3 Bed Detached House, Single Let, Norwich, NR7 8DA, £290,000

35 St Margarets Drive, Sprowston, NR7 8DA - 1 views - 20 days ago

Sold STC
BTL
76 m²
+12 photos

ValuationOvervalued

Sold Prices£170K - £25.5M
Sold Prices/m²£2K/m² - £307.2K/m²

 

 

Square Metres

76 m²
Price/m²£3.8K/m²

Value Estimate

£245,161

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Total Cash In

£90,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£1,050

Running Costs/mo

£1,136

Cashflow/mo

£-86

Cashflow/yr

£-1,035

Gross Yield

4%

Local Sold Prices

50 sold prices from £170K to £25.5M, average is £265K. £2K/m² to £307.2K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£250K12/200.04 mi21, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£360K09/210.04 mi37, St Marys Grove, Norwich, Norfolk NR7 8DJ3
£285K07/230.06 mi54, St Margarets Drive, Norwich, Norfolk NR7 8DA3
£350K08/230.07 mi63, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£260K08/230.07 mi96, St Margarets Drive, Norwich, Norfolk NR7 8DB3
£270K11/200.12 mi15, Church Green, Norwich, Norfolk NR7 8BA3
£270K11/200.13 mi70, St Marys Grove, Norwich, Norfolk NR7 8DL3
£280K11/220.14 mi125, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3
£265K11/230.14 mi101, St Marys Grove, Sprowston, Norwich, Norfolk NR7 8DL3
£300K07/210.16 mi6, Chenery Drive, Norwich, Norfolk NR7 8RR3
£182K12/200.18 mi32, Church View Close, Norwich, Norfolk NR7 8QA3
£208K02/210.19 mi12, Church View Close, Norwich, Norfolk NR7 8QA3
£262K10/220.19 mi40, Church View Close, Norwich, Norfolk NR7 8QA3
£213K06/230.19 mi9, Church View Close, Norwich, Norfolk NR7 8QA3
£175.5K11/230.19 mi1, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.19 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£245K12/230.19 mi2, Church View Close, Norwich, Norfolk NR7 8QA3
£223K12/230.2 mi10, Blenheim Road, Norwich, Norfolk NR7 8AH3
£325K04/210.23 mi60, Blenheim Road, Norwich, Norfolk NR7 8AJ3
£260K11/230.26 mi72, Blenheim Road, Norwich, Norfolk NR7 8AL3
£170K11/200.27 mi34, Stonehouse Road, Norwich, Norfolk NR7 8AR3
£290K09/230.28 mi93, Cozens Hardy Road, Norwich, Norfolk NR7 8QQ3
£281.5K05/230.3 mi105, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RQ3
£292K06/210.32 mi21, Parana Road, Norwich, Norfolk NR7 8BJ3
£295K08/230.33 mi9, Sparhawk Close, Norwich, Norfolk NR7 8BT3
£310K01/210.35 mi43, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£265K03/210.35 mi53, Merlin Mews, Norwich, Norfolk NR7 8BZ3
£252.5K06/210.35 mi42, Foxburrow Road, Norwich, Norfolk NR7 8QX3
£173K12/200.37 mi67, Stonehouse Road, Norwich, Norfolk NR7 8AS3
£370K01/210.37 mi148, Wroxham Road, Norwich, Norfolk NR7 8EZ3
£216K03/210.38 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£216K03/210.38 mi46, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£260K02/240.38 mi16, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RG3
£317K06/230.4 mi16, Rushmore Road, Norwich, Norfolk NR7 8QR3
£360.5K09/230.4 mi8, Rushmore Road, Norwich, Norfolk NR7 8QR3
£320K02/240.42 mi33, Cozens Hardy Road, Norwich, Norfolk NR7 8QF3
£280K06/230.42 mi15, Martin Close, Norwich, Norfolk NR7 8PA3
£372.5K02/240.42 mi36, Martin Close, Norwich, Norfolk NR7 8PA3
£220K11/210.43 mi62, Blue Boar Lane, Norwich, Norfolk NR7 8RT3
£237K10/200.44 mi4, Trendall Road, Norwich, Norfolk NR7 8BL3
£220K05/210.44 mi25, Trendall Road, Norwich, Norfolk NR7 8BL3
£25.5M11/210.45 mi23, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£275K01/230.45 mi25, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£225K01/240.45 mi10, Sparhawk Avenue, Norwich, Norfolk NR7 8BX3
£310K08/210.45 mi1, Adams Road, Norwich, Norfolk NR7 8QT3
£325K11/220.46 mi9, Archer Close, Norwich, Norfolk NR6 7PD3
£288.5K08/210.48 mi10, Foxburrow Road, Norwich, Norfolk NR7 8QU3
£265K05/240.49 mi35, Tiercel Avenue, Norwich, Norfolk NR7 8JN3
£210K12/200.5 mi11, Pioneer Road, Norwich, Norfolk NR6 7PB3
£245K02/210.5 mi7, Inman Road, Norwich, Norfolk NR7 8JT3

