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4 Bed Terraced House, Single Let, Norwich, NR5 8NZ, £280,000

Robson Close, Very Close To The UEA, NR5 8NZ - 25 days ago

BTL
~129 m²
+8 photos

ValuationUndervalued

Sold Prices£150K - £600K
Sold Prices/m²£1.8K/m² - £5.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.2K/m²

Value Estimate

£350,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£500 - £3,850

Rent Estimate

£525

Running Costs/mo

£1,000

Cashflow/mo

£-475

Cashflow/yr

£-5,700

Gross Yield

2%

Local Sold Prices

42 sold prices from £150K to £600K, average is £271.3K. £1.8K/m² to £5.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£222.5K12/200.2 mi103, St Mildreds Road, Norwich, Norfolk NR5 8RZ4
£225K11/220.21 mi44, St Mildreds Road, Norwich, Norfolk NR5 8RS4
£258K11/200.27 mi6, Buttermere Road, Norwich, Norfolk NR5 8LP4
£272.5K04/210.42 mi2a, Old Watton Road, Colney, Norwich, Norfolk NR4 7TN4
£250K08/230.46 mi8, Humbleyard, Norwich, Norfolk NR5 9BA4
£220K11/200.47 mi151, Motum Road, Norwich, Norfolk NR5 8EG4
£375K11/230.47 mi2, The Hedgerows, Norwich, Norfolk NR5 9BP4
£150K02/240.48 mi33, Scarnell Road, Norwich, Norfolk NR5 8HT4
£268K05/240.52 mi1, Clarkson Road, Norwich, Norfolk NR5 8EF4
£300K10/230.53 mi612, Dereham Road, Norwich, Norfolk NR5 8TE4
£315K07/230.55 mi61, Holworthy Road, Norwich, Norfolk NR5 9DG4
£230K05/210.58 mi45, Clarkson Road, Norwich, Norfolk NR5 8EE4
£391.5K06/230.6 mi16, Earlham Green Lane, Norwich, Norfolk NR5 8HA4
£350K07/230.65 mi561, Earlham Road, Norwich, Norfolk NR4 7TF4
£300K05/210.65 mi11, Swallow Tail Close, Norwich, Norfolk NR5 9HX4
£370K11/230.67 mi36a, Dereham Road, New Costessey, Norwich, Norfolk NR5 0SY4
£285K03/210.71 mi23, Bladewater Road, Norwich, Norfolk NR5 9HY4
£350K11/220.72 mi26, Tizzick Close, Norwich, Norfolk NR5 9HB4
£318K01/210.72 mi8, The Swale, Norwich, Norfolk NR5 9HE4
£380K10/220.72 mi16, The Swale, Norwich, Norfolk NR5 9HE4
£208K05/210.73 mi29, Braithwait Close, Norwich, Norfolk NR5 9EJ4
£220K06/230.73 mi28, Braithwait Close, Norwich, Norfolk NR5 9EJ4
£220K01/240.77 mi33, Irstead Road, Norwich, Norfolk NR5 8AR4
£389K03/240.79 mi23, Sunny Grove, Norwich, Norfolk NR5 0EJ4
£430K05/230.79 mi30, Sunny Grove, Norwich, Norfolk NR5 0EJ4
£512K10/210.8 mi24, Primula Drive, Norwich, Norfolk NR4 7LZ4
£206K10/200.8 mi4, Filby Close, Norwich, Norfolk NR5 8DS4
£250K04/210.8 mi40, Wenman Court, Norwich, Norfolk NR5 9LP4
£290K03/230.82 mi63, Hellesdon Road, Norwich, Norfolk NR6 5EE4
£264.5K06/210.83 mi11, Layer Close, Norwich, Norfolk NR5 9NS4
£287.5K12/220.84 mi160, Dereham Road, New Costessey, Norwich, Norfolk NR5 0SX4
£215K11/200.85 mi36, Crown Road, New Costessey, Norwich, Norfolk NR5 0ES4
£240K01/210.85 mi59, Crown Road, New Costessey, Norwich, Norfolk NR5 0ES4
£458K04/230.89 mi21b, Hellesdon Road, Norwich, Norfolk NR6 5EB4
£260K06/210.9 mi19, Courtenay Close, Norwich, Norfolk NR5 9LB4
£235K06/240.9 mi17, Courtenay Close, Norwich, Norfolk NR5 9LB4
£290K08/240.92 mi156, Bluebell Road, Norwich, Norfolk NR4 7LN4
£600K12/220.92 mi496, Earlham Road, Norwich, Norfolk NR4 7HP4
£260K04/230.93 mi9, Ivory Road, Norwich, Norfolk NR4 7DT4
£230K10/230.94 mi49, Oval Road, Norwich, Norfolk NR5 0DG4
£320K08/210.96 mi15, Crown Road, New Costessey, Norwich, Norfolk NR5 0ER4
£270K03/240.99 mi17, Edrich Way, Norwich, Norfolk NR5 9NX4

