3 Bed Terraced House, Single Let, Norwich, NR5 8XG, £210,000

Jex Road, Norwich, NR5 8XG - 1 views - a month ago

BTL
ROI: 1%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£123.1K - £295K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£233,169
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£12,200

Total Cash In

£64,700

 

 

Cash Out

 

Rent Range

£950 - £2,500

Rent Estimate

£961

Running Costs/mo

£868

Cashflow/mo

£93

Cashflow/yr

£1,111

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £123.1K to £295K, average is £197.6K. £1.5K/m² to £3.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£207K12/220.01 mi71, Jex Road, Norwich, Norfolk NR5 8XQ3
£173K11/200.02 mi162, Jex Road, Norwich, Norfolk NR5 8XQ3
£180K03/210.03 mi65, Jex Road, Norwich, Norfolk NR5 8XG3
£200K03/230.04 mi152, Jex Road, Norwich, Norfolk NR5 8XQ3
£202K06/210.06 mi14, Lusher Rise, Norwich, Norfolk NR6 5EA3
£144K06/230.06 mi44, Lusher Rise, Norwich, Norfolk NR6 5EA3
£207K12/200.09 mi65, Hellesdon Road, Norwich, Norfolk NR6 5EE3
£200K09/230.1 mi178, Jex Road, Norwich, Norfolk NR5 8XH3
£202K12/230.1 mi133, Jex Road, Norwich, Norfolk NR5 8XH3
£161.8K04/210.1 mi202, Jex Road, Norwich, Norfolk NR5 8XH3
£195K12/230.1 mi188, Jex Road, Norwich, Norfolk NR5 8XH3
£282.5K08/240.11 mi538, Dereham Road, Norwich, Norfolk NR5 8TU3
£180K11/200.11 mi528, Dereham Road, Norwich, Norfolk NR5 8TU3
£227.5K10/220.11 mi28, Jex Road, Norwich, Norfolk NR5 8XD3
£155K12/200.11 mi45, Jex Road, Norwich, Norfolk NR5 8XD3
£225K08/240.14 mi17, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£197K04/210.14 mi1, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£180K04/210.15 mi35, Jex Avenue, Norwich, Norfolk NR5 8XE3
£230K04/230.16 mi105, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£225K12/220.16 mi87, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£202K10/220.19 mi38, Marlpit Lane, Norwich, Norfolk NR5 8XP3
£221K02/240.23 mi31, Ranworth Road, Norwich, Norfolk NR5 8EB3
£192.5K04/210.23 mi37, Ranworth Road, Norwich, Norfolk NR5 8EB3
£172K06/210.24 mi83, Marlpit Lane, Norwich, Norfolk NR5 8XN3
£225K05/210.25 mi83, Whistlefish Court, Norwich, Norfolk NR5 8QR3
£170K06/210.27 mi49, Bates Green, Norwich, Norfolk NR5 8YW3
£240K06/230.29 mi25, Larkman Lane, Norwich, Norfolk NR5 8TZ3
£198.3K10/220.3 mi84, Motum Road, Norwich, Norfolk NR5 8EQ3
£238K11/200.31 mi408, Dereham Road, Norwich, Norfolk NR5 8QG3
£265K12/220.31 mi406, Dereham Road, Norwich, Norfolk NR5 8QG3
£185K02/240.32 mi21, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£185K04/240.32 mi41, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£245K10/220.32 mi2, Beecheno Road, Norwich, Norfolk NR5 8TJ3
£170K02/210.33 mi3, Horning Close, Norwich, Norfolk NR5 8DN3
£180K01/210.35 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£123.1K11/200.35 mi130, Knowland Grove, Norwich, Norfolk NR5 8YA3
£158.5K12/200.35 mi124, Knowland Grove, Norwich, Norfolk NR5 8YA3
£180K01/210.37 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£188K11/220.37 mi19, Randle Green, Norwich, Norfolk NR5 8YL3
£162.5K06/210.37 mi32, Stevenson Road, Norwich, Norfolk NR5 8TT3
£270K11/230.37 mi39, Larkman Lane, Norwich, Norfolk NR5 8TY3
£230K01/240.37 mi42, Larkman Lane, Norwich, Norfolk NR5 8TY3
£150K03/210.37 mi3, Randle Green, Norwich, Norfolk NR5 8YL3
£192.5K06/210.37 mi92, Beverley Road, Norwich, Norfolk NR5 8DL3
£295K03/240.39 mi580, Dereham Road, Norwich, Norfolk NR5 8TE3
£270K12/230.39 mi2, Tollhouse Road, Norwich, Norfolk NR5 8QF3
£220K07/230.39 mi4, Tollhouse Road, Norwich, Norfolk NR5 8QF3
£180K03/230.39 mi34, Jamieson Place, Norwich, Norfolk NR5 8YY3
£200K03/240.39 mi18, Jamieson Place, Norwich, Norfolk NR5 8YY3
£184K02/210.4 mi11, Winsford Way, Norwich, Norfolk NR5 0DH3

