4 Bed Detached House, Planning Permission, Norwich, NR6 6GF, £400,000

39 Stirling Road, Norwich, Norfolk, NR6 6GF - 1 views - 10 months ago

Planning
139 m²
+18 photos

ValuationFair Value

Sold Prices£210K - £647.4K
Sold Prices/m²£634/m² - £6.4K/m²

 

 

Square Metres

139.30 m²
Price/m²£2.9K/m²

Value Estimate

£398,000

 

 

End Value (After Refurb)

£372,547

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£62,543

Bridging Loan Interest

£10,500

Total Cash In

£195,493

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£372,547

Mortgage (After Refinance)

£279,410

Mortgage LTV

75%

Cash Left In

£195,493

Equity

£93,137

Rent Range

£1,100 - £3,195

Rent Estimate

£1,400

Running Costs/mo

£1,464

Cashflow/mo

£-64

Cashflow/yr

£-770

Gross Yield

4%

Local Sold Prices

50 sold prices from £210K to £647.4K, average is £350K. £634/m² to £6.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£338K05/210.07 mi15, Stirling Road, Norwich, Norfolk NR6 6GE4
£270K11/200.1 mi14, Heyford Road, Norwich, Norfolk NR6 6GB4
£287.5K04/240.1 mi4, Heyford Road, Norwich, Norfolk NR6 6GB4
£300K07/230.13 mi3, Beaufort Close, Norwich, Norfolk NR6 6GA4
£240K02/210.13 mi2, Beaufort Close, Norwich, Norfolk NR6 6GA4
£215K12/200.14 mi5, Spencer Road, Norwich, Norfolk NR6 6DF4
£310K11/210.14 mi8, Beaufort Close, Norwich, Norfolk NR6 6GA4
£265K12/220.19 mi118, Spencer Road, Norwich, Norfolk NR6 6DG4
£450K10/200.27 mi19, Taylors Lane, Norwich, Norfolk NR6 6DZ4
£590K04/230.32 mi10, Dowding Road, Norwich, Norfolk NR6 6DD4
£400K01/230.32 mi42, Catton Chase, Norwich, Norfolk NR6 7AS4
£600K10/230.41 mi259c, St Faiths Road, Norwich, Norfolk NR6 7BB4
£362K06/210.43 mi81, Lodge Farm Drive, Norwich, Norfolk NR6 7LP4
£365K11/220.47 mi8, Woodland Drive, Norwich, Norfolk NR6 7AX4
£380K01/240.48 mi24, Garrick Green, Norwich, Norfolk NR6 7AL4
£400K01/210.48 mi38, Waldemar Avenue, Norwich, Norfolk NR6 6TB4
£370K07/230.5 mi15, Players Way, Norwich, Norfolk NR6 7AU4
£275K05/210.5 mi14, Heath Close, Norwich, Norfolk NR6 6XE4
£385K06/210.5 mi119, Fifers Lane, Norwich, Norfolk NR6 6EE4
£393K10/230.52 mi68, Prince Andrews Road, Norwich, Norfolk NR6 6XG4
£647.4K01/210.53 miManor Garden, Church Street, Old Catton, Norwich, Norfolk NR6 7DR4
£350K12/200.55 mi25, Priors Drive, Norwich, Norfolk NR6 7LJ4
£400K09/230.55 mi126, Cromer Road, Norwich, Norfolk NR6 6XN4
£410K10/220.58 mi71, Garrick Green, Norwich, Norfolk NR6 7AN4
£350K03/210.6 mi59, Cromer Road, Norwich, Norfolk NR6 6LX4
£350K03/210.6 mi59, Cromer Road, Norwich, Norfolk NR6 6LX4
£210K01/210.62 mi48, Cromer Road, Norwich, Norfolk NR6 6LZ4
£460K04/230.64 mi1, Bramble Avenue, Norwich, Norfolk NR6 6LJ4
£321K06/210.65 mi49, Lodge Lane, Norwich, Norfolk NR6 7HQ4
£280K09/210.65 mi3, Eversley Road, Norwich, Norfolk NR6 6SG4
£277K04/210.66 mi5, Gorse Avenue, Norwich, Norfolk NR6 6LA4
£235K07/210.67 mi5, Swansgate, Norwich, Norfolk NR6 7HT4
£266K12/230.73 mi49, Meadow Close, Norwich, Norfolk NR6 6XY4
£425K11/220.73 mi34, Bramble Avenue, Norwich, Norfolk NR6 6LH4
£395K01/240.74 mi29, Reepham Road, Norwich, Norfolk NR6 5LD4
£270K08/230.75 mi23, The Paddocks, Norwich, Norfolk NR6 7HF4
£485K12/220.77 mi168, Spixworth Road, Norwich, Norfolk NR6 7EH4
£295K02/210.77 mi54, Reepham Road, Norwich, Norfolk NR6 5LT4
£640K11/220.78 mi231, Spixworth Road, Norwich, Norfolk NR6 7DZ4
£325K11/200.78 mi1a, Mountfield Avenue, Norwich, Norfolk NR6 5HW4
£435K03/230.8 mi62, Middletons Lane, Norwich, Norfolk NR6 5NG4
£290K04/210.8 mi24, Middletons Lane, Norwich, Norfolk NR6 5NG4
£362.5K12/200.8 mi62, Middletons Lane, Norwich, Norfolk NR6 5NG4
£300K04/210.8 mi10, Overstone Court, Norwich, Norfolk NR6 7EN4
£330K02/210.81 mi119, Reepham Road, Norwich, Norfolk NR6 5LU4
£413.5K02/210.81 mi23, Middletons Lane, Norwich, Norfolk NR6 5NQ4
£510K04/210.82 mi80, Oak Lane, Norwich, Norfolk NR6 7DD4
£290K08/210.82 mi20, Overbury Road, Norwich, Norfolk NR6 5LB4
£350K11/210.82 mi13, Dennis Road, Norwich, Norfolk NR6 6UB4
£278K05/210.82 mi24, Three Corner Drive, Norwich, Norfolk NR6 7HA4