Local Rents

50 rents from £500/mo to £3.9K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70006/240 miRobson Road, Norwich, Norfolk, NR54
£1,60006/240 miRobson Road, Earlham, Norwich, NR54
£2,25006/240.04 miWilberforce Road, Norwich5
£2,00012/240.04 miWilberforce Road, Norwich5
£2,00012/240.04 miWilberforce Road, Norwich5
£1,65006/240.04 mi-4
£1,65012/240.04 mi-4
£1,65012/240.04 mi-4
£2,90012/240.06 miWilberforce Road, Norwich5
£2,90012/240.06 miWilberforce Road, Norwich5
£1,60012/240.09 miCalthorpe Road, Norwich4
£1,55012/240.1 miCalthorpe Road, Norwich4
£2,05006/240.1 miCalthorpe Road, Norwich5
£2,05006/240.1 miCalthorpe Road, Norwich5
£50012/240.1 miCalthorpe Road, Norwich5
£52512/240.1 miCalthorpe Road, Norwich5
£52512/240.1 miCalthorpe Road, Norwich5
£53512/240.1 miCalthorpe Road, Norwich5
£54512/240.1 miCalthorpe Road, Norwich5
£1,84012/240.1 miCalthorpe Road, Norwich5
£1,84012/240.1 miCalthorpe Road, Norwich5
£1,84012/240.1 miCalthorpe Road, Norwich5
£1,20006/240.1 miBevan Close, Norwich3
£2,20006/240.1 miRobson Road4
£1,60006/240.11 miRobson Road, Norwich4
£1,50006/240.11 miRobson Road, West Earlham4
£1,76406/240.11 miWilberforce Road, Norwich, NR54
£1,25006/240.11 miRobson Road, Norwich, NR54
£2,25006/240.12 miTaylor Road, Norwich5
£2,00012/240.12 miTaylor Road, Norwich5
£2,00012/240.12 miTaylor Road, Norwich5
£3,12501/250.13 mi-5
£1,20012/240.13 miWaring Road, NORWICH4
£1,65006/240.13 miCalthorpe Road, Norwich4
£1,84012/240.13 miCalthorpe Road, Norwich5
£3,30004/250.13 mi-4
£1,80012/240.13 miBrereton Close, NORWICH4
£3,85006/240.13 miSavery Close7
£2,00006/240.14 miWilberforce Road, Norwich, Norfolk, NR54
£1,90006/240.14 miWilberforce Road, NORWICH4
£1,80006/240.14 miWilberforce Road, NORWICH4
£1,70012/240.14 miWilberforce Road, NORWICH4
£3,00012/240.14 miWilberforce Road, Norwich5
£2,90012/240.15 miBrereton Close, Norwich5
£2,00006/240.15 miBland Road, NORWICH5
£3,20006/240.15 miBland Road, Norwich, Norfolk, NR56
£2,20001/250.15 mi-4
£2,00003/250.15 mi-4
£1,80004/250.16 mi-4
£1,80012/240.16 miNorwich, NR54

Links

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.53 miles away

Nearest school

0.50 miles away

Nearest train station

3.15 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £280,000

March 17, 2025

Floor Plans

Description

  • Spacious Mid Terrace House +
  • Potential To Create Further Bedrooms +
  • Lounge & Dining Room +
  • Kitchen +
  • Conservatory +
  • Four Bedrooms +
  • Bathroom +
  • Enclosed Rear Garden +
  • Popular Location +
  • Rented Till September 2025 At £1700 then increasing to £1800PCM Then It Will Be Empty +

Property Summary
* Be quick to view this FOUR BEDROOM MID TERRACE HOUSE located very close to the UEA. The property has POTENTIAL TO CREATE FURTHER BEDROOMS with current accommodation to include LOUNGE & DINING ROOM, kitchen, conservatory, four bedrooms, bathroom and enclosed rear garden * Agents Note
The property is currently rented till September 2025 at £1700 PCM, after this date the property will then be empty

Agent Details

Russen & Hill Estate Agents, Costessey

01603 361593

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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