3 Bed Bungalow, Single Let, Norwich, NR5 0LL, £450,000

4 Ruskin Road, New Costessey, NR5 0LL - 13 days ago

Leasehold
BTL
119 m²
+21 photos

ValuationOvervalued

Sold Prices£175K - £450K
Sold Prices/m²£1.6K/m² - £5.2K/m²

 

 

Square Metres

119 m²
Price/m²£3.8K/m²

Value Estimate

£373,200

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

£950 - £2,500

Rent Estimate

£1,100

Running Costs/mo

£1,646

Cashflow/mo

£-546

Cashflow/yr

£-6,555

Gross Yield

3%

Local Sold Prices

50 sold prices from £175K to £450K, average is £268.8K. £1.6K/m² to £5.2K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£240K04/210.07 mi246, Norwich Road, Norwich, Norfolk NR5 0LQ3
£192.5K02/210.07 mi14, Kabin Road, Norwich, Norfolk NR5 0LN3
£320K05/230.11 mi26, Ruskin Road, New Costessey, Norwich, Norfolk NR5 0LL3
£270K09/220.11 mi25, Hawthorn Road, Norwich, Norfolk NR5 0LP3
£315K08/240.11 mi15, Kabin Road, Norwich, Norfolk NR5 0LW3
£345K02/230.11 mi18, Kabin Road, Norwich, Norfolk NR5 0LW3
£330K11/220.12 mi9, Beaumont Road, Norwich, Norfolk NR5 0HQ3
£190K02/210.17 mi21, Glenda Crescent, Norwich, Norfolk NR5 0AZ3
£300K05/240.2 mi186, Norwich Road, Norwich, Norfolk NR5 0EW3
£195K11/200.2 mi33, Glenda Close, Norwich, Norfolk NR5 0BA3
£270K05/230.22 mi22, Glenda Road, Norwich, Norfolk NR5 0AX3
£280K02/210.22 mi21, Glenda Road, Norwich, Norfolk NR5 0AX3
£296K11/230.24 mi45, Hill Road, Norwich, Norfolk NR5 0LY3
£240K12/220.25 mi84, Gunton Lane, Norwich, Norfolk NR5 0AG3
£258K02/210.26 mi3, Hendon Close, Norwich, Norfolk NR5 0EL3
£265K07/240.26 mi13, Hendon Close, Norwich, Norfolk NR5 0EL3
£242K05/230.26 mi14, Valley Road, Norwich, Norfolk NR5 0BH3
£317.5K11/210.29 mi3, George Lowe Close, New Costessey, Norwich, Norfolk NR5 0NS3
£245K02/210.29 mi1, Chapel Road, Norwich, Norfolk NR5 0NN3
£224K08/210.29 mi158, Norwich Road, Norwich, Norfolk NR5 0EH3
£226K02/230.3 mi138, Gunton Lane, Norwich, Norfolk NR5 0AQ3
£260K03/240.3 mi45, Crown Road, New Costessey, Norwich, Norfolk NR5 0ES3
£293K09/210.31 mi87, Olive Road, Norwich, Norfolk NR5 0AP3
£281K09/230.32 mi12, Meadow Close, New Costessey, Norwich, Norfolk NR5 0ND3
£203K03/230.32 mi100, Gunton Lane, Norwich, Norfolk NR5 0AG3
£216K03/230.34 mi146, Gunton Lane, Norwich, Norfolk NR5 0AQ3
£255K05/240.34 mi9, Meadowvale, Norwich, Norfolk NR5 0NJ3
£370K12/210.34 mi25, Northview Road, Norwich, Norfolk NR5 0BG3
£240K07/210.34 mi35, Sunny Close, Norwich, Norfolk NR5 0ET3
£267.5K02/210.35 mi59, Sunny Grove, Norwich, Norfolk NR5 0EJ3
£175K03/210.35 mi160, Gunton Lane, Norwich, Norfolk NR5 0AQ3
£325K02/230.35 mi8, Sunny Grove, Norwich, Norfolk NR5 0EJ3
£385K05/240.36 mi7, West Road, Norwich, Norfolk NR5 0NE3
£175K03/210.37 mi160, Gunton Lane, Norwich, Norfolk NR5 0AQ3
£282K06/230.37 mi15, Meadow Road, Norwich, Norfolk NR5 0NF3
£300K02/210.37 mi35, Meadow Road, Norwich, Norfolk NR5 0NF3
£278K08/230.37 mi21, Meadow Road, Norwich, Norfolk NR5 0NF3
£255K12/230.37 mi8, Oval Road, Norwich, Norfolk NR5 0DE3
£280K11/230.37 mi9, Oval Road, Norwich, Norfolk NR5 0DE3
£450K06/230.4 mi35, Grove Avenue, New Costessey, Norwich, Norfolk NR5 0JB3
£235.6K01/230.4 mi29, Oval Road, Norwich, Norfolk NR5 0DF3
£265K05/210.4 mi2, Jerningham Road, New Costessey, Norwich, Norfolk NR5 0RE3
£340K12/230.4 mi40, Jerningham Road, New Costessey, Norwich, Norfolk NR5 0RE3
£310K08/230.41 mi18, Gurney Close, Norwich, Norfolk NR5 0HB3
£255K04/210.43 mi45, Jerningham Road, Norwich, Norfolk NR5 0RG3
£266K12/200.43 mi44, Oval Road, Norwich, Norfolk NR5 0DG3
£235K07/210.43 mi25, Jerningham Road, Norwich, Norfolk NR5 0RG3
£425K03/210.45 mi1a, Autumn Drive, Norwich, Norfolk NR5 0EE3
£288K12/200.45 mi113, Olive Road, Norwich, Norfolk NR5 0AN3
£280K01/230.46 mi42, Woodhill Rise, Norwich, Norfolk NR5 0DN3

