4 Bed Detached House, Single Let, Norwich, NR10 4FG, £390,000

16 Overton Way, Reepham, NR10 4FG - 15 days ago

BTL
125 m²
+14 photos

ValuationOvervalued

Sold Prices£280K - £560K
Sold Prices/m²£2.1K/m² - £4K/m²

 

 

Square Metres

125 m²
Price/m²£3.1K/m²

Value Estimate

£332,341

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£27,700

Total Cash In

£125,200

 

 

Cash Out

 

Rent Range

£800 - £1,500

Rent Estimate

£838

Running Costs/mo

£1,406

Cashflow/mo

£-568

Cashflow/yr

£-6,820

Gross Yield

3%

Local Sold Prices

24 sold prices from £280K to £560K, average is £377.5K. £2.1K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£296K06/210.16 mi17, Laburnum Grove, Reepham, Norwich, Norfolk NR10 4LY4
£445K12/220.23 mi29, Crown Meadow, Reepham, Norwich, Norfolk NR10 4SP4
£335K11/200.24 mi8, Crown Meadow, Reepham, Norwich, Norfolk NR10 4SP4
£300K01/210.3 mi10a, New Road, Reepham, Norwich, Norfolk NR10 4LP4
£290K11/200.34 mi24, New Road, Reepham, Norwich, Norfolk NR10 4ND4
£305K01/210.35 mi33, Irwin Close, Reepham, Norwich, Norfolk NR10 4EQ4
£400K12/200.35 mi6, Moorhouse Close, Reepham, Norwich, Norfolk NR10 4EG4
£560K01/210.38 mi21, Stony Lane, Reepham, Norwich, Norfolk NR10 4QS4
£476.1K10/230.43 mi14, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£330K01/210.43 mi20, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£320K01/210.43 mi60, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£460K11/210.43 mi66, Bircham Road, Reepham, Norwich, Norfolk NR10 4NQ4
£415K02/230.48 mi29, Bircham Road, Reepham, Norwich, Norfolk NR10 4NG4
£420K05/230.48 mi35, Bircham Road, Reepham, Norwich, Norfolk NR10 4NG4
£340K11/200.51 mi21, Pightle Way, Reepham, Norwich, Norfolk NR10 4QW4
£490K06/210.99 miBroom House, Broomhill Lane, Reepham, Norwich, Norfolk NR10 4QY4
£315K06/231.15 mi1, Commonside, Salle, Norwich, Norfolk NR10 4EP4
£280K11/201.61 mi7, Glebe Crescent, Cawston, Norwich, Norfolk NR10 4BD4
£452.5K01/211.71 mi4, Ames Court, Cawston, Norwich, Norfolk NR10 4QD4
£475K03/231.77 mi16, High Street, Cawston, Norwich, Norfolk NR10 4AA4
£300K02/211.84 mi5, Brandiston Road, Cawston, Norwich, Norfolk NR10 4ET4
£370K12/201.86 mi67, Chapel Street, Cawston, Norwich, Norfolk NR10 4BG4
£385K05/211.95 mi16, Paul Engelhard Way, Cawston, Norwich, Norfolk NR10 4FB4
£495K01/231.95 mi1, Paul Engelhard Way, Cawston, Norwich, Norfolk NR10 4FB4

Local Rents

7 rents from £800/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£80006/240.46 miOllands Road, Reepham, NORWICH2
£1,10006/240.51 miSilver End, Reepham, NORWICH3
£87506/240.58 miOllands Road, Reepham2
£85006/240.62 miChapel Close, Reepham, NORWICH2
£1,50006/240.66 miMarket Place, Reepham, NORWICH4
£1,40012/241.84 miBrandiston Road, Cawston, NORWICH3
£1,20006/242.21 miThe Street, Heydon3

Local Area Statistics

Population in NR10

22,761

Population in Norwich

366,887

Town centre distance

11.50 miles away

Nearest school

0.80 miles away

Nearest train station

11.49 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £390,000

March 21, 2025

Floor Plans

Description

  • Detached House +
  • Four Bedrooms +
  • Two Reception Rooms +
  • Study +
  • Cloakroom/WC +
  • Modern Fitted Kitchen & Utility +
  • En-Suite & Family Bathroom +
  • Drive to Garage +
  • No Onward Chain +

No Onward Chain A very well presented four-bedroom detached house situated in the sought-after market town of Reepham. This property is ideal for a growing family looking for a town with plenty of amenities and great school catchments.

As you enter the property there is a hallway that opens centrally, an adjacent cloakroom/WC and separate study can be found. There is also a generous living room that benefits from a bay window to front, a dining room with patio doors to garden and a modern fitted kitchen that benefits from a breakfast bar and semi-open plan utility area.

Upstairs, are the four bedrooms, the main bedroom boasts a fitted wardrobe and an en-suite shower room with bedrooms two and four also benefit from a fitted wardrobes and dressing area respectfully, a family bathroom suite servicing the remainder of the bedrooms.

Outside, to the front is off-street parking via a driveway to garage plus a front garden area. To the rear, is a private garden with two patio areas and the remainder benefitting from laid to lawn grass and a sectioned area for the oil tank.

For room measurements please click on the floorplan.

Situation:
Reepham is a popular and historic Broadland market town located approximately 13 miles from Norwich city centre. The town hosts numerous local businesses and independent local shops, as well as two popular public houses / hotel in the Market Place. There is a renowned secondary school and sixth form college together with many other useful amenities. The beautiful North Norfolk coast and various beaches are within easy driving distance from Reepham.

Directions
To find the property leave the Reepham Market Place and turn right at the crossroads onto Station Road. Continue along the B1145 and then turn left into Overton Way and the property will be seen on on the right hand side clearly marked by a Parsons & Company 'For Sale' board for ease of identification.

Services:
Mains, water and electricity are connected. Oil central heating.

For further information and to arrange your viewing, please contact our friendly and professional team.

Agent Details

Parsons & Co, Reepham

01603 361624

Next Steps?

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