4 Bed Detached House, Single Let, Norwich, NR15 1TP, £725,000

Norwich Road, Saxlingham Nethergate, NR15 1TP - 6 days ago

BTL

~129 m²

+31 photos

ValuationOvervalued

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

Square Metres	~129.26 m²
Price/m²	£5.6K/m²
Value Estimate	£383,422£383,422

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£181,250£181,250
Stamp Duty & Legal Fees	£61,200£61,200
Total Cash In	£242,450£242,450

Cash Out
Rent Range	£595 - £1,950£595 - £1,950
Rent Estimate	£873
Running Costs/mo	£2,460£2,460
Cashflow/mo	£-1,587£-1,587
Cashflow/yr	£-19,047£-19,047
Gross Yield	1%1%

Local Sold Prices

20 sold prices from £188K to £606.5K, average is £351K. £2.1K/m² to £3.6K/m², average is £3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£567.1K	12/23	0.01 mi	Russet House, Norwich Road, Saxlingham Nethergate, Norwich, Norfolk NR15 1TP	£3,567	159	4	House
£606.5K	12/22	0.3 mi	Prince Of Wales House, The Street, Saxlingham Nethergate, Norwich, Norfolk NR15 1AJ	-	-	4	Detached House
£385K	03/21	0.4 mi	Pittsway House, Pitts Hill, Saxlingham Nethergate, Norwich, Norfolk NR15 1PB	£2,305	167	4	Semi-Detached House
£308.5K	10/23	1.05 mi	5, Kingsway, Saxlingham Thorpe, Norwich, Norfolk NR15 1UA	£2,966	104	4	Detached House
£416.5K	11/22	1.08 mi	River Cottage, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD	£3,254	128	4	Detached House
£355K	11/22	1.08 mi	The Old Bakery, Old Street, Newton Flotman, Norwich, Norfolk NR15 1PD	£3,318	107	4	Detached House
£315K	06/21	1.2 mi	7, Dell Close, Newton Flotman, Norwich, Norfolk NR15 1RG	-	-	4	Detached House
£282K	09/23	1.24 mi	24, St Marys Close, Newton Flotman, Norwich, Norfolk NR15 1AH	-	-	4	Detached House
£255K	06/21	1.27 mi	The Birches, Exchange Road, Newton Flotman, Norwich, Norfolk NR15 1PS	£2,406	106	4	Detached House
£335K	09/22	1.28 mi	70, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF	-	-	4	Semi-Detached House
£485K	04/23	1.3 mi	The Cottage, The Common, Shotesham St Mary, Norwich, Norfolk NR15 1YQ	£3,277	148	4	Detached House
£347K	03/21	1.3 mi	94, Alan Avenue, Newton Flotman, Norwich, Norfolk NR15 1RF	£2,239	155	4	Detached House
£260K	12/20	1.34 mi	13, Sewells Close, Newton Flotman, Norwich, Norfolk NR15 1PX	£2,626	99	4	Semi-Detached House
£301.5K	01/21	1.4 mi	7, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF	£2,094	144	4	Detached House
£360K	04/23	1.4 mi	5, Grove Close, Newton Flotman, Norwich, Norfolk NR15 1QF	-	-	4	Detached House
£406.5K	06/21	1.87 mi	The Cottage, Briar Lane, Swainsthorpe, Norwich, Norfolk NR14 8PX	£2,221	183	4	Semi-Detached House
£475K	03/21	1.87 mi	The Old School House, Norwich Road, Swainsthorpe, Norwich, Norfolk NR14 8PU	£3,276	145	4	Detached House
£188K	01/21	1.92 mi	1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR	-	-	4	Semi-Detached House
£300K	07/23	1.92 mi	1, Grove Lane, Tasburgh, Norwich, Norfolk NR15 1LR	-	-	4	Semi-Detached House
£400K	04/23	1.97 mi	1, Harvey Close, Tasburgh, Norwich, Norfolk NR15 1LS	£3,604	111	4	Detached House

Local Rents

13 rents from £595/mo to £1.9K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,250	06/24	0.4 mi	Church Hill, Saxlingham Nethergate, Norwich, Norfolk, NR15	2	Semi-Detached House
£1,150	03/24	0.41 mi	The Street, Saxlingham Nethergate, Norwich, Norfolk, NR15	2	Detached House
£1,100	07/24	1.14 mi	Hawes Green	2	Detached House
£1,150	06/24	1.23 mi	Olive Avenue, Newton Flotman, Norwich	3	Semi-Detached House
£1,200	08/24	1.26 mi	Alan Avenue, NR15	3	Terraced House
£1,200	08/24	1.27 mi	Alan Avenue, Newton Flotman, NR15	3	Terraced House
£1,100	06/24	1.56 mi	Shotesham	3	Flat
£950	03/24	1.72 mi	Malthouse, Norwich Road, Swainsthorpe, Norwich, NR14	2	Terraced House
£1,200	02/25	2.1 mi	-	3	Terraced House
£1,950	08/24	2.17 mi	Fritton	4	Detached House
£595	07/24	2.4 mi	Gravel Hill, Stoke Holy Cross	1	Flat
£795	08/24	2.4 mi	Bancroft Close, Stoke Holy Cross, NR14	2	Flat
£1,375	07/24	2.44 mi	Minnow Way, Mulbarton, Norwich, Norfolk, NR14	3	Semi-Detached House

Local Area Statistics

Population in NR15	15,80615,806
Population in Norwich	366,887366,887
Town centre distance	7.46 miles away7.46 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	6.62 miles away6.62 miles away

Rental growth (12m)	+4%+4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £725,000

March 28, 2025

Floor Plans

Description

Immaculately Presented And Spacious Detached Family Home +
Four Double Bedrooms Off Galleried Landing +
Two Ensuite Shower Rooms And A Family Bathroom +
Three Light And Well Presented Reception Rooms +
Utility Room And Separate Cloakroom +
Large And Private Rear Garden With Stunning Countryside Views +
Double Garage And Ample Off Street Parking +
Highly Sought After Location +

Immaculately presented and exuding charm, this spacious detached family home boasts four double bedrooms situated off a galleried landing, perfect for modern family living. The property features two ensuite shower rooms, a family bathroom, three light-filled reception rooms, a utility room, and a separate cloakroom. Located in a highly sought-after area, the residence offers a serene retreat with stunning countryside views from the large and private rear garden. With a double garage and ample off-street parking, convenience and elegance merge seamlessly in this desirable abode - an inviting haven for those seeking a home that seamlessly blends comfort, style, and sophistication.

Agent Details

Websters Estate Agents, Norwich

01603 361833

Next Steps?

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

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