8 Bed Terraced House, Single Let, Norwich, NR15 2AD, £395,000

The Street, Hempnall, NR15 2AD - 2 months ago

Leasehold
BTL
~248 m²
+19 photos

ValuationUndervalued

Sold Prices£188K - £1.2M
Sold Prices/m²£2.2K/m² - £5.2K/m²

 

 

Square Metres

~248 m²
Price/m²£1.6K/m²

Value Estimate

£489,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£20,300

Total Cash In

£119,050

 

 

Cash Out

 

Rent Range

£1,150 - £1,950

Rent Estimate

£1,150

Running Costs/mo

£1,484

Cashflow/mo

£-334

Cashflow/yr

£-4,012

Gross Yield

3%

Local Sold Prices

31 sold prices from £188K to £1.2M, average is £365K. £2.2K/m² to £5.2K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£440K06/210.16 miBramber House, Mill Road, Hempnall, Norwich, Norfolk NR15 2LP4
£455K04/210.7 miMiddle Barn, 3, Gowing Way, Fritton, Norwich, Norfolk NR15 2LW4
£385K03/211.79 miPittsway House, Pitts Hill, Saxlingham Nethergate, Norwich, Norfolk NR15 1PB4
£606.5K12/221.86 miPrince Of Wales House, The Street, Saxlingham Nethergate, Norwich, Norfolk NR15 1AJ4
£1.2M03/211.87 miManor Farm, Rectory Road, Topcroft, Bungay, Norfolk NR35 2BP4
£567.1K12/232.14 miRusset House, Norwich Road, Saxlingham Nethergate, Norwich, Norfolk NR15 1TP4
£554K10/232.3 miFreyja, Topcroft Street, Topcroft, Bungay, Norfolk NR35 2BL4
£345K05/212.33 mi15, Church Road, Tasburgh, Norwich, Norfolk NR15 1ND4
£320K11/232.35 mi1, Willow Close, Tasburgh, Norwich, Norfolk NR15 1NE4
£365K02/212.55 mi8, Eastfield Road, Long Stratton, Norwich, Norfolk NR15 2WN4
£345K03/212.59 mi13, Field Acre Way, Long Stratton, Norwich, Norfolk NR15 2WE4
£425K10/222.59 mi1, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£330K08/212.59 mi6, Holmes Close, Long Stratton, Norwich, Norfolk NR15 2WJ4
£308.5K10/232.68 mi5, Kingsway, Saxlingham Thorpe, Norwich, Norfolk NR15 1UA4
£188K01/212.7 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£300K07/232.7 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£335K04/212.74 mi1, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY4
£328K09/232.75 mi8, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£296K03/212.75 mi12, Greenfield Way, Long Stratton, Norwich, Norfolk NR15 2WP4
£310K06/212.78 miCordwainers, The Street, Long Stratton, Norwich, Norfolk NR15 2AH4
£400K04/232.8 mi1, Harvey Close, Tasburgh, Norwich, Norfolk NR15 1LS4
£416.5K11/222.81 miRiver Cottage, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£355K11/222.81 miThe Old Bakery, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£425K06/212.81 miTudor House, The Street, Long Stratton, Norwich, Norfolk NR15 2XQ4
£315K06/212.82 mi7, Dell Close, Newton Flotman, Norwich, Norfolk NR15 1RG4
£620K10/202.82 miGrey Gables, Common Road, Hardwick, Norwich, Norfolk NR15 2SP4
£440K04/232.88 miPilgrim Cottage, Low Road, Tasburgh, Norwich, Norfolk NR15 1LT4
£322.5K06/232.9 mi7, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN4
£375K03/222.92 mi5, Welford Court, Long Stratton, Norwich, Norfolk NR15 2XL4
£485K04/232.94 miThe Cottage, The Common, Shotesham St Mary, Norwich, Norfolk NR15 1YQ4
£365K01/213 miKaranga, The Street, Hardwick, Norwich, Norfolk NR15 2AB4

Local Rents

4 rents from £1.1K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,95006/240.49 miScots Bungalow, Hempnall, Norwich4
£1,95008/240.68 miFritton4
£1,25006/241.74 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,15003/241.75 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

9.53 miles away

Nearest school

0.10 miles away

Nearest train station

8.63 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £395,000

February 27, 2025

Floor Plans

Description

  • Grade II listed 18th-century property full of character +
  • Eight bedrooms spread across four floors with flexible accommodation +
  • Potential for a self-contained annexe or additional income opportunity +
  • Well-proportioned kitchen with underfloor heating and French doors +
  • Stunning drawing room with inglenook fireplace and wood burner +
  • Elegant bathrooms featuring luxurious roll-top baths +
  • Private enclosed gardens with a spacious terrace for outdoor dining +
  • Central village location with easy access to local amenities +
  • Retained period features including exposed beams and sash windows +

Connaught House is an enchanting Grade II listed property dating back to the 18th century, brimming with charm and architectural significance. Positioned in the heart of the sought-after village of Hempnall, this attached home spans four beautifully arranged floors, offering historical craftsmanship and modern potential. Period details, including exposed beams, sash windows, wooden floorboards and characterful fireplaces, add to its allure, while thoughtful maintenance and restoration over the years have preserved its charm. With the opportunity for further enhancements, this property is ready to welcome its next chapter. The Location Enjoying an enviable position on The Street in the picturesque village of Hempnall, NR15, a location that perfectly balances rural with practical convenience. The village offers a variety of amenities, including a highly regarded primary school, ideal for families seeking a welcoming community for children. A post office provides everyday essentials and postal services, while the village hall hosts a variety of local events, clubs and social gatherings, fostering a strong sense of community. Sports enthusiasts will appreciate the Hempnall Tennis Club, which features excellent facilities and regular opportunities for both competitive and recreational play. Additionally, a trusted vehicle repair garage is conveniently located within the village, catering to automotive needs. Connaught House The ground floor greets you with a welcoming entrance hall leading to a well-proportioned kitchen and breakfast room. This bright space, featuring underfloor heating and wooden French doors opening onto the garden, creates a seamless indoor-outdoor connection. The kitchen boasts a range of cabinetry, though the Aga will be removed as part of the sale. Adjacent to the kitchen, the principal drawing room is an inviting focal point, complete with an inglenook fireplace and a wood burner, complemented by two large sash windows that flood the room with natural light. A study, a cloakroom, and a ground-floor bedroom complete this level, showcasing the home’s flexibility. The upper floors provide a wealth of sleeping quarters, with five bedrooms and two bathrooms spread across the first, second, and third floors. The elegant roll-top baths in the bathrooms add a touch of timeless luxury. The attic space on the fourth floor is capable of housing a fitted kitchen if desired and two additional bedrooms making that eight bedrooms total, offering exciting potential to create a self-contained annexe, perfect for multi-generational living or generating rental income (subject to planning consent). This flexible layout allows the property to cater to a variety of lifestyles and needs. The enclosed gardens surrounding Connaught House offer both privacy and charm, providing a peaceful setting in the heart of the village. A spacious terrace leading from the kitchen creates the perfect spot for dining, while the remainder of the garden features lawn, mature hedging, and established borders. The property also benefits from a garden shed, which will remain as part of the sale. Please note there is a flying freehold over the neighbouring shop, and further details are available through the selling agent. Agents Note Sold Freehold. Connected to all mains services. Disclaimer Minors and Brady, along with their representatives, are not authorized 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 Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Unthank Road, Norwich

01603 361808

Next Steps?

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