Local Rents

13 rents from £1.1K/mo to £3.2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30001/250.1 mi-3
£1,35006/240.12 miHartbee Road, Norwich, Norfolk, NR63
£1,17503/250.13 mi-3
£1,20012/240.15 miBeaufort Close, Old Catton, Norwich3
£1,15006/240.23 mi-4
£1,10006/240.3 miRosebay Close, Norwich3
£1,10012/240.31 miOld Catton3
£1,20006/240.47 miHellesdon, Norwich, NR63
£1,35012/240.5 miSilk Mill Road, Hellesdon, Norfolk, NR63
£1,30012/240.5 mi-3
£1,20012/240.55 miPriors Drive, Norwich3
£1,25006/240.56 miCromer Road, Norwich, NR63
£3,19506/240.61 miSt. Faiths Road, Norwich, Norfolk, NR65

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

1.77 miles away

Nearest school

0.20 miles away

Nearest train station

2.80 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £400,000

May 16, 2024

Sold for £218,000

2005

Sold for £187,000

2005

Sold for £206,292

2002

Floor Plans

Description

  • Guide Price £400,000 - £425,000 +
  • Detached House +
  • Four Bedrooms +
  • Double Garage +
  • En-Suite & First Floor Family Bathroom +
  • Two Reception Rooms +
  • Kitchen Diner & Separate Utility Room +
  • Ground Floor WC +
  • Enclosed Rear Garden +
  • Ideal Family Home In Popular Suburb +

Located in the popular family suburb of Old Catton, discover this stunning four bedroom detached house that perfectly balances elegance and practicality. The property features two inviting reception rooms ideal for both relaxing and entertaining. The spacious kitchen diner is designed for modern living along with a convenient utility room and ground floor WC to enhance the functionality of the home. Upstairs, the master bedroom boasts an en-suite bathroom, providing a private oasis, while the additional three bedrooms share a well-appointed family bathroom. The exterior is equally impressive, with a double garage offering secure parking and storage, and an enclosed garden providing a safe and serene outdoor space for the whole family to enjoy.

Entrance Hall

Ground Floor WC

Kitchen/Diner 16'1 x 14'10 (4.90m x 4.53m)

Utility Room 6'5 x 5'4 (1.96m x 1.63m)

Dining Room 14'9 x 10'3 (4.50m x 3.12m)

Living Room 21'7 x 11'7 (6.58m x 3.52m)

Master Bedroom 21'7 x 11'7 (6.58m x 3.53m)

En-Suite

Bedroom Two 14'9 x 10'5 (4.50m x 3.17m)

Bedroom Three 11'7 x 11'6 (3.53m x 3.51m)

Bedroom Four 10'2 x 7'6 (3.10m x 2.29m)

Family Bathroom

Step into the enclosed garden, a perfect space for outdoor enjoyment. The garden features a well-maintained lawn, ideal for play and relaxation. A patio area provides a great spot for dining and entertaining. With convenient access to the double garage, this garden combines practicality with comfort, making it an ideal place for family and friends.

Old Catton is a Norwich suburb, which lies about two miles north-east to the centre of the city of Norwich. Catton Park is a local beauty spot with approximately 72 hectares of unspoiled green space. It is perfectly situated for enjoying the many attractions of Norwich, which include the Cathedral, The Forum, Norwich Castle and the city's famous covered market. Norwich also has a variety of good schools in both the private and public sectors.

IMPORTANT NOTICES

Local Authority: Norwich City Council

Council Tax Band: E

Current EPC rating: TBC

Property Construction: Standard Construction

Services not on the mains: N/A

Heating: Gas Boiler

Broadband: Details of available speeds can be found on the Openreach website.

Mobile Signal: An indication of available service can be found via the Ofcom website.

Known Building Safety Issues: N/A

Known Restrictions: N/A

Known Public & Private Rights: N/A

Flood & Coastal Erosion: The flood history of properties in England can be found at (Request link from agent), the long term flood risk for properties in England can be found at (Request link form agent). The plan for tackling coastal erosion can be found at (Request link form agent).

Planning Permission: Whether a local planning permission will affect enjoyment of the property is a subjective decision. You should satisfy yourself that local extensions, new buildings & developments will not affect your enjoyment of the property at the planning portal of the relevant local authority or via a planning search. Please ask if you would like any help with this?

Accessibility: Hopefully you can see the accessibility from the phots and floorplan but if you still have any questions regarding accessibilities or adaptations, please contact us.

Mining: Britain has been actively mined since 2700BCE. Limited information is known about prehistoric & historic mines but Norfolk is known to contain a number of historic mines, especially chalk mines. No map exists of the location of these mines but limited information about the known mines can be found at (Request link from agent).

Property Ladder, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
3. These published details should not be considered to be accurate and all information, including but not limited to lease details, boundary information and restrictive covenants have been provided by the sellers. Property Ladder have not physically seen the lease nor the deeds.

Agent Details

Property Ladder, Norwich

01603 361657

Next Steps?

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