4 Bed Detached House, Single Let, Norwich, NR4 7LH, £500,000
24 Round House Way, Cringleford, NR4 7LH - a month ago
Leasehold
BTL
148 m²





+28 photos
ValuationUndervalued
Sold Prices | £295K - £885K |
Sold Prices/m² | £2.5K/m² - £7.6K/m² |
| |
Square Metres | 147.66 m² |
Price/m² | £3.4K/m² |
Value Estimate | £540,473 |
BMV | 8% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £125,000 |
Stamp Duty & Legal Fees | £38,700 |
Total Cash In | £163,700 |
| |
Cash Out | |
Rent Range | £800 - £2,595 |
Rent Estimate | £1,162 |
Running Costs/mo | £1,815 |
Cashflow/mo | £-653 |
Cashflow/yr | £-7,835 |
Gross Yield | 3% |
Local Sold Prices
33 sold prices from £295K to £885K, average is £535K. £2.5K/m² to £7.6K/m², average is £3.7K/m².
Local Rents
51 rents from £800/mo to £2.6K/mo, average is £1.6K/mo.
Local Area Statistics
Population in NR4 | 22,331 |
Population in Norwich | 366,887 |
Town centre distance | 3.51 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 3.54 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -15% |
Sales demand | Balanced market |
Capital growth (5yrs) | +23% |
Property History
Listed for £500,000
March 19, 2025
Floor Plans

Description
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