2 Bed Flat, Single Let, Norwich, NR7 8HU, £275,000

Thornham Road, Sprowston, NR7 8HU - 25 days ago

Sold STC
Leasehold
BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£111K - £285K
Sold Prices/m²£1.9K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£158,115

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Total Cash In

£84,950

 

 

Cash Out

 

Rent Range

£795 - £1,200

Rent Estimate

£850

Running Costs/mo

£1,049

Cashflow/mo

£-199

Cashflow/yr

£-2,392

Gross Yield

4%

Local Sold Prices

50 sold prices from £111K to £285K, average is £137.6K. £1.9K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£141.5K09/230.37 mi67, Templemere, Norwich, Norfolk NR3 4EG2
£125K07/210.38 mi121, Templemere, Norwich, Norfolk NR3 4EQ2
£135K06/230.41 mi11, Windmill Court, Norwich, Norfolk NR3 4ET2
£145K12/210.41 mi2, Windmill Court, Norwich, Norfolk NR3 4ET2
£126K10/200.41 mi33, Windmill Court, Norwich, Norfolk NR3 4ET2
£150K07/230.41 mi37, Windmill Court, Norwich, Norfolk NR3 4ET2
£144K01/230.41 mi35, Windmill Court, Norwich, Norfolk NR3 4ET2
£160K10/210.43 mi42, Templemere, Norwich, Norfolk NR3 4EF2
£120K03/210.43 mi4, Templemere, Norwich, Norfolk NR3 4EF2
£128.5K03/210.43 mi2, Kempe Close, Norwich, Norfolk NR7 9DD2
£140K11/230.43 mi21, Kempe Close, Norwich, Norfolk NR7 9DD2
£133K10/210.44 mi163, Templemere, Norwich, Norfolk NR3 4EE2
£145K12/220.46 mi8, Templemere, Norwich, Norfolk NR3 4EF2
£127K08/210.46 mi39, Deloney Road, Norwich, Norfolk NR7 9DQ2
£167K01/230.49 mi521, Sprowston Road, Norwich, Norfolk NR3 4EU2
£123K01/210.49 mi521, Sprowston Road, Norwich, Norfolk NR3 4EU2
£153K03/230.54 mi39, Black Horse Opening, Norwich, Norfolk NR3 4EP2
£111K12/200.59 mi125, Rider Haggard Road, Norwich, Norfolk NR7 9UD2
£285K12/200.62 mi11, Martin Close, Norwich, Norfolk NR7 8PA2
£149K01/230.63 mi94, Watling Road, Norwich, Norfolk NR7 9TQ2
£145K06/210.65 mi52, Rider Haggard Road, Norwich, Norfolk NR7 9UG2
£160K10/220.65 mi79, Watling Road, Norwich, Norfolk NR7 9TG2
£257.5K05/210.68 mi8, Gerald Close, Norwich, Norfolk NR1 4NE2
£135K08/230.69 mi19, Skelton Road, Norwich, Norfolk NR7 9UH2
£138K11/200.75 mi92, Munnings Road, Norwich, Norfolk NR7 9RH2
£125K01/210.75 mi72, Gawdy Road, Norwich, Norfolk NR7 9UZ2
£127K06/210.75 mi35, Paine Road, Norwich, Norfolk NR7 9UN2
£137.8K10/210.76 mi99, Southalls Way, Norwich, Norfolk NR3 4SA2
£130K03/210.77 mi129, Lavengro Road, Norwich, Norfolk NR3 4RU2
£132.5K10/210.77 mi48, Munnings Road, Norwich, Norfolk NR7 9RQ2
£140.3K09/210.8 mi343, Gertrude Road, Norwich, Norfolk NR3 4RN2
£130K05/210.81 mi33, Colls Road, Norwich, Norfolk NR7 9QF2
£165.5K11/220.83 mi66, Sale Road, Norwich, Norfolk NR7 9TR2
£143K12/220.86 miFlat 2, Bodmin Court, Plumstead Road East, Norwich, Norfolk NR7 9NJ2
£126K05/240.87 mi24, Chipperfield Road, Norwich, Norfolk NR7 9RR2
£125K06/210.88 mi17, Redfern Close, Norwich, Norfolk NR7 9RF2
£137.5K04/210.88 mi25, Holmes Close, Norwich, Norfolk NR7 9XN2
£133K11/230.89 mi24, The Erins, Norwich, Norfolk NR3 4JP2
£123K10/210.89 mi20, The Erins, Norwich, Norfolk NR3 4JP2
£127K02/210.89 mi27, The Erins, Norwich, Norfolk NR3 4JP2
£116.8K12/230.89 mi23, The Erins, Norwich, Norfolk NR3 4JP2
£125K03/230.89 mi14, The Erins, Norwich, Norfolk NR3 4JP2
£159K03/240.9 miBodmin Court, Flat 8, Plumstead Road East, Norwich, Norfolk NR7 9NJ2
£143K06/210.9 miFlat 4, Bodmin Court, Plumstead Road East, Norwich, Norfolk NR7 9NJ2
£150K03/230.9 miFlat 9, Bodmin Court, Plumstead Road East, Norwich, Norfolk NR7 9NJ2
£162K04/230.9 miFlat 12, Bodmin Court, Plumstead Road East, Norwich, Norfolk NR7 9NJ2
£147.5K12/220.91 mi200, Mousehold Street, Norwich, Norfolk NR3 1PG2
£160K10/210.92 mi51, Howard Mews, Norwich, Norfolk NR3 4JU2
£135K05/210.93 mi14, Howard Mews, Norwich, Norfolk NR3 4JU2
£128K12/200.93 mi3, Church View Court, Norwich, Norfolk NR7 8QD2

