4 Bed Detached House, Refurb/BRRR, Norwich, NR15 1PB, £750,000

Saxlingham Nethergate, NR15 1PB - 9 days ago

Refurb/BRRR
~129 m²
+14 photos

ValuationOvervalued

Sold Prices£188K - £606.5K
Sold Prices/m²£2.1K/m² - £3.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.8K/m²

Value Estimate

£373,114

 

 

End Value (After Refurb)

£405,208

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£63,700

Refurb Costs

£58,447

Bridging Loan Interest

£19,688

Total Cash In

£331,084

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£405,208

Mortgage (After Refinance)

£303,906

Mortgage LTV

75%

Cash Left In

£331,084

Equity

£101,302

Rent Range

£950 - £1,950

Rent Estimate

£1,291

Running Costs/mo

£1,544

Cashflow/mo

£-253

Cashflow/yr

£-3,042

Gross Yield

2%

Local Sold Prices

23 sold prices from £188K to £606.5K, average is £347K. £2.1K/m² to £3.6K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£385K03/210.03 miPittsway House, Pitts Hill, Saxlingham Nethergate, Norwich, Norfolk NR15 1PB4
£606.5K12/220.13 miPrince Of Wales House, The Street, Saxlingham Nethergate, Norwich, Norfolk NR15 1AJ4
£567.1K12/230.41 miRusset House, Norwich Road, Saxlingham Nethergate, Norwich, Norfolk NR15 1TP4
£308.5K10/231.04 mi5, Kingsway, Saxlingham Thorpe, Norwich, Norfolk NR15 1UA4
£416.5K11/221.13 miRiver Cottage, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£355K11/221.13 miThe Old Bakery, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD4
£315K06/211.21 mi7, Dell Close, Newton Flotman, Norwich, Norfolk NR15 1RG4
£282K09/231.35 mi24, St Marys Close, Newton Flotman, Norwich, Norfolk NR15 1AH4
£335K09/221.36 mi70, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF4
£255K06/211.36 miThe Birches, Exchange Road, Newton Flotman, Norwich, Norfolk NR15 1PS4
£347K03/211.37 mi94, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF4
£260K12/201.45 mi13, Sewells Close, Newton Flotman, Norwich, Norfolk NR15 1PX4
£301.5K01/211.53 mi7, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF4
£360K04/231.53 mi5, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF4
£485K04/231.66 miThe Cottage, The Common, Shotesham St Mary, Norwich, Norfolk NR15 1YQ4
£345K05/211.69 mi15, Church Road, Tasburgh, Norwich, Norfolk NR15 1ND4
£188K01/211.69 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£300K07/231.69 mi1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR4
£320K11/231.72 mi1, Willow Close, Tasburgh, Norwich, Norfolk NR15 1NE4
£400K04/231.76 mi1, Harvey Close, Tasburgh, Norwich, Norfolk NR15 1LS4
£455K04/211.77 miMiddle Barn, 3, Gowing Way, Fritton, Norwich, Norfolk NR15 2LW4
£440K04/231.83 miPilgrim Cottage, Low Road, Tasburgh, Norwich, Norfolk NR15 1LT4
£440K06/211.87 miBramber House, Mill Road, Hempnall, Norwich, Norfolk NR15 2LP4

Local Rents

11 rents from £950/mo to £1.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15003/240.12 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,25006/240.14 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,20008/241.3 miAlan Avenue, NR153
£1,15006/241.3 miOlive Avenue, Newton Flotman, Norwich3
£1,20008/241.31 miAlan Avenue, Newton Flotman, NR153
£1,10007/241.55 miHawes Green2
£1,95008/241.77 miFritton4
£1,10006/241.85 miShotesham3
£95003/242.08 miMalthouse, Norwich Road, Swainsthorpe, Norwich, NR142
£1,95006/242.25 miScots Bungalow, Hempnall, Norwich4
£1,20002/252.45 mi-3

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

7.87 miles away

Nearest school

0.20 miles away

Nearest train station

7.03 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £750,000

March 27, 2025

Floor Plans

Description

  • Remarkable and Unique Norfolk Barn Sitting on 0.7 Acres (STMS) +
  • Highly Versatile Accommodation +
  • Four Large Bedrooms +
  • Ground Floor Bedroom Options +
  • Superb Garden Plot +
  • Idyllic Countryside Views +
  • Enviable Plot on Edge of Sought After Village +
  • Immaculately Presented Throughout +
  • Detached Double Garage +
  • Easy Reach of Norwich +

Tucked on the edge of a sought-after village, The Barn offers beautifully presented interiors that highlight an accomplished renovation, blending character with modern living. Breathtaking countryside views are featured throughout, adding to the timeless appeal of this idyllic home. Arranged mostly over the ground floor, the highly versatile accommodation makes for a brilliantly flexible home. The striking entrance hall is awash with natural light, whilst the formal sitting room is a spectacular space under the drama of the exposed ceiling and a fireplace flanked by windows, ushering views of the garden and countryside beyond. Yet more idyllic views can be found in the kitchen – a splendid view even for the washing up! The substantial conservatory cleverly links the kitchen and dining room and provides a panoramic immersion into the calming natural surroundings. Two bedrooms are found on the ground floor, one of which benefits from a generous en-suite and both bedrooms enjoy superb volume from the fully vaulted ceiling. A fourth bedroom/ optional study brings excellent versatility, with the main bathroom to serve the ground floor. The first floor is dedicated to a further luxurious bedroom suite, complete with a large en-suite, walk-in wardrobe, and, of course, splendid views to boot. The Barn sits on a generous 0.7 acre plot, which is every bit as expansive and varied as the property itself. The large frontage provides ample off-road parking, complemented by the detached double garage, whilst the rear garden is an oasis of calm and timeless natural surroundings. The paved terrace is a wonderful, sheltered area and a real sun trap to bask and enjoy the views of the pond under the dappled light of handsome mature trees. The remainder of the plot sprawls into well-kept lawns and seasonal meadows, interspersed by mature shrubs amidst the backdrop of rolling countryside. SERVICES CONNECTED
Mains water and electricity. Drainage to be confirmed. Oil fired central heating. COUNCIL TAX
Band G. ENERGY EFFICIENCY RATING
E. Ref:- 9311-3921-2200-8532-3200
To retrieve the Energy Performance Certificate for this property please visit and enter in the reference number above. Alternatively, the full certificate can be obtained through Sowerbys. TENURE
Freehold. LOCATION
What3words: ///partly.gratitude.upcoming WEBSITE TAGS
village-spirit
room-to-roam

EPC Rating: E

Agent Details

Sowerbys, Norwich

01603 361647

Next Steps?

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