3 Bed Semi-Detached House, Single Let, Norwich, NR5 8YA, £210,000

Knowland Grove, West Norwich, NR5 8YA - 19 days ago

BTL
ROI: 3%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£123.1K - £425K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£252,702
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£950 - £2,500

Rent Estimate

£1,025

Running Costs/mo

£881

Cashflow/mo

£144

Cashflow/yr

£1,725

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £123.1K to £425K, average is £202K. £1.5K/m² to £4.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£123.1K11/200.01 mi130, Knowland Grove, Norwich, Norfolk NR5 8YA3
£158.5K12/200.01 mi124, Knowland Grove, Norwich, Norfolk NR5 8YA3
£188K11/220.06 mi19, Randle Green, Norwich, Norfolk NR5 8YL3
£150K03/210.07 mi3, Randle Green, Norwich, Norfolk NR5 8YL3
£170K06/210.08 mi49, Bates Green, Norwich, Norfolk NR5 8YW3
£290K12/220.13 mi16, Oval Avenue, Norwich, Norfolk NR5 0DP3
£185K02/240.13 mi21, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£185K04/240.13 mi41, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£280K01/230.13 mi42, Woodhill Rise, Norwich, Norfolk NR5 0DN3
£180K03/230.13 mi34, Jamieson Place, Norwich, Norfolk NR5 8YY3
£200K03/240.13 mi18, Jamieson Place, Norwich, Norfolk NR5 8YY3
£202K10/220.16 mi38, Marlpit Lane, Norwich, Norfolk NR5 8XP3
£362.5K10/230.16 mi88, Norwich Road, Norwich, Norfolk NR5 0EG3
£295K03/240.18 mi580, Dereham Road, Norwich, Norfolk NR5 8TE3
£235.6K01/230.19 mi29, Oval Road, Norwich, Norfolk NR5 0DF3
£172K06/210.19 mi83, Marlpit Lane, Norwich, Norfolk NR5 8XN3
£180K04/210.2 mi35, Jex Avenue, Norwich, Norfolk NR5 8XE3
£220K04/240.2 mi18, Winsford Way, Norwich, Norfolk NR5 0DH3
£184K02/210.2 mi11, Winsford Way, Norwich, Norfolk NR5 0DH3
£192K03/240.2 mi10, Winsford Way, Norwich, Norfolk NR5 0DH3
£168K02/240.2 mi21, Winsford Way, Norwich, Norfolk NR5 0DH3
£255K12/230.21 mi8, Oval Road, Norwich, Norfolk NR5 0DE3
£280K11/230.21 mi9, Oval Road, Norwich, Norfolk NR5 0DE3
£235K08/230.23 mi90, Beecheno Road, Norwich, Norfolk NR5 8TQ3
£290K07/240.24 mi5, Woodhill Rise, Norwich, Norfolk NR5 0DD3
£260K11/230.24 mi15, Woodhill Rise, Norwich, Norfolk NR5 0DD3
£266K12/200.24 mi44, Oval Road, Norwich, Norfolk NR5 0DG3
£227.5K10/220.24 mi28, Jex Road, Norwich, Norfolk NR5 8XD3
£155K12/200.24 mi45, Jex Road, Norwich, Norfolk NR5 8XD3
£310K11/210.25 mi654, Dereham Road, Norwich, Norfolk NR5 0SZ3
£245K10/220.25 mi2, Beecheno Road, Norwich, Norfolk NR5 8TJ3
£370K12/210.25 mi25, Northview Road, Norwich, Norfolk NR5 0BG3
£225K08/240.25 mi17, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£197K04/210.25 mi1, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£230K04/230.26 mi105, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£425K03/210.26 mi1a, Autumn Drive, Norwich, Norfolk NR5 0EE3
£171K06/210.26 mi44, Leewood Crescent, Norwich, Norfolk NR5 0DA3
£185K01/240.26 mi39, Leewood Crescent, Norwich, Norfolk NR5 0DA3
£255K11/230.26 mi5, Leewood Crescent, Norwich, Norfolk NR5 0DA3
£220K01/240.26 mi20, Leewood Crescent, Norwich, Norfolk NR5 0DA3
£288K12/200.27 mi113, Olive Road, Norwich, Norfolk NR5 0AN3
£181K02/210.27 mi45, Leewood Crescent, Norwich, Norfolk NR5 0DA3
£200K09/230.27 mi178, Jex Road, Norwich, Norfolk NR5 8XH3
£202K12/230.27 mi133, Jex Road, Norwich, Norfolk NR5 8XH3
£161.8K04/210.27 mi202, Jex Road, Norwich, Norfolk NR5 8XH3
£195K12/230.27 mi188, Jex Road, Norwich, Norfolk NR5 8XH3
£162.5K06/210.29 mi32, Stevenson Road, Norwich, Norfolk NR5 8TT3
£224K08/210.29 mi158, Norwich Road, Norwich, Norfolk NR5 0EH3
£240K07/210.3 mi35, Sunny Close, Norwich, Norfolk NR5 0ET3
£200K04/210.3 mi144, Beecheno Road, Norwich, Norfolk NR5 8TP3

