3 Bed Semi-Detached House, Single Let, Norwich, NR13 6SN, £280,000

12 Webb Drive, Rackheath, Norwich, NR13 6SN - a month ago

BTL
ROI: 3%
67 m²
+10 photos

ValuationOvervalued

Sold Prices£216K - £425K
Sold Prices/m²£2.3K/m² - £4.4K/m²

 

 

Square Metres

67 m²
Price/m²£4.2K/m²

Value Estimate

£213,186

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,250 - £1,650

Rent Estimate

£1,338

Running Costs/mo

£1,163

Cashflow/mo

£175

Cashflow/yr

£2,105

ROI

3%

Gross Yield

6%

Local Sold Prices

24 sold prices from £216K to £425K, average is £266.5K. £2.3K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£250K05/240 mi46, Webb Drive, Rackheath, Norwich, Norfolk NR13 6SN3
£220K05/210 mi12, Webb Drive, Rackheath, Norwich, Norfolk NR13 6SN3
£273K11/230 mi31, Webb Drive, Rackheath, Norwich, Norfolk NR13 6SN3
£236K12/200.04 mi7, Wilde Road, Rackheath, Norwich, Norfolk NR13 6SJ3
£250K06/210.06 mi9, Willoughby Way, Rackheath, Norwich, Norfolk NR13 6SL3
£260K08/230.06 mi11, Willoughby Way, Rackheath, Norwich, Norfolk NR13 6SL3
£227.5K04/210.08 mi17, Wilkinson Road, Rackheath, Norwich, Norfolk NR13 6SG3
£275K02/210.1 mi14, Wilkinson Road, Rackheath, Norwich, Norfolk NR13 6SG3
£260K07/230.1 mi14, Wilkinson Road, Rackheath, Norwich, Norfolk NR13 6SG3
£268K04/240.1 mi21, Wilkinson Road, Rackheath, Norwich, Norfolk NR13 6SG3
£265K03/210.13 mi11, Tagg Way, Rackheath, Norwich, Norfolk NR13 6SQ3
£220K03/210.16 mi29, Canfor Road, Rackheath, Norwich, Norfolk NR13 6SP3
£245K09/230.16 mi19, Canfor Road, Rackheath, Norwich, Norfolk NR13 6SP3
£280K11/230.16 mi37, Canfor Road, Rackheath, Norwich, Norfolk NR13 6SP3
£317.5K04/230.17 mi89, Salhouse Road, Rackheath, Norwich, Norfolk NR13 6PD3
£275K10/230.18 mi12, Eva Road, Rackheath, Norwich, Norfolk NR13 6PE3
£425K08/230.19 mi42, Salhouse Road, Rackheath, Norwich, Norfolk NR13 6QH3
£260K12/230.27 mi2, Burton Drive, Rackheath, Norwich, Norfolk NR13 6QU3
£216K03/210.27 mi4, Burton Drive, Rackheath, Norwich, Norfolk NR13 6QU3
£332.5K04/210.29 mi3, Vera Road, Rackheath, Norwich, Norfolk NR13 6QP3
£425K09/210.66 miWalcott, Green Lane West, Rackheath, Norwich, Norfolk NR13 6LT3
£342K12/200.66 miFairhaven, Green Lane West, Rackheath, Norwich, Norfolk NR13 6LT3
£330K06/210.74 mi72, Norwich Road, Salhouse, Norwich, Norfolk NR13 6PB3
£425K03/230.98 miNorth Lodge, Wroxham Road, Rackheath, Norwich, Norfolk NR13 6LY3

Local Rents

15 rents from £1.3K/mo to £1.6K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.22 miCanfor Road, Rackheath, Norwich3
£1,30007/240.25 mi62 Salhouse Road, Rackheath, Norwich3
£1,40009/240.35 miSaxon Road, Rackheath3
£1,35006/240.67 miRackheath Park, Rackheath, Norwich3
£1,50006/240.91 mi-3
£1,40008/240.91 mi-3
£1,50006/240.91 miStafford Way, Rackheath, Norwich, NR133
£1,40006/240.91 miStafford Way, Rackheath, Norwich, NR133
£1,35007/241.02 miConsort Avenue3
£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
£1,57509/241.12 mi64 Metcalf Road, Norwich, Norfolk, NR133
£1,57508/241.12 miMetcalf Road, Norwich, Norfolk, NR133
£1,65007/241.16 miHumprey Way, Norwich, Norfolk, NR133

Local Area Statistics

Population in NR13

26,695

Population in Norwich

366,887

Town centre distance

4 miles away

Nearest school

0.10 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+117%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £280,000

February 28, 2025

Floor Plans

Description

  • MODERN SEMI DETACHED HOME +
  • THREE BEDROOMS +
  • TWO RECEPTION ROOMS +
  • DRIVEWAY PARKING FOR TWO VEHICLES +
  • ENCLOSED REAR GARDEN +
  • VILLAGE LOCATION +
  • APPROXIMATELY 5 MILES FROM THE CITY OF NORWICH +
  • CLOSE TO LOCAL AMENITIES +

Situated within the popular village of Rackheath close to the City of Norwich, this modern semi detached home is situated at the entrance of a cul-de-sac and offers light and practical accommodation with off road parking and an enclosed rear garden.

Description - This modern, semi detached home offers the perfect opportunity for first time buyers or anyone seeking a convenient lifestyle close to local amenities and easy access into the City of Norwich. The property offers bright accommodation with a living room, a dining room with patio doors leading into the garden, a contemporary style kitchen, with three bedrooms and a family bathroom to the first floor. Externally the home offers off road parking with an enclosed, low maintenance garden.

Location - The property is situated at the entrance of a cul-de-sac within the popular village of Rackheath. Rackheath offers a pub/restaurant, local shop, a pharmacy and is less than 5 miles from a range of supermarkets. Rackheath lies approximately 5 miles North East of the City of Norwich with public transport routes into the City. The village is also within easy reach of the beautiful Norfolk Broads.

Entrance - uPVC door to front entrance, stairs to first floor, carpet, radiator.

Living Room - Double glazed window to front aspect, carpet, radiator, open to;

Dining Room - uPVC double glazed patio doors to rear garden, carpet, radiator, built in under stairs storage.

Kitchen - Double glazed window to rear aspect, wall and base units with worksurface over, inset stainless steel sink and drainer, four ring gas hob with cooker hood over, fitted electric oven, space for a fridge freezer, washing machine and slimline dishwasher, tiled flooring.

First Floor Landing - Double glazed window to side aspect, carpet, airing cupboard with shelving units.

Bathroom - Double glazed window with obscured glass to rear aspect, fitted with a three piece suite comprising bath with electric shower over, WC, wash hand basin, extractor fan, vinyl flooring.

Bedroom One - Double glazed window to rear aspect, radiator, carpet, two built in double wardrobes.

Bedroom Two - Double glazed window to front aspect, carpet, radiator.

Bedroom Three/Home Office - Double glazed window to front aspect, built in storage cupboard, carpet, radiator.

External - To the front of the property there is a driveway providing parking for two vehicles, with a shingle area to the front and a porch over the front door. A gate to the side leads to the rear garden which is mainly laid to lawn, with a patio area and a range of shrubs with a beautiful cherry blossom tree at the rear.

Agents Notes - This property is Freehold.
Mains gas, drainage, electricity and water connected.
Council tax band: C

Agent Details

Arnolds Keys, Aylsham

01263 801104

Next Steps?

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