3 Bed Semi-Detached House, Single Let, Norwich, NR5 8XQ, £217,000

Jex Road, West Norwich, NR5 8XQ - 1 views - 19 days ago

BTL
ROI: 1%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£123.1K - £282.5K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£240,379
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£54,250

Stamp Duty & Legal Fees

£12,050

Total Cash In

£66,300

 

 

Cash Out

 

Rent Range

£950 - £2,500

Rent Estimate

£961

Running Costs/mo

£890

Cashflow/mo

£71

Cashflow/yr

£848

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £123.1K to £282.5K, average is £196K. £1.5K/m² to £3.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£173K11/200.01 mi162, Jex Road, Norwich, Norfolk NR5 8XQ3
£207K12/220.03 mi71, Jex Road, Norwich, Norfolk NR5 8XQ3
£200K03/230.03 mi152, Jex Road, Norwich, Norfolk NR5 8XQ3
£202K06/210.03 mi14, Lusher Rise, Norwich, Norfolk NR6 5EA3
£144K06/230.03 mi44, Lusher Rise, Norwich, Norfolk NR6 5EA3
£180K03/210.06 mi65, Jex Road, Norwich, Norfolk NR5 8XG3
£207K12/200.06 mi65, Hellesdon Road, Norwich, Norfolk NR6 5EE3
£200K09/230.11 mi178, Jex Road, Norwich, Norfolk NR5 8XH3
£202K12/230.11 mi133, Jex Road, Norwich, Norfolk NR5 8XH3
£161.8K04/210.11 mi202, Jex Road, Norwich, Norfolk NR5 8XH3
£195K12/230.11 mi188, Jex Road, Norwich, Norfolk NR5 8XH3
£225K12/220.13 mi87, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£227.5K10/220.14 mi28, Jex Road, Norwich, Norfolk NR5 8XD3
£155K12/200.14 mi45, Jex Road, Norwich, Norfolk NR5 8XD3
£225K08/240.14 mi17, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£197K04/210.14 mi1, Hellesdon Close, Norwich, Norfolk NR6 5EF3
£282.5K08/240.14 mi538, Dereham Road, Norwich, Norfolk NR5 8TU3
£180K11/200.14 mi528, Dereham Road, Norwich, Norfolk NR5 8TU3
£230K04/230.16 mi105, Hellesdon Road, Norwich, Norfolk NR6 5EG3
£180K04/210.17 mi35, Jex Avenue, Norwich, Norfolk NR5 8XE3
£202K10/220.21 mi38, Marlpit Lane, Norwich, Norfolk NR5 8XP3
£221K02/240.23 mi31, Ranworth Road, Norwich, Norfolk NR5 8EB3
£192.5K04/210.23 mi37, Ranworth Road, Norwich, Norfolk NR5 8EB3
£172K06/210.24 mi83, Marlpit Lane, Norwich, Norfolk NR5 8XN3
£225K05/210.24 mi83, Whistlefish Court, Norwich, Norfolk NR5 8QR3
£238K11/200.29 mi408, Dereham Road, Norwich, Norfolk NR5 8QG3
£170K06/210.29 mi49, Bates Green, Norwich, Norfolk NR5 8YW3
£265K12/220.29 mi406, Dereham Road, Norwich, Norfolk NR5 8QG3
£240K06/230.32 mi25, Larkman Lane, Norwich, Norfolk NR5 8TZ3
£198.3K10/220.32 mi84, Motum Road, Norwich, Norfolk NR5 8EQ3
£170K02/210.33 mi3, Horning Close, Norwich, Norfolk NR5 8DN3
£185K02/240.34 mi21, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£185K04/240.34 mi41, Jamieson Place, Norwich, Norfolk NR5 8YZ3
£180K01/210.34 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£245K10/220.35 mi2, Beecheno Road, Norwich, Norfolk NR5 8TJ3
£180K01/210.36 mi127, Ranworth Road, Norwich, Norfolk NR5 8DY3
£270K12/230.37 mi2, Tollhouse Road, Norwich, Norfolk NR5 8QF3
£220K07/230.37 mi4, Tollhouse Road, Norwich, Norfolk NR5 8QF3
£192.5K06/210.37 mi92, Beverley Road, Norwich, Norfolk NR5 8DL3
£123.1K11/200.37 mi130, Knowland Grove, Norwich, Norfolk NR5 8YA3
£158.5K12/200.37 mi124, Knowland Grove, Norwich, Norfolk NR5 8YA3
£188K11/220.39 mi19, Randle Green, Norwich, Norfolk NR5 8YL3
£150K03/210.4 mi3, Randle Green, Norwich, Norfolk NR5 8YL3
£220K04/240.4 mi18, Winsford Way, Norwich, Norfolk NR5 0DH3
£184K02/210.4 mi11, Winsford Way, Norwich, Norfolk NR5 0DH3
£192K03/240.4 mi10, Winsford Way, Norwich, Norfolk NR5 0DH3
£168K02/240.4 mi21, Winsford Way, Norwich, Norfolk NR5 0DH3
£162.5K06/210.4 mi32, Stevenson Road, Norwich, Norfolk NR5 8TT3
£270K11/230.4 mi39, Larkman Lane, Norwich, Norfolk NR5 8TY3
£230K01/240.4 mi42, Larkman Lane, Norwich, Norfolk NR5 8TY3

