4 Bed Bungalow, Single Let, Norwich, NR13 6QP, £400,000

20 Vera Road, Rackheath, NR13 6QP - 2 views - a month ago

BTL
~129 m²
+17 photos

ValuationUndervalued

Sold Prices£248K - £630K
Sold Prices/m²£1.9K/m² - £7.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£409,565
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£1,000 - £2,125

Rent Estimate

£1,188

Running Costs/mo

£1,508

Cashflow/mo

£-320

Cashflow/yr

£-3,835

Gross Yield

4%

Local Sold Prices

50 sold prices from £248K to £630K, average is £375K. £1.9K/m² to £7.2K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£520K12/210.16 mi12, Bernard Close, Rackheath, Norwich, Norfolk NR13 6QS4
£425K02/210.16 mi18, Bernard Close, Rackheath, Norwich, Norfolk NR13 6QS4
£435K06/230.16 mi27, Salhouse Road, Rackheath, Norwich, Norfolk NR13 6PD4
£310K06/210.16 mi19, Salhouse Road, Rackheath, Norwich, Norfolk NR13 6PD4
£344K05/210.22 mi8, Eva Road, Rackheath, Norwich, Norfolk NR13 6PE4
£375K07/230.23 mi22, Canfor Road, Rackheath, Norwich, Norfolk NR13 6SP4
£310K08/210.23 mi3, Canfor Road, Rackheath, Norwich, Norfolk NR13 6SP4
£348K02/210.23 mi9, Canfor Road, Rackheath, Norwich, Norfolk NR13 6SP4
£450K07/230.27 mi16, Willoughby Way, Rackheath, Norwich, Norfolk NR13 6SL4
£400K03/210.27 mi18, Willoughby Way, Rackheath, Norwich, Norfolk NR13 6SL4
£595K03/210.35 miWagtail Barn, Norwich Road, Rackheath, Norwich, Norfolk NR13 6FB4
£350K08/230.36 mi2, Tagg Way, Rackheath, Norwich, Norfolk NR13 6SQ4
£425K03/210.71 mi86, Norwich Road, Salhouse, Norwich, Norfolk NR13 6PB4
£329K02/210.75 mi7, Wood Green, Salhouse, Norwich, Norfolk NR13 6NS4
£400K09/210.88 mi8, Warren Green, Salhouse, Norwich, Norfolk NR13 6NU4
£390K12/200.88 mi49, Padgate, Thorpe End, Norwich, Norfolk NR13 5DG4
£370K11/200.88 mi45, Padgate, Thorpe End, Norwich, Norfolk NR13 5DG4
£600K01/211 mi28, Plumstead Road, Thorpe End, Norwich, Norfolk NR13 5AJ4
£400K04/231.06 mi1, Broad View, Thorpe End, Norwich, Norfolk NR13 5DZ4
£450K03/231.19 miLongacre, Howletts Loke, Salhouse, Norwich, Norfolk NR13 6EX4
£630K12/231.36 miLittle Badgers, Norwich Road, Little Plumstead, Norwich, Norfolk NR13 5JQ4
£545K01/231.51 mi1, Hare Road, Great Plumstead, Norwich, Norfolk NR13 5DD4
£300K03/211.53 mi50, Pym Close, Norwich, Norfolk NR7 0QP4
£360K05/211.57 mi7, Stanford Crescent, Little Plumstead, Norwich, Norfolk NR13 5JL4
£600K12/201.57 miThe Old Dairy, Water Lane, Little Plumstead, Norwich, Norfolk NR13 5EX4
£322.5K03/211.58 mi1, Joyce Way, Thorpe St Andrew, Norwich, Norfolk NR7 0ZG4
£402.3K09/211.59 mi18, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF4
£357K03/211.59 mi12, Cornet Close, Thorpe St Andrew, Norwich, Norfolk NR7 0ZF4
£350K04/211.6 mi17, Kevill Davis Drive, Little Plumstead, Norwich, Norfolk NR13 5FB4
£330K01/241.61 mi6, Kevill Davis Drive, Little Plumstead, Norwich, Norfolk NR13 5FB4
£594.6K12/221.62 mi24, Lower Street, Salhouse, Norwich, Norfolk NR13 6RW4
£382K10/231.63 mi8, Waller Close, Norwich, Norfolk NR7 0RN4
£310K11/201.64 mi1, Maidens Close, Norwich, Norfolk NR7 0RS4
£410K12/221.66 mi8, Skippon Way, Norwich, Norfolk NR7 0RU4
£248K02/211.68 mi9, Morris Drive, Little Plumstead, Norwich, Norfolk NR13 5FD4
£350K11/211.69 mi42, Desborough Way, Norwich, Norfolk NR7 0RR4
£380K03/211.69 mi34, Desborough Way, Norwich, Norfolk NR7 0RR4
£352.5K12/201.69 mi26, Desborough Way, Norwich, Norfolk NR7 0RR4
£295K10/201.74 mi24, Astley Road, Little Plumstead, Norwich, Norfolk NR13 5ET4
£457.5K03/231.75 mi37, Heron Close, Salhouse, Norwich, Norfolk NR13 6SB4
£380K06/231.76 mi5, Gunner Close, Norwich, Norfolk NR7 0YR4
£340K09/211.77 mi1, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£348K08/231.77 mi4, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£305K03/211.77 mi31, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£415K03/231.77 mi31, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£500K12/201.77 mi50, Thieves Lane, Salhouse, Norwich, Norfolk NR13 6RQ4
£315K06/211.79 mi33, Association Way, Thorpe St Andrew, Norwich, Norfolk NR7 0TQ4
£372.5K07/231.79 mi58, Bunyan Close, Norwich, Norfolk NR7 0UZ4
£375K05/231.81 mi7, Thieves Lane, Salhouse, Norwich, Norfolk NR13 6RF4
£325K12/201.82 mi10, Montrose Court, Norwich, Norfolk NR7 0RY4

