6 Bed HMO, Norwich, NR4 6NP, £475,000
Havant Close, Norwich, NR4 6NP - 2 views - a month ago
HMO
ROI: 4%
~186 m²





+15 photos
ValuationUndervalued
Sold Prices | £182.5K - £1.5M |
Sold Prices/m² | £2.1K/m² - £5.6K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £2.6K/m² |
Value Estimate | £605,000 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £118,750 |
Stamp Duty & Legal Fees | £38,700 |
Total Cash In | £157,450 |
| |
Cash Out | |
Room Rate | £594 |
Gross Rent | £3,564 |
Running Costs/mo | £2,947 |
Cashflow/mo | £617 |
Cashflow/yr | £7,405 |
ROI | 5% |
Gross Yield | 9% |
Local Sold Prices
20 sold prices from £182.5K to £1.5M, average is £678.5K. £2.1K/m² to £5.6K/m², average is £3.5K/m².
Local Area Statistics
Population in NR4 | 22,331 |
Population in Norwich | 366,887 |
Town centre distance | 2.79 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 2.64 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -15% |
Sales demand | Balanced market |
Capital growth (5yrs) | +23% |
Property History
Price changed to £475,000
March 28, 2025
Listed for £500,000
March 14, 2025
Floor Plans
