2 Bed Bungalow, Single Let, Norwich, NR7 0PS, £325,000

Belmore Close, Thorpe St. Andrews, NR7 0PS - 2 months ago

Leasehold
BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£152K - £342K
Sold Prices/m²£2.6K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£269,952

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£795 - £1,300

Rent Estimate

£838

Running Costs/mo

£1,203

Cashflow/mo

£-365

Cashflow/yr

£-4,383

Gross Yield

3%

Local Sold Prices

48 sold prices from £152K to £342K, average is £250K. £2.6K/m² to £6K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£325K11/230.02 mi17, Belmore Close, Norwich, Norfolk NR7 0PS2
£245K12/220.09 mi13, Caston Road, Norwich, Norfolk NR7 0LS2
£222.5K10/230.09 mi9, Caston Road, Norwich, Norfolk NR7 0LS2
£280K09/210.11 mi61, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR2
£265K07/240.11 mi49, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR2
£280K01/240.18 mi6, Tracey Road, Norwich, Norfolk NR7 9LA2
£200K12/200.21 mi33, Spinney Road, Norwich, Norfolk NR7 0PL2
£255K11/200.22 mi102, Furze Road, Norwich, Norfolk NR7 0AU2
£195K12/200.23 mi6, Pine Road, Norwich, Norfolk NR7 9LE2
£314K12/230.24 mi12, Spinney Close, Norwich, Norfolk NR7 0PN2
£275K07/240.24 mi2, Spinney Close, Norwich, Norfolk NR7 0PN2
£235K06/230.26 mi10, Oak Avenue, Norwich, Norfolk NR7 0PD2
£265K03/210.26 mi26, Oak Avenue, Norwich, Norfolk NR7 0PD2
£263K03/230.27 mi9, Thompson Road, Norwich, Norfolk NR7 0LU2
£270K06/230.27 mi15, Thompson Road, Norwich, Norfolk NR7 0LU2
£262.5K02/230.3 mi41, South Hill Road, Norwich, Norfolk NR7 0PQ2
£206K05/210.3 mi26, South Hill Road, Norwich, Norfolk NR7 0PQ2
£232.5K04/230.3 mi1, Furze Avenue, Norwich, Norfolk NR7 0AX2
£235K02/230.3 mi51, Furze Road, Norwich, Norfolk NR7 0AT2
£210K05/210.3 mi57, Furze Road, Norwich, Norfolk NR7 0AT2
£265K08/230.34 mi40, Longfields Road, Norwich, Norfolk NR7 0NB2
£225K02/240.34 mi38, Longfields Road, Norwich, Norfolk NR7 0NB2
£227.5K10/230.37 mi14, Thorpe Avenue, Norwich, Norfolk NR7 0XB2
£152K05/240.37 mi7, Cyril Road, Norwich, Norfolk NR7 0XL2
£235K02/230.38 mi1, Furze Road, Norwich, Norfolk NR7 0AS2
£188K01/230.39 mi70, Charles Avenue, Norwich, Norfolk NR7 0PF2
£225K02/210.41 mi15, South Hill Road, Norwich, Norfolk NR7 0PG2
£250K11/230.41 mi36, Gorse Road, Thorpe St Andrew, Norwich, Norfolk NR7 0AY2
£253K07/210.41 mi41, Gorse Road, Thorpe St Andrew, Norwich, Norfolk NR7 0AY2
£308K09/230.41 mi49, Gorse Road, Thorpe St Andrew, Norwich, Norfolk NR7 0AY2
£342K08/210.42 mi111, St Williams Way, Norwich, Norfolk NR7 0AN2
£260K02/230.44 mi138, St Williams Way, Norwich, Norfolk NR7 0AR2
£196K11/230.47 mi37, Hooker Road, Norwich, Norfolk NR7 9UL2
£160K10/230.48 mi35, Antingham Road, Norwich, Norfolk NR7 9TA2
£152K07/230.5 mi75, Gawdy Road, Norwich, Norfolk NR7 9UZ2
£280K12/230.52 mi34, Greenborough Road, Norwich, Norfolk NR7 9HQ2
£253K01/240.52 mi30, Greenborough Road, Norwich, Norfolk NR7 9HQ2
£230K01/230.54 mi90, Gordon Avenue, Norwich, Norfolk NR7 0DR2
£260K12/200.54 mi12, Aerodrome Road, Norwich, Norfolk NR7 0BD2
£250K02/230.55 mi35, Thor Close, Norwich, Norfolk NR7 0JT2
£208K10/220.57 mi25, Goulburn Road, Norwich, Norfolk NR7 9UX2
£180K03/210.57 mi19, Goulburn Road, Norwich, Norfolk NR7 9UX2
£260K10/210.58 mi24, Thor Close, Norwich, Norfolk NR7 0JT2
£303.5K03/230.58 mi24, Thor Close, Norwich, Norfolk NR7 0JT2
£260K05/240.58 mi14, Thor Close, Norwich, Norfolk NR7 0JT2
£295K10/210.58 mi46, Thor Close, Norwich, Norfolk NR7 0JT2
£215K01/210.6 mi30, Elizabeth Avenue, Norwich, Norfolk NR7 0YE2
£195K08/230.6 mi37, Elizabeth Avenue, Norwich, Norfolk NR7 0YE2