Local Rents

28 rents from £950/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,19502/250.07 mi-3
£2,50006/240.21 miHellesdon Road, Norwich, Norfolk, NR63
£1,15012/240.27 miCadge Close, Norwich3
£1,50012/240.29 mi-3
£1,35012/240.3 mi-3
£1,40001/250.3 mi-3
£1,28002/250.3 mi-3
£1,50012/240.3 miMotum Road, Norwich3
£1,30012/240.35 miKnowland Grove, NORWICH3
£1,27506/240.37 miBeverley Road, Norwich, NR53
£1,15012/240.38 mi-3
£1,45006/240.39 miDereham Road, Norwich, NR53
£99502/240.41 mi-3
£1,50006/240.44 miFoxley Road, Norwich3
£1,50006/240.45 miBixley Close, Norwich, Norfolk, NR53
£1,30012/240.48 miNorwich Road, Norwich3
£1,05006/240.48 miGilbard Road, Norwich3
£1,27512/240.49 miGilbard Road, NR5 8TR3
£95006/240.52 miBeecheno Road, NORWICH3
£1,10006/240.52 miNorwich, NR53
£1,40001/250.52 mi-3
£1,30012/240.56 mi-3
£1,30012/240.56 mi-3
£1,29006/240.57 mi-3
£1,38012/240.57 mi-3
£1,10012/240.6 mi-3
£1,32506/240.6 miOlive Road, Norwich3
£1,20007/240.61 miWheatley Road, Norwich, NR23

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

1.90 miles away

Nearest school

0.20 miles away

Nearest train station

2.67 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £210,000

March 8, 2025

Listed for £220,000

March 4, 2025

Floor Plans

Description

  • No Chain! +
  • Easy Access to the City Centre and Hospital +
  • Popular NR5 Location +
  • Perfect for First-Time Buyers or Investors +
  • uPVC Double Glazed +
  • Three Double Bedrooms +
  • Off-Road Parking for Two Vehicles +
  • Private and Enclosed Garden +

IN SUMMARY
Offered with NO CHAIN, this TERRACED home is found on a popular CUL-DE-SAC in NR5, perfect for families or first-time buyers with gated OFF-ROAD PARKING for two vehicles and benefiting from extended accommodation to the rear. Internally, you will find the ENTRANCE HALL giving access to the 14’ SITTING ROOM featuring a large bay window, further to the KITCHEN with adjacent FAMILY BATHROOM and uPVC double glazed GARDEN ROOM over looking the enclosed rear GARDEN. Upstairs there are three ample DOUBLE BEDROOMS off landing with the MAIN BEDROOM offering large built in storage space. SETTING THE SCENE
The property is approached via pedestrian pathway to the front, then through the gate and descending the steps to the main front entrance. Adjacent is the double driveway providing off road parking for two vehicles with gated access from the road. THE GRAND TOUR
Upon entering the property, you are greeted by a spacious hallway featuring durable wood-effect flooring, offering ample room for coat and shoe storage. Moving into the living room, also with wood-effect flooring is enhanced by smooth, skimmed ceilings, high-level coving, and a generous bay window that floods the space with natural light. A substantial storage cupboard is conveniently located opposite, and a feature fireplace serves as a focal point. The kitchen, accessible from the sitting room via the hallway, is thoughtfully designed with a comprehensive array of floor and wall-mounted storage cabinets, complemented by wood-effect work surfaces, tiled splashbacks, and a stainless steel sink and drainer. Ample space remains for white goods. Adjacent to the kitchen, the family bathroom presents a three-piece suite, complete with a shower over bath, roof-mounted spotlights, and a large heated towel rail, catering perfectly to family needs. The rear of the property features a uPVC double-glazed garden room, characterized by tile-effect flooring and twin French doors that open onto the garden. Ascending the carpeted staircase to the first-floor landing, the master bedroom impresses with full-height integrated wardrobes and a walk-in storage cupboard with shelving, providing extensive storage solutions. A large bay window mirrors the living room's design, offering plenty of natural light. Two further double bedrooms, situated at the rear of the property, complete the accommodation. FIND US
Postcode : NR5 8XG
What3Words : ///change.host.actors VIRTUAL TOUR
View our virtual tour for a full 360 degree of the interior of the property.

EPC Rating: C

Agent Details

Starkings & Watson, Costessey

01603 336446

Next Steps?

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