Local Rents

20 rents from £1K/mo to £2.1K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50008/240.04 mi-4
£1,30007/240.18 mi62 Salhouse Road, Rackheath, Norwich3
£1,25003/240.26 miCanfor Road, Rackheath, Norwich3
£1,40009/240.46 miSaxon Road, Rackheath3
£1,35006/240.86 miRackheath Park, Rackheath, Norwich3
£1,50006/240.92 mi-3
£1,40008/240.92 mi-3
£1,50006/240.92 miStafford Way, Rackheath, Norwich, NR133
£1,40006/240.92 miStafford Way, Rackheath, Norwich, NR133
£1,80006/241.01 miToad Lane, Great Plumstead, NR133
£1,57507/241.08 miMetcalf Road, Norwich, Norfolk, NR133
£1,57507/241.08 miMetcalf Road, Norwich, Norfolk, NR133
£1,57507/241.09 miMetcalf Road, Norwich, Norfolk, NR133
£1,57509/241.11 mi64 Metcalf Road, Norwich, Norfolk, NR133
£1,57508/241.12 miMetcalf Road, Norwich, Norfolk, NR133
£1,59507/241.13 miGallard Way, Norwich, 4
£1,50008/241.13 miGallard Way, Norwich, 4
£1,65007/241.16 miHumprey Way, Norwich, Norfolk, NR133
£1,00006/241.18 miHeath Road, Thorpe End, NR133
£2,12508/241.2 miBanfather Way, Norwich, Norfolk, NR134

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

4.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £400,000

February 26, 2025

Floor Plans

Description

  • Four Bedrooms +
  • Loft Room +
  • Gas Central Heating +
  • Conservatory +
  • Ensuite to Master Bedroom +
  • Off Road Parking. +

This detached bungalow in Rackheath, near Norwich, offers surprisingly spacious accommodation with four ground-floor bedrooms, a generous conservatory, and a substantial first-floor loft room, totalling 1441 sq.ft. (133.9 sq.m.). The property benefits from a well-maintained layout, including an en-suite bedroom and a family shower room, and is offered with no onward chain, making it an ideal opportunity for families or those seeking flexible living space in a convenient village location.

Arlington Park invites you to discover a property that defies expectations. Nestled in the sought-after village of Rackheath, this detached bungalow presents a masterclass in maximising space and flexibility. From the street, you might underestimate its size, but step inside and prepare to be amazed.

To use that over-used Estate Agent phrase this property really does have a TARDIS-Like Interior! The property's unique layout lends itself perfectly to flexible living arrangements. With its potential for an annexe, it's ideal for multi-generational families or those seeking separate living spaces.

The clever layout unfolds to reveal four generously sized bedrooms, including one with an en-suite, alongside a modern family shower room and just when you think you've seen it all, discover an unexpected bonus of a substantial loft room on the first floor. This versatile space offering the potential for a fifth bedroom or versatile living space, subject to the necessary approvals.

The heart of the home is a bright and airy kitchen, perfect for culinary enthusiasts, flowing seamlessly into the garden room/conservatory, complete with a warm roof and French doors. This versatile space, bathed in natural light, opens directly onto the garden, creating an ideal setting for entertaining or simply relaxing.

The rear garden is a haven of low-maintenance enjoyment, fully enclosed and thoughtfully hard landscaped. Two sheds and a storage area provide ample space for outdoor essentials. Adding to its charm are mature trees and shrubs, including a stunning Japanese Maple that bursts with colour when in bloom. To the front, a delightful cottage-style garden, brimming with mature plants and seasonal flowers, enhances the property's kerb appeal. The private driveway accommodates parking for two vehicles and offers convenient side access.

Rackheath offers the best of both worlds – a peaceful village setting with easy access to the vibrant city of Norwich. Enjoy local amenities including a village shop, a soon-to-be-opened doctor's surgery, a traditional pub, and regular bus services. The nearby towns of Sprowston, Salhouse, and Acle provide further options for shopping, dining, and leisure, as well as access to the stunning Norfolk Broads.

Agent Details

Arlington Park Sales & Lettings Agency, Norwich

01603 361898

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