5 Bed Detached House, Single Let, Norwich, NR8 6SZ, £450,000
297 Fakenham Road, Norwich, NR8 6LE - a month ago
Sold STC
BTL
~178 m²





+17 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 |
BMV | 18% |
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 | £1,087 |
Running Costs/mo | £1,644 |
Cashflow/mo | £-557 |
Cashflow/yr | £-6,680 |
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.
Local Rents
16 rents from £995/mo to £2.2K/mo, average is £1.4K/mo.
Local Area Statistics
Population in NR8 | 20,321 |
Population in Norwich | 366,887 |
Town centre distance | 5.29 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 6.35 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
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