Local Rents

11 rents from £795/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,05006/240.36 miLeveson Road, Norwich2
£90006/240.41 miWindmill Court, Norwich, NR32
£90003/240.42 miMousehold Lane, NR72
£89507/240.43 miAnthony Drive, Norwich, NR32
£99507/240.47 miSprowston Road, Norwich2
£99508/240.47 miSprowston Road, Norwich2
£92506/240.52 miSchool Lane, NR7 8TR2
£85006/240.54 miBrockwell Court, Norwich, NR32
£79512/240.54 miNeville Road, Norwich, Norfolk, NR72
£85006/240.61 miGertrude Road, Norwich, NR32
£1,20006/240.61 miDenton Road, Norwich2

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

1.30 miles away

Nearest school

0.30 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £275,000

March 17, 2025

Floor Plans

Description

  • Full electrical rewire completed in 2018 for peace of mind +
  • Spacious driveway with off-road parking for three to four vehicles +
  • French patio doors leading to a large south-facing private garden +
  • Recently installed fiberglass flat roof for added durability +
  • New boiler and central heating system installed in 2018 +
  • Contemporary matte grey kitchen with integrated appliances installed in 2019 +
  • Expansive open-plan living and dining area with inset wood-burning stove +
  • Securely fenced outdoor space perfect for children and pets +
  • Ceramic flooring throughout the home +
  • A powder-coated workshop with a 25-year guarantee and a new greenhouse +

Unrivalled in location for connectivity and showcasing modern upgrades throughout, this beautifully enhanced bungalow offers the perfect set-up. With a spacious driveway and a well-maintained frontage, the home provides ample off-road parking alongside a convenient side entrance. Inside, two generously sized bedrooms are complemented by a contemporary shower room, while extensive renovations, including a full rewire, new windows/doors, and a recently installed flat roof, ensure a move-in-ready experience. The stunning open-plan living and dining area, complete with a inset wood-burner and French patio doors, creates a bright and inviting space for relaxation and entertaining. Outside, a large, south-facing garden with excellent privacy and a secure fence makes it an ideal space for families and pet owners alike. The Location Thornham Road is ideally situated in a desirable area of Sprowston, offering a range of convenient amenities. Marks & Spencer Simply Food store is just around the corner, perfect for everyday shopping. Additionally, local shops such as a hairdresser, butcher, and the Co-op on Cannerby Lane are nearby, providing further convenience for residents. Sprowston Secondary School nearby makes it a great location for families. For further shopping options, the Sprowston Retail Park is just a short drive away, offering a Tesco Superstore and Lidl. The property also offers easy access into Norwich city centre, ideal for commuting or enjoying the city's attractions. For dog owners, Mousehold Heath, with its expansive green spaces, offers a spot for walks and relaxation with their furry companions, along with well-lit roads nearby for easy strolls around the area. Thornham Road This modern bungalow has been thoughtfully upgraded throughout, making it an exceptional turn-key home. The inviting frontage, featuring a part-lawned area, provides off-road parking alongside a spacious driveway that easily accommodates three to four vehicles. A convenient side entrance leads directly into the heart of the home. Inside, you are welcomed by two well-proportioned bedrooms, both offering ample space and comfort. A stylish, modern shower room completes the interior, featuring a sleek and functional design. The property has seen significant improvements, including a complete electrical rewire in 2018, a brand-new fiberglass flat roof installed this year for enhanced durability and a new boiler with updated central heating in 2018. Furthermore, new windows and doors were fitted in 2023, elevating both energy efficiency and the property’s aesthetic appeal. The main feature of this home is the expansive open-plan sitting and dining area. A charming inset wood-burning stove adds character to the sitting room, while the well-lit dining space is perfectly positioned next to French patio doors, seamlessly connecting the indoors with the garden. The kitchen, installed in 2019, boasts a contemporary matte grey finish, integrated appliances, and a single door leading directly to the garden for added convenience. Throughout the home, ceramic flooring adds a sleek, modern touch. Stepping outside, the large south-facing garden stands as a true highlight. Offering excellent privacy, the garden is fully fenced, providing a secure environment for children and pets to roam freely. A powder-coated workshop with a 25-year guarantee is left at the property, providing an additional, long-lasting space for storage or work. In addition, a new greenhouse enhances the outdoor area, ideal for gardening lovers. With a wealth of modern upgrades and a spacious, flowing layout, this stylish bungalow is ready for its next owners to enjoy. Agents Note Sold Freehold Connected to all mains services

EPC Rating: C 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, Wroxham

01603 361621

Next Steps?

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