Local Rents

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

RentDateDistanceAddressBeds 
£1,19502/250.08 mi-3
£2,50006/240.19 miHellesdon Road, Norwich, Norfolk, NR63
£1,15012/240.28 miCadge Close, Norwich3
£1,50012/240.32 mi-3
£1,35012/240.32 mi-3
£1,40001/250.32 mi-3
£1,28002/250.32 mi-3
£1,50012/240.32 miMotum Road, Norwich3
£1,27506/240.37 miBeverley Road, Norwich, NR53
£1,30012/240.37 miKnowland Grove, NORWICH3
£99502/240.4 mi-3
£1,15012/240.41 mi-3
£1,45006/240.41 miDereham Road, Norwich, NR53
£1,50006/240.45 miFoxley Road, Norwich3
£1,50006/240.46 miBixley Close, Norwich, Norfolk, NR53
£1,40001/250.49 mi-3
£1,30012/240.51 miNorwich Road, Norwich3
£1,05006/240.52 miGilbard Road, Norwich3
£1,27512/240.52 miGilbard Road, NR5 8TR3
£95006/240.55 miBeecheno Road, NORWICH3
£1,10006/240.55 miNorwich, NR53
£1,30012/240.56 mi-3
£1,30012/240.56 mi-3
£1,20007/240.58 miWheatley Road, Norwich, NR23
£1,29006/240.59 mi-3
£1,38012/240.59 mi-3
£1,32506/240.6 miOlive Road, Norwich3

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

1.87 miles away

Nearest school

0.20 miles away

Nearest train station

2.65 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £217,000

March 24, 2025

Floor Plans

Description

  • Semi Detached House +
  • Entrance Hall +
  • Lounge +
  • Kitchen +
  • Ground Floor Shower Room +
  • Conservatory +
  • Three Bedrooms +
  • Nice Enclosed Rear Garden +
  • No Chain +

Property Summary
* NO CHAIN on this THREE BEDROOM SEMI DETACHED HOUSE located west of Norwich. The property has entrance hall, lounge, kitchen, ground floor shower room, CONSERVATORY, three first floor bedrooms and a nice enclosed rear garden * Entrance Hall
Stairs to first floor, door to lounge Lounge 14'7 x 12'11
Double glazed window to front, feature fireplace, wood effect flooring, radiator Kitchen 8'7 x 7'6
Window to rear, fitted range of wall and base units with work tops over, sink and drainer, space for appliances Shower Room
Double glazed window to rear, shower cubicle, WC, wash basin, tiled walls, radiator Conservatory 12'4 x 12'2
Brick and double glazed construction, tiled floor, door to garden First Floor Landing
Doors to all rooms Bedroom 15'6 x 9'6
Double glazed window to front, radiator Bedroom 12'3 x 8'1
Double glazed window to rear, radiator Bedroom 9'4 x 8'5
Double glazed window to rear, radiator Outside
To the front of the property is a good sized split level garden with path to front door

To the rear is a nice enclosed rear garden with patio and lawn area and garden shed

Agent Details

Russen & Hill Estate Agents, Costessey

01603 361593

Next Steps?

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