Local Rents

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

RentDateDistanceAddressBeds 
£1,30012/240.01 miKnowland Grove, NORWICH3
£1,35012/240.06 mi-3
£1,40001/250.06 mi-3
£1,28002/250.06 mi-3
£1,45006/240.18 miDereham Road, Norwich, NR53
£1,30012/240.19 miNorwich Road, Norwich3
£1,19502/250.3 mi-3
£95006/240.31 miBeecheno Road, NORWICH3
£1,15012/240.31 mi-3
£1,10012/240.33 mi-3
£1,35005/230.35 mi-3
£1,49501/240.35 mi-3
£1,32506/240.36 miOlive Road, Norwich3
£1,05006/240.37 miGilbard Road, Norwich3
£1,27512/240.37 miGilbard Road, NR5 8TR3
£1,60012/240.38 miLushington Close, Norwich3
£1,10006/240.39 miNorwich, NR53
£1,39501/250.42 mi-3
£1,50012/240.46 mi-3
£1,50012/240.5 miMotum Road, Norwich3
£1,15012/240.53 miCadge Close, Norwich3
£2,50006/240.55 miHellesdon Road, Norwich, Norfolk, NR63
£1,40001/250.57 mi-3
£1,30012/240.6 miShepherd Purse Way, NORWICH3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.19 miles away

Nearest school

0.10 miles away

Nearest train station

3.01 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £210,000

March 17, 2025

Floor Plans

Description

  • Well Presented End Terrace House +
  • Office Area +
  • Entrance Hall +
  • Cloakroom +
  • Kitchen +
  • Lounge +
  • Three Bedrooms +
  • Bathroom +
  • Enclosed Rear Garden +
  • On Road Parking +

Property Summary
* Be quick to view this THREE BEDROOM END TERRACE HOUSE located just west of Norwich. The property has an office area, entrance hall, cloakroom, kitchen, lounge, first floor bathroom, LOW MAINTENANCE ENCLOSED REAR GARDEN and parking * Office Area
Double glazed window and door to side, power and light, door to hallway Hallway
Stairs to first floor, radiator, doors to all rooms Cloakroom
WC, wash basin, radiator Kitchen
Double glazed window to front, fitted range of wall and base units with work tops over, sink and drainer, fitted oven and hob, space for appliances, radiator Lounge
Double glazed window and door to rear, laminate flooring, radiator First Floor Landing
Doors to all rooms Bedroom
Double glazed window to front, radiator Bedroom
Double glazed window to rear, fitted wardrobe, radiator Bedroom
Double glazed window to rear, fitted wardrobe, radiator Bathroom
Bath with shower over, WC, wash basin, radiator Outside
To the rear of the property is an enclosed low maintenance rear garden with patio and lawn area and a garden shed

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 💪