3 Bed Semi-Detached House, Single Let, Norwich, NR5 9EA, £220,000

Swafield Street, Bowthorpe, Norwich, Norfolk, NR5 9EA - 15 days ago

BTL
ROI: 4%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£175K - £325K
Sold Prices/m²£1.9K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£268,269
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£1,100 - £1,600

Rent Estimate

£1,150

Running Costs/mo

£938

Cashflow/mo

£213

Cashflow/yr

£2,550

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £175K to £325K, average is £225.1K. £1.9K/m² to £5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£238.5K12/230.1 mi200, Beloe Avenue, Norwich, Norfolk NR5 9AQ3
£250K06/230.11 mi7, Hemmings Close, Norwich, Norfolk NR5 9EH3
£245K10/230.11 mi13, Hemmings Close, Norwich, Norfolk NR5 9EH3
£205K11/200.11 mi45, Stylman Road, Norwich, Norfolk NR5 9ET3
£197.5K05/210.11 mi5, Stylman Road, Norwich, Norfolk NR5 9ET3
£188K01/210.16 mi16, Yaxley Way, Norwich, Norfolk NR5 9EQ3
£195K07/210.19 mi4, Lisle Road, Norwich, Norfolk NR5 9LH3
£270K09/210.2 mi7, Cornwallis Close, Norwich, Norfolk NR5 9BJ3
£240K10/230.21 mi42, Wenman Court, Norwich, Norfolk NR5 9LP3
£225K10/230.21 mi6, Wenman Court, Norwich, Norfolk NR5 9LP3
£215K06/210.22 mi17, Thurston Close, Norwich, Norfolk NR5 9LS3
£185K03/210.22 mi56, Braithwait Close, Norwich, Norfolk NR5 9EJ3
£210K12/200.22 mi42, Braithwait Close, Norwich, Norfolk NR5 9EJ3
£300K09/230.22 mi21, The Crofts, Norwich, Norfolk NR5 9LJ3
£225K10/210.23 mi1, Astley Road, Norwich, Norfolk NR5 9LA3
£250K09/230.23 mi38, Tolye Road, Norwich, Norfolk NR5 9PR3
£250K06/230.23 mi18, Tolye Road, Norwich, Norfolk NR5 9PR3
£271K10/220.24 mi4, The Crofts, Norwich, Norfolk NR5 9LJ3
£200K05/230.25 mi14, Kerville Street, Norwich, Norfolk NR5 9BG3
£215K06/210.25 mi51, Harpsfield, Norwich, Norfolk NR5 9LG3
£250K03/210.26 mi6, Thacker Way, Norwich, Norfolk NR5 9PS3
£220K05/210.26 mi22, Thacker Way, Norwich, Norfolk NR5 9PS3
£280K01/240.26 mi13, Thacker Way, Norwich, Norfolk NR5 9PS3
£270K10/230.26 mi5, Thacker Way, Norwich, Norfolk NR5 9PS3
£262.5K12/230.26 mi11, William Childerhouse Way, Norwich, Norfolk NR5 9LY3
£280K02/230.26 mi28, Tottington Close, Norwich, Norfolk NR5 9LW3
£205K02/210.26 mi8, The Columbine, Norwich, Norfolk NR5 9NP3
£235K03/230.26 mi14, Harry Barber Close, Norwich, Norfolk NR5 9DY3
£237.5K03/240.27 mi40, Fresher Mews, Norwich, Norfolk NR5 9HF3
£225.1K05/240.27 mi38, Fresher Mews, Norwich, Norfolk NR5 9HF3
£197K09/230.3 mi2, Wortham Close, Norwich, Norfolk NR5 9DX3
£215K05/240.3 mi18, Wortham Close, Norwich, Norfolk NR5 9DX3
£276K11/220.32 mi11, Hancock Court, Norwich, Norfolk NR5 9NN3
£220K05/210.34 mi10, Pishmire Close, Norwich, Norfolk NR5 9PU3
£177.5K03/210.34 mi22, Brennewater Mews, Norwich, Norfolk NR5 9DH3
£325K01/230.34 mi7, Hempsted Mews, Norwich, Norfolk NR5 9NL3
£210K07/210.35 mi6, Reydon Close, Norwich, Norfolk NR5 9AG3
£175K06/210.37 mi8, Bumpstede Court, Norwich, Norfolk NR5 9DW3
£247.5K02/210.38 mi25, Pollywiggle Close, Norwich, Norfolk NR5 9PG3
£280K10/230.38 mi22, Pollywiggle Close, Norwich, Norfolk NR5 9PG3
£245K07/230.38 mi24, Pollywiggle Close, Norwich, Norfolk NR5 9PG3
£182K01/210.39 mi28, Notykin Street, Norwich, Norfolk NR5 9DN3
£177K06/210.39 mi11, Notykin Street, Norwich, Norfolk NR5 9DN3
£215K10/220.4 mi30, Notykin Street, Norwich, Norfolk NR5 9DN3
£198K12/210.4 mi18, Notykin Street, Norwich, Norfolk NR5 9DN3
£185K02/210.4 mi5, Cotterall Court, Norwich, Norfolk NR5 9AZ3
£190K02/210.41 mi25, Mawkin Close, Norwich, Norfolk NR5 9PT3
£315K12/220.41 mi81, Sukey Way, Norwich, Norfolk NR5 9NZ3
£246K12/200.41 mi76, Sukey Way, Norwich, Norfolk NR5 9NZ3
£235.5K08/240.42 mi25, Thurlby Road, Norwich, Norfolk NR5 9LU3