Local Rents

25 rents from £795/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£82512/240.18 miTracey Road, Norwich2
£1,15006/240.21 miThunder Lane, Thorpe St Andrew, Norwich, NR72
£1,10012/240.35 miThorpe Close, Norwich, Norfolk, NR72
£95010/240.4 mi-2
£1,30006/240.4 mi-2
£1,05009/240.83 mi-2
£1,25006/240.83 miSt Andrews Close, Norwich, NR72
£1,00012/240.91 mi-2
£1,05012/240.91 miDussindale2
£99506/240.92 miDesborough Way, Norwich2
£1,05006/240.93 miHilton Court, Yarmouth Road2
£1,10003/250.95 mi-2
£95006/240.97 miPine Court, Plantation Drive, Norwich, Norfolk, NR72
£95006/240.98 miLloyd Road, Norwich, NR12
£79512/240.99 miRowan Court, Plantation Drive, Norwich2
£95002/251 mi-2
£1,25012/241 miTower Hill, Norwich, NR72
£1,05006/241.03 miYarmouth Road, Norwich2
£1,30010/241.03 mi-2
£92506/241.07 miYarmouth Road, Norwich, Norfolk, NR72
£95012/241.07 miYarmouth Road, Norwich, Norfolk, NR72
£95012/241.07 miYarmouth Road, Norwich, Norfolk, NR72
£95012/241.14 miCere Road, Norwich, Norfolk, NR72
£99512/241.19 miThorpe Hall Close, Norwich, NR72
£1,05006/241.21 miLeveson Road, Norwich2

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.26 miles away

Nearest school

0.40 miles away

Nearest train station

1.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £325,000

March 3, 2025

Floor Plans

Description

  • Light and airy entrance hall providing access to all rooms +
  • Expansive open-plan sitting and dining room, filled with natural light, ideal for both relaxation and entertaining +
  • Fully-equipped kitchen featuring high-quality units, appliances, and ample storage space +
  • Convenient utility room with garden access, perfect for laundry and additional storage +
  • Beautifully maintained rear garden, designed to accommodate various outdoor activities and leisure pursuits +
  • Decked terrace perfect for outdoor furniture, complemented by a well-manicured lawn and bordered with plants and shrubbery +
  • Off-road parking for multiple vehicles, with a garage located within the garden, offering additional storage and convenience +
  • Guide Price £325,000 - £350,000 +

Guide Price £325,000 - £350,000. Exuding light and airiness throughout, this bungalow creates a welcoming atmosphere from the moment you step inside. The open-plan sitting and dining room is bathed in natural light, providing a perfect space for relaxation and entertaining guests. At the heart of the home, the kitchen/breakfast room is thoughtfully designed with high-quality units and appliances, making it ideal for both daily meals and hosting occasions. Two spacious double bedrooms offer comfort and privacy, each with a modern and refined design. The rear garden is a true highlight, featuring a decked terrace, lawn and summerhouse, all fully enclosed to provide a peaceful and private outdoor setting. Location Nestled in the desirable outskirts of Norwich in Thorpe St. Andrew, Belmore Road offers an ideal location with convenient access to essential amenities. With both Lidl and Tesco in close proximity, daily necessities are easily within reach. The property enjoys a great catchment for schooling options, catering to families with educational needs. Additionally, its easy access to the Northern Distributor Road (NDR) ensures a smooth commute for residents who need to travel, enhancing the overall appeal of this well-rounded location. Belmore Close

Welcome into the bright and airy entrance hall, allowing access into all rooms. Immediately capturing your attention with its warm and inviting ambience is the open-plan sitting/dining room. This light-filled space is perfect for showcasing your most comfortable furniture and dining set-up, creating a seamless transition from relaxation to entertainment. At the heart of the home lies an open-plan kitchen/breakfast room, ensuring effortless interaction when hosting occasions and everyday living. It is well-equipped with high quality units and appliances to be able to cook your favourite meals. Complemented by a utility room, accessed via the garden, for your additional storage and laundry essentials.

The bungalow features two double bedrooms, each thoughtfully designed to offer relaxation and privacy. Both bedrooms reflect a meticulous attention to detail, emphasising a sophisticated and modern aesthetic. The bathroom comprises of a modern four piece suite, accommodating all residents in the household.

Towards the rear is a beautifully maintained garden, offering endless possibilities for outdoor activities and enjoyment. It creates ample space tailored to individual preferences, including gardening, outdoor dining, and entertainment. The garden features a decked terrace, perfect for outdoor furniture, and a laid-to-lawn area bordered by plants and shrubbery. Complemented by a summerhouse, a wood store, and a convenient garage. Additionally, the property benefits from off-road parking, ensuring ease and accessibility, while the garden remains fully enclosed for ultimate privacy and seclusion.

Agents Note

We understand that this property is freehold. Connected to mains water, electricity, gas and drainage. Heating system - Gas central heating. Council Tax Band: B

EPC Rating: E 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, Wroxham

01603 361621

Next Steps?

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