessey, Norwich, Norfolk NR5 0HR2
£260K12/220.71 mi5, Hill Crest, Norwich, Norfolk NR5 0NB2
£227K05/240.71 mi74, Norwich Road, Norwich, Norfolk NR5 0EG2
£200K04/230.71 mi4, Norwich Road, Norwich, Norfolk NR5 0EG2
£230K09/210.71 mi8, Norwich Road, Norwich, Norfolk NR5 0EG2
£205K10/230.74 mi52, Middleton Crescent, Norwich, Norfolk NR5 0PX2

Local Rents

22 rents from £449/mo to £1.2K/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£99506/240.09 miSwafield Street, Norwich, Norfolk, NR52
£95006/240.14 miHarry Barber Close, NORWICH2
£1,10006/240.17 miThurston Close, Norwich2
£55510/240.19 mi-2
£44905/230.19 mi-2
£89506/240.3 miWaldegrave Road, Norwich2
£89506/240.31 miBrampton Court, Norwich, NR52
£85006/240.34 miCotterall Court, West City2
£1,00002/250.34 mi-2
£1,20003/250.36 mi-2
£88506/240.45 miHorn Pie Road, Norwich, Norfolk, NR52
£1,05012/230.47 mi-2
£1,19506/240.47 mi-2
£1,19506/240.47 mi-2
£92506/240.47 miLushington Close, Norwich2
£87512/240.48 mi-2
£92512/240.48 miCaddow Road, Norwich2
£1,20006/240.49 miPollywiggle Close, NR5 9PG2
£1,20012/240.56 mi-2
£90004/250.57 mi-2
£85008/230.6 mi-2
£98012/240.6 mi-2

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

3.01 miles away

Nearest school

0.10 miles away

Nearest train station

3.75 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £230,000

February 26, 2025

Floor Plans

Description

  • DETACHED BUNGALOW +
  • TWO BEDROOMS +
  • RENOVATED THROUGHOUT +
  • OFF ROAD PARKING +

RENOVATED DETACHED BUNGALOW IN A QUIET CUL-DE-SAC Gilson Bailey are delighted offer this STUNNING, TWO BEDROOM, DETACHED BUNGALOW situated to the west of Norwich. Accommodation comprising entrance hall, lounge, NEWLY FITTED MODERN KITCHEN AND SHOWER ROOM, two bedrooms and a conservatory. Outside there is a driveway providing OFF ROAD PARKING and a PRIVATE, ENCLOSED REAR GARDEN. The bungalow benefits from double glazing, gas heating and has been renovated to a very high standard by the current vendors. The property would suit a wide array of buyers so be quick to book a viewing.

Location - Hemmings Close is close by to a good selection of local amenities including shops, supermarkets, Longwater retail park, schooling for all ages and doctors surgery. There are good public transport services to and from the city centre with ease of access to the Norfolk & Norwich University Hospital, University of East Anglia and A47 southern bypass.

Accommodation Comprises - Front door to:

Entrance Hall - Open access to kitchen and lounge.

Lounge - 4.16 x 3.86 (13'7" x 12'7") - Patio doors, radiator.

Kitchen - 2.91 x 2.20 (9'6" x 7'2") - Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge/freezer and washing machine, two double glazed windows.

Bedroom One - 3.71 x 3.01 (12'2" x 9'10") - Double glazed window, radiator.

Bedroom Two - 2.54 x 2.07 (8'3" x 6'9") - Double glazed window, radiator.

Shower Room - 1.84 x 1.67 (6'0" x 5'5") - Shower cubicle, low level WC, hand wash basin, heated towel rail, frosted double glazed window.

Conservatory - 3.64 x 3.19 (11'11" x 10'5") - Double glazed construction with patio doors to garden and radiator.

Outside Front - Shingled driveway providing off road parking.

Outside Rear - Patio seating area, lawned garden, mature plants and shrubs, timber shed, enclosed by timber fencing with side gate access.

Local Authority - Norwich City Council, Tax Band B.

Tenure - Freehold

Utilities - Fibre to the cabinet broadband available.
Mains water and electric.

Agent Details

Gilson Bailey, Norwich

01603 361812

Next Steps?

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