4 Bed Detached House, Single Let, Norwich, NR7 8DY, £450,000

Neville Road, Norwich, NR7 8DY - 13 days ago

BTL
~129 m²
+11 photos

ValuationOvervalued

Sold Prices£239K - £650K
Sold Prices/m²£2K/m² - £5.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.5K/m²

Value Estimate

£403,115

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£1,194

Running Costs/mo

£1,665

Cashflow/mo

£-471

Cashflow/yr

£-5,653

Gross Yield

3%

Local Sold Prices

51 sold prices from £239K to £650K, average is £370K. £2K/m² to £5.4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£375K04/230.08 mi10, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EL4
£350K12/200.1 mi37, Allens Avenue, Norwich, Norfolk NR7 8EP4
£347.5K01/240.13 mi23, Breydon Road, Norwich, Norfolk NR7 8EF4
£500K08/230.14 mi77, Wroxham Road, Norwich, Norfolk NR7 8TW4
£530K02/230.16 mi3a, Higham Close, Norwich, Norfolk NR7 8UF4
£345K11/200.18 mi15, Colindeep Lane, Norwich, Norfolk NR7 8EG4
£605K04/240.18 mi51, Wroxham Road, Norwich, Norfolk NR7 8TN4
£512K06/230.19 mi10, Wroxham Road, Sprowston, Norwich, Norfolk NR7 8TZ4
£420K09/210.2 mi54b, School Lane, Sprowston, Norwich, Norfolk NR7 8TQ4
£305K12/200.21 mi5, Mounteney Close, Norwich, Norfolk NR6 7QH4
£295K12/200.27 mi2a, Dixon Road, Norwich, Norfolk NR7 8QJ4
£340K07/230.27 mi28, Dixon Road, Sprowston, Norwich, Norfolk NR7 8QJ4
£420K03/230.27 mi115, Wroxham Road, Norwich, Norfolk NR7 8AD4
£420K05/210.27 mi123, Wroxham Road, Norwich, Norfolk NR7 8AD4
£266K02/210.28 mi24, Alford Grove, Norwich, Norfolk NR7 8XB4
£365K11/220.28 mi23, Alford Grove, Norwich, Norfolk NR7 8XB4
£400K04/230.28 mi7, Cuthbert Close, Norwich, Norfolk NR7 8QL4
£575K12/220.3 mi9, Rosemary Road, Norwich, Norfolk NR7 8ER4
£545.6K05/230.31 mi102, Wroxham Road, Norwich, Norfolk NR7 8EX4
£320K11/210.31 mi6b, Edwards Road, Norwich, Norfolk NR7 8QW4
£285K03/230.33 mi29, Meadow Gardens, Norwich, Norfolk NR6 7RJ4
£355K03/220.34 mi36, Denton Road, Norwich, Norfolk NR3 4DP4
£380K03/210.35 mi52, Rosemary Road, Norwich, Norfolk NR7 8ER4
£405K03/230.35 mi68, Rosemary Road, Norwich, Norfolk NR7 8ER4
£347K05/210.38 mi5, Lucerne Close, Norwich, Norfolk NR6 7DG4
£295K06/210.38 mi9, Lucerne Close, Norwich, Norfolk NR6 7DG4
£620K03/210.38 mi147, Wroxham Road, Norwich, Norfolk NR7 8AF4
£360K08/240.42 mi61, Cromwell Road, Norwich, Norfolk NR7 8XJ4
£370K01/230.42 mi72, The Warren, Old Catton, Norwich, Norfolk NR6 7NN4
£380K01/240.43 mi35, Foxburrow Road, Norwich, Norfolk NR7 8QU4
£330K05/210.46 mi27, Lambert Road, Norwich, Norfolk NR7 8AA4
£550K03/230.48 mi32, Spixworth Road, Norwich, Norfolk NR6 7NF4
£365K08/210.48 mi95, Foxburrow Road, Norwich, Norfolk NR7 8QX4
£365K08/210.48 mi95, Foxburrow Road, Norwich, Norfolk NR7 8QX4
£300K07/210.48 mi69, Foxburrow Road, Norwich, Norfolk NR7 8QX4
£255K07/210.49 mi143, Moore Avenue, Norwich, Norfolk NR6 7LQ4
£300K10/200.49 mi163, Moore Avenue, Norwich, Norfolk NR6 7LQ4
£239K01/210.5 mi32, Anthony Drive, Norwich, Norfolk NR3 4EN4
£560K09/230.5 mi146, Wroxham Road, Norwich, Norfolk NR7 8EZ4
£297K01/210.5 mi312a, Sprowston Road, Norwich, Norfolk NR3 4EJ4
£495K02/210.53 mi9, Spixworth Road, Norwich, Norfolk NR6 7NE4
£405K05/210.55 mi43a, St Clements Hill, Norwich, Norfolk NR3 4DN4
£521K02/210.55 mi7, Colkett Drive, Old Catton, Norwich, Norfolk NR6 7ND4
£425K01/230.55 mi16, Colkett Drive, Old Catton, Norwich, Norfolk NR6 7ND4
£385K03/230.56 mi33, Burma Road, Norwich, Norfolk NR6 7LH4
£485K12/220.58 mi168, Spixworth Road, Norwich, Norfolk NR6 7EH4
£362.5K01/210.59 mi139, Wilks Farm Drive, Sprowston, Norwich, Norfolk NR7 8RQ4
£630K10/220.6 mi29, St Clements Hill, Norwich, Norfolk NR3 4DE4
£650K06/210.6 mi15, St Clements Hill, Norwich, Norfolk NR3 4DE4
£265K12/200.62 mi43, Billing Close, Norwich, Norfolk NR6 7EL4
£290K11/230.62 mi38, Billing Close, Norwich, Norfolk NR6 7EL4

Local Rents

12 rents from £1.1K/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.29 miNorth Walsham Road, Norwich3
£1,75012/240.31 mi-3
£1,20002/250.34 mi-3
£1,20008/240.35 mi-3
£1,20007/240.35 miShipfield, Norwich, NR33
£1,25012/240.45 miCannerby Lane, NORWICH3
£1,35006/240.47 miMoore Avenue, NR64
£1,29512/240.49 miCannerby Lane, Norwich, Norfolk, NR73
£1,19002/250.49 mi-3
£1,60006/240.58 miChurch Street, Old Catton, Norwich4
£1,40012/240.59 mi-3
£1,05012/240.6 miWilks Farm Drive, Sprowston, Norwich, NR73

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

1.37 miles away

Nearest school

0.20 miles away

Nearest train station

1.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £450,000

March 25, 2025

Floor Plans

Description

  • Detached house +
  • Four / five bedrooms +
  • Generous living accommodation +
  • Sought after location +
  • Close to local amenities +
  • Detached garage with inspection pit +
  • Ideal family home +
  • Internal viewing advised +

abbotFox presents this spacious detached family home. Set in the popular and well serviced residential area of Sprowston, this home has been well maintained by the current owners and represents an ideal opportunity for any growing family.

Sitting on a generous plot with ample off road parking to the front, the property offers an enclosed rear garden with access to a detached garage with inspection pit. Internally, the property offers neatly arranged accommodation over two floors. The ground floor comprises; entrance hall, cloakroom, lounge, dining room that opens into kitchen, utility room and an additional reception room, that could be utilised as a further bedroom. The first floor provides, four comfortable bedroom accessed off landing, with an en-suite shower room to the principal bedroom and a family bathroom off landing.

An internal viewing comes highly recommended to appreciate this home.

Agent Details

AbbotFox, Norwich

01603 510582

Next Steps?

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