Local Rents

22 rents from £1.1K/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.19 mi-3
£1,10006/240.26 miCranes Croft Road3
£1,05012/240.38 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,25006/240.63 miLarch Close, Sprowston, Norwich, Norfolk, NR73
£1,15012/240.65 miCere Road, Norwich3
£1,30012/240.68 miNorth Walsham Road, Norwich3
£1,25012/240.69 miCannerby Lane, NORWICH3
£1,35002/250.73 mi-3
£1,30004/250.78 mi-3
£1,29512/240.79 miCannerby Lane, Norwich, Norfolk, NR73
£1,19002/250.9 mi-3
£1,40006/240.91 miThree Corner Drive, Norwich3
£1,05003/250.93 mi-3
£1,05006/240.95 miSpixworth Road, Old Catton, Norwich, NR63
£1,75012/240.96 mi-3
£1,40006/240.99 miRandall Road, Sprowston, NR73
£1,20002/251.06 mi-3
£1,10012/241.09 miSale Road, Norwich3
£1,20008/241.11 mi-3
£1,20007/241.11 miShipfield, Norwich, NR33
£1,20012/241.16 miPriors Drive, Norwich3
£1,30012/241.18 mi-3

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.13 miles away

Nearest school

0.40 miles away

Nearest train station

2.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £290,000

March 25, 2025

Floor Plans

Description

  • DETACHED HOUSE +
  • 3/4 BEDROOMS +
  • SOUGHT AFTER LOCATION +
  • OFF ROAD PARKING +
  • EN-SUITE SHOWER ROOM +

DETACHED FAMILY HOME IN A SOUGHT AFTER LOCATION Gilson Bailey are delighted to offer this WELL PRESENTED, 3/4 BEDROOM, DETACHED HOUSE situated in the desirable suburb of Sprowston. Accommodation comprising entrance hall, lounge, dining room, kitchen, snug/bedroom and WC to the ground floor. On the first floor there are THREE BEDROOMS and a bathroom off landing with bedroom one having an EN-SUITE SHOWER ROOM. Outside there is DRIVEWAY to the front providing off road parking and to the rear there is an enclosed garden with summerhouse providing multiple uses. The house benefits from double glazing, gas heating and is in excellent condition throughout. The property would make a great family home so be quick to book a viewing.

Location - This desirable suburb lies to the north-east of Norwich and offers a good selection of amenities to include schooling for all ages, local doctors surgery, popular shops, supermarkets, pubs and restaurants. There is excellent public transport links to and from the City centre including the Sprowston Park & Ride service. There is ease of access to the Norwich Ring Road, NDR and Norfolk Broads.

Accommodation Comprises - Front door to:

Entrance Hall - Doors to dining room, wc and stairs to first floor.

Lounge - 4.53 x 3.10 (14'10" x 10'2") - Patio doors, radiator.

Dining Room - 3.34 x 2.80 (10'11" x 9'2") - Double glazed window, radiator.

Kitchen - 2.99 x 2.10 (9'9" x 6'10") - Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge/freezer and washing machine, double glazed window, radiator, door to side.

Snug/Bedroom - 4.79 x 2.37 (15'8" x 7'9") - Double glazed window, radiator.

Wc - Low level WC, hand wash basin, frosted double glazed window.

First Floor Landing - Doors to three bedrooms and bathroom.

Bedroom One - 4.40 x 2.63 (14'5" x 8'7") - Double glazed window, radiator.

En-Suite - 1.64 x 1.50 (5'4" x 4'11") - Shower cubicle, low level WC, hand wash basin, heated towel rail, frosted double glazed window.

Bedroom Two - 3.15 x 2.63 (10'4" x 8'7") - Double glazed window, radiator.

Bedroom Three - 2.62 x 2.25 (8'7" x 7'4") - Double glazed window, radiator.

Bathroom - 1.97 x 1.69 (6'5" x 5'6") - Panelled bath with shower over, low level WC, hand wash basin, heated towel rail, frosted double glazed window.

Outside Front - Driveway providing off road parking.

Outside Rear - Lawned garden, decking, mature plants, summerhouse, enclosed by timber fencing with side gate access.

Local Authority - Broadland District Council, Tax Band C.

Tenure - Freehold

Utilities - Full fibre broadband available.
Mains water and electric.

Agent Details

Gilson Bailey, Norwich

01603 361812

Next Steps?

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