Local Rents

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

RentDateDistanceAddressBeds 
£1,35005/230.25 mi-3
£1,49501/240.25 mi-3
£1,39502/250.3 mi-3
£1,32506/240.39 miOlive Road, Norwich3
£1,30012/240.58 miKnowland Grove, NORWICH3
£1,30012/240.58 miNorwich Road, Norwich3
£1,10012/240.62 mi-3
£1,35012/240.63 mi-3
£1,40001/250.63 mi-3
£1,28002/250.63 mi-3
£1,60012/240.66 miLushington Close, Norwich3
£1,45006/240.68 miDereham Road, Norwich, NR53
£95006/240.7 miBeecheno Road, NORWICH3
£1,30008/240.78 mi-3
£1,25012/240.8 mi-3
£1,40012/240.8 miNotridge Road, Norwich, NR53
£1,50006/240.82 miKerville Street, NR5 9BG3
£1,15012/240.82 mi-3
£1,05006/240.82 miGilbard Road, Norwich3
£1,27512/240.83 miGilbard Road, NR5 8TR3
£1,10006/240.83 miNorwich, NR53
£1,40001/250.83 mi-3
£1,19502/250.85 mi-3
£1,30012/240.86 miShepherd Purse Way, NORWICH3
£1,10012/241.01 mi-3
£1,50012/241.03 mi-3
£1,20001/251.06 mi-3
£1,50012/241.07 miMotum Road, Norwich3
£2,50006/241.09 miHellesdon Road, Norwich, Norfolk, NR63
£1,15012/241.11 miCadge Close, Norwich3
£1,50012/241.12 mi-3
£1,35012/241.12 miAtkinson Close, Norwich3
£1,35012/241.12 miAtkinson Close, NORWICH3
£1,35012/241.12 miAtkinson Close, Norwich, NR53
£1,10012/241.17 mi-3
£1,25002/241.18 mi-3
£1,15001/241.21 mi-3
£1,19506/241.21 miDr Torrens Way, Norwich, Norfolk, NR53
£1,25003/251.22 mi-3
£1,20006/241.23 miAttelsey Way, Norwich3
£1,39506/241.23 miAttelsey Way, Norwich, Norfolk, NR53
£1,20006/241.24 miBevan Close, Norwich3
£1,29504/241.24 mi-3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.57 miles away

Nearest school

0.60 miles away

Nearest train station

3.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £450,000

March 8, 2025

Floor Plans

Description

  • Detached bungalow with three double bedrooms +
  • Perfect family home +
  • Well-presented throughout +
  • 18' kitchen, fitted with cupboards, counters, and a central island +
  • En-suite to master bedroom and family bathroom +
  • Double glazing throughout +
  • Spacious, enclosed rear garden with a summer house +
  • Generous driveway providing ample off-road parking +
  • Excellent local amenities, including schools, shops, and parks +
  • Well-connected with easy access to the A47 and public transport links to Norwich city centre +

Nestled in a highly sought-after residential area, this stunning 3-bedroom detached bungalow is the perfect family home. The property features three spacious double bedrooms, with the master bedroom benefiting from an en-suite. The contemporary kitchen, complete with a central island, is designed for convenience, and the family bathroom adds to the comfort of the home. Ample off-road parking is provided with a generous private driveway, while the enclosed rear garden features a Jacuzzi. Close to excellent local amenities, schools, parks, and well-connected to Norwich city centre, this property offers everything you need for modern living. Location Ruskin Road is situated in the popular area of New Costessey, a peaceful and well-established neighbourhood on the outskirts of Norwich. The area offers a range of local amenities, including schools, shops, and parks, making it ideal for families and professionals. This area is well-connected to Norwich city centre and beyond with easy access to the A47 and public transport links. New Costessey offers a pleasant atmosphere with green spaces and modern conveniences, ensuring everything you need is within reach. Ruskin Road, New Costessey

Upon entering through a welcoming hallway, you are greeted by a bright and spacious kitchen, measuring a generous 18 feet. Fitted with an array of cupboards, counters, and a central island with a breakfast bar. With ample space for various appliances, meal preparations are a breeze. The kitchen seamlessly transitions into a garden room, offering a peaceful space to unwind. Karndean flooring adds a touch of elegance to these areas.

Moving through the property, the lounge awaits, featuring French doors that lead out to the rear garden, inviting natural light to flood the space. A separate study offers a quiet space for work or relaxation. The property boasts three double bedrooms, with the master bedroom benefiting from an en-suite shower room with tasteful tiling. The family bathroom is equally impressive, with a Jacuzzi bath and a shower overhead, all enhanced by tiled flooring. Throughout the property, double glazing ensures comfort and energy efficiency.

Stepping outside, a spacious enclosed rear garden awaits, providing a peaceful setting for outdoor activities. A patio area overlooks the well-maintained garden, complete with a decked area and a charming summer house, along with a jacuzzi. A side access gate enhances convenience for outdoor maintenance. To the front of the property, a generous driveway offers ample off-road parking, catering effortlessly to family vehicles.

Agents notes We understand that the property will be sold freehold, connected to mains services water, electricity, gas and drainage. Heating system- Gas Central Heating Council Tax Band- D

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, Unthank Road, Norwich

01603 361808

Next Steps?

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