Local Rents

34 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.04 mi-3
£1,30008/240.23 mi-3
£1,40012/240.24 miNotridge Road, Norwich, NR53
£1,25012/240.24 mi-3
£1,50006/240.25 miKerville Street, NR5 9BG3
£1,20006/240.27 miFresher Mews, Three Score, Norwich, NR53
£1,10006/240.27 miFresher Mews, Three Score, Norwich, NR53
£1,35006/240.29 miThe Swale, Three Score, Norwich, NR53
£1,20012/240.29 miBishy Barnebee Way, Threescore, Norwich3
£1,15012/240.3 miThree Score, NR53
£1,15012/240.34 miHorn Pie Road, Norwich, Norfolk3
£1,35012/240.35 miCaddow Road, Norwich3
£1,30012/240.38 miShepherd Purse Way, NORWICH3
£1,20006/240.38 miPollywiggle Close, Norwich3
£1,35012/240.39 mi-3
£1,35012/240.39 miPollywiggle Close, Norwich, NR53
£1,40012/240.41 miMawkin Close, Norwich, NR53
£1,40003/250.41 mi-3
£1,30004/250.41 mi-3
£1,40012/240.41 mi-3
£1,50012/240.41 miSukey Way, NR5 9NZ3
£1,20001/250.43 mi-3
£1,20006/240.49 miAttelsey Way, Norwich3
£1,39506/240.49 miAttelsey Way, Norwich, Norfolk, NR53
£1,35012/240.51 miAtkinson Close, NORWICH3
£1,35012/240.51 miAtkinson Close, Norwich, NR53
£1,35012/240.52 miAtkinson Close, Norwich3
£1,60012/240.55 miLushington Close, Norwich3
£1,29508/240.59 mi-3
£1,15007/230.6 mi-3
£1,40006/240.6 mi-3
£1,10012/240.6 mi-3
£1,29504/240.6 mi-3
£1,15006/240.62 miSwallow Tail Close, Norwich, 3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

3.06 miles away

Nearest school

0.10 miles away

Nearest train station

3.77 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £220,000

March 21, 2025

Floor Plans

Description

  • 3 Bedroom Semi-Detached House +
  • Well-Presented Throughout +
  • 17ft Lounge/Diner & Modern Kitchen +
  • 3 Beds, Bathroom & WC Off Landing +
  • Double Glazed With Gas Central Heating +
  • Well-Maintained Enclosed Rear Garden +
  • Close To Local Amenities +
  • Ideal First Time Purchase +
  • Viewing Advised – Please Call Now +

Be quick to view this well-presented three-bedroom semi-detached house. Situated to the west of Norwich, the property lends itself to being a superb first home, or a lucrative investment opportunity with convenient access to University of East Anglia and Norwich University Hospital as well as offering direct access to Norwich City Centre just a few miles away.

The accommodation on offer consists of an entrance hall, a 17ft lounge/diner, and a kitchen to the ground floor. Upstairs you will find three bedrooms and a modern bathroom with separate WC off landing. The property also benefits from double glazing and gas central heating.

Outside, to the front of the property is a residents car park with off road parking as well as a spacious outside storage shed. To the rear is a superb and fully enclosed garden which is laid to lawn and patio with a private and picturesque rear outlook.

Properties in this location are always a popular addition to the market and tend to attract a lot of interest. Please call now to arrange a viewing but be quick as time is of the essence.

AGENTS NOTES
Tenure - Freehold
Council Tax Band - B
Local Authority - Norwich City Council
We have been advised that the property is connected to mains water, electricity and gas.

We have been advised that the property is connected to mains water, electricity and gas.
Winkworth wishes to inform prospective buyers and tenants that these particulars are a guide and act as information only. All our details are given in good faith and believed to be correct at the time of printing but they don’t form part of an offer or contract. No Winkworth employee has authority to make or give any representation or warranty in relation to this property. All fixtures and fittings, whether fitted or not are deemed removable by the vendor unless stated otherwise and room sizes are measured between internal wall surfaces, including furnishings. The services, systems and appliances have not been tested, and no guarantee as to their operability or efficiency can be given.

Agent Details

Winkworth, Hellesdon

01603 361844

Next Steps?

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