5 Bed Detached House, Single Let, Norwich, NR8 6JY, £450,000

Laburnum Avenue, Taverham, NR8 6JY - a month ago

BTL
~178 m²
+18 photos

ValuationUndervalued

Sold Prices£256K - £947.5K
Sold Prices/m²£1.7K/m² - £11.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.5K/m²

Value Estimate

£531,131
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£995 - £2,225

Rent Estimate

£995

Running Costs/mo

£1,625

Cashflow/mo

£-630

Cashflow/yr

£-7,563

Gross Yield

3%

Local Sold Prices

25 sold prices from £256K to £947.5K, average is £475K. £1.7K/m² to £11.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£700K03/210.16 miThreeways, 40a, Ringland Road, Taverham, Norwich, Norfolk NR8 6TH5
£515K11/230.3 mi46, Sandy Lane, Taverham, Norwich, Norfolk NR8 6JR5
£430K10/210.69 mi2, Gardyn Croft, Taverham, Norwich, Norfolk NR8 6UZ5
£295K01/210.71 mi25, Haverscroft Close, Taverham, Norwich, Norfolk NR8 6LT5
£410K02/210.74 mi1, Coleridge Close, Taverham, Norwich, Norfolk NR8 6SW5
£450K01/210.76 mi133, Kingswood Avenue, Taverham, Norwich, Norfolk NR8 6UW5
£538K07/230.78 mi2, Isbets Dale, Taverham, Norwich, Norfolk NR8 6XA5
£885K07/230.79 miElmhurst, Highland Road, Taverham, Norwich, Norfolk NR8 6QP5
£370K05/210.85 mi24, Hazel Close, Taverham, Norwich, Norfolk NR8 6YE5
£388.5K02/210.91 mi12, Alder Way, Taverham, Norwich, Norfolk NR8 6YD5
£540K01/230.99 mi124, Taverham Road, Taverham, Norwich, Norfolk NR8 6SB5
£765K09/231.05 mi81, Fakenham Road, Taverham, Norwich, Norfolk NR8 6QA5
£947.5K12/221.12 mi80, Taverham Road, Taverham, Norwich, Norfolk NR8 6SB5
£650K02/211.12 mi92a, Taverham Road, Taverham, Norwich, Norfolk NR8 6SB5
£370K03/211.2 mi8, Foxwood Close, Taverham, Norwich, Norfolk NR8 6XU5
£550K09/231.2 mi11, Foxwood Close, Taverham, Norwich, Norfolk NR8 6XU5
£256K07/241.23 mi5, Poethlyn Drive, Costessey, Norwich, Norfolk NR8 5ET5
£500K09/231.24 mi5, Badgers Brook Road, Drayton, Norwich, Norfolk NR8 6EY5
£325K12/201.24 mi60, Badgers Brook Road, Drayton, Norwich, Norfolk NR8 6EY5
£450K12/221.25 mi2, Priorswood, Taverham, Norwich, Norfolk NR8 6FY5
£475K02/211.3 mi9, Wilderness Road, Costessey, Norwich, Norfolk NR8 5GJ5
£395K06/231.32 mi2, Magpie Close, Costessey, Norwich, Norfolk NR8 5AQ5
£740K09/211.41 mi18, Fakenham Road, Drayton, Norwich, Norfolk NR8 6PR5
£350K06/211.47 mi4, Elizabeth Way, Costessey, Norwich, Norfolk NR8 5HF5
£555K02/211.77 mi55, West End, Costessey, Norwich, Norfolk NR8 5AJ5

Local Rents

22 rents from £995/mo to £2.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£99506/240.25 mi-3
£1,75006/240.9 miTaverham Road, Norwich4
£1,75012/240.9 miTaverham Road, Norwich4
£1,60001/250.96 mi-4
£1,60012/240.96 mi-4
£1,20006/240.98 miNorgate Way, Taverham, Norwich, NR83
£1,50006/241.02 mi-3
£1,29512/241.05 mi-3
£1,35003/251.05 mi-3
£1,10012/241.07 miSuters Drive, Taverham, NR83
£1,45012/241.07 miThe Street, Ringland, NR84
£2,22506/241.13 miLittlewood, Drayton, NORWICH4
£1,20006/241.15 miHeron Road, Norwich3
£1,45012/241.15 miThe Street, Ringland, Norwich4
£1,45012/241.16 miThe Street, NR84
£1,45012/241.16 miThe Street, Ringland, NORWICH4
£1,25012/241.16 miPochard Street, Costessey, Norwich3
£2,19512/241.21 miBeverley Way, Drayton, Norwich, NR85
£1,99501/251.21 mi-5
£1,99502/251.21 mi-6
£1,29512/241.24 mi-3
£99503/241.24 miSteeple Chase, Thorpe Marriott, NR8 6YR3

Local Area Statistics

Population in NR8

20,321

Population in Norwich

366,887

Town centre distance

5.23 miles away

Nearest school

0.20 miles away

Nearest train station

6.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £450,000

March 7, 2025

Floor Plans

Description

  • Beautifully positioned in a popular residential location +
  • Close to schools and amenities +
  • Four/five bedroom detached house +
  • Elevated position with views +
  • Immaculate condition throughout +
  • Converted garage +
  • Plenty of internal space for versatile living +
  • Ample parking to front +

This exquisite 5-bedroom detached house is beautifully positioned in a sought-after residential location, offering a perfect blend of tranquillity and convenience. Boasting an elevated position, the property enjoys stunning views of the surrounding area, creating a serene and picturesque setting. Ideal for families, this home is just a stone's throw away from local schools and amenities, ensuring a convenient and hassle-free lifestyle. The interior of the property is in impeccable condition, featuring four/five generously sized bedrooms, a converted garage, and plenty of internal space for versatile living. The layout has been thoughtfully designed to provide comfort and functionality, making it an ideal space for both relaxing and entertaining. Outside, the front approach is set back from the road, allowing for ample parking for multiple vehicles, while the rear of the property is home to a beautifully appointed garden. The generous outdoor space is mostly laid to a porcelain patio area, providing an ideal spot for outdoor living and entertaining. The garden is enclosed with fencing, offering privacy and security, and is adorned with mature decorative shrubs and borders, creating a charming and tranquil environment. This outdoor oasis is perfect for those who love to spend time outdoors, whether it's enjoying a morning coffee in the sunshine or hosting a summer BBQ with family and friends. Additional features of this property include ample parking to the front, ensuring that parking is never an issue for homeowners or guests. With its perfect blend of indoor and outdoor living spaces, this property offers a truly special living experience for those looking to find their dream home in a peaceful and convenient location.
EPC Rating: C

Agent Details

Websters Drayton, Drayton

01603 516796

Next Steps?

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