3 Bed Bungalow, Single Let, Norwich, NR15 1TS, £595,000

Cargate Lane, Saxlingham Nethergate, NR15 1TS - 8 months ago

Under Offer
BTL
~93 m²
+20 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Rent Range

£925 - £1,950

Rent Estimate

£1,100

Running Costs/mo

£2,115

Cashflow/mo

£-1,015

Cashflow/yr

£-12,180

Gross Yield

2%













Local Rents

12 rents from £925/mo to £1.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15003/240.35 miThe Street, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,25006/240.36 miChurch Hill, Saxlingham Nethergate, Norwich, Norfolk, NR152
£1,15006/241.14 miOlive Avenue, Newton Flotman, Norwich3
£1,20008/241.17 miAlan Avenue, NR153
£1,20008/241.18 miAlan Avenue, Newton Flotman, NR153
£1,10007/241.27 miHawes Green2
£1,10006/241.69 miShotesham3
£95003/241.76 miMalthouse, Norwich Road, Swainsthorpe, Norwich, NR142
£1,95008/242.1 miFritton4
£1,20002/252.14 mi-3
£1,37507/242.39 miMinnow Way, Mulbarton, Norwich, Norfolk, NR143
£92504/252.48 mi-2

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

7.54 miles away

Nearest school

0.40 miles away

Nearest train station

6.71 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £595,000

January 27, 2025

Listed for £600,000

August 30, 2024

Floor Plans

Description

  • Guide Price £600,000 - £625,000 +
  • Detached bungalow occupying a rural plot of approx. 0.5 acres, offered chain free! +
  • Renovated to a high standard, creating approx. 1,755 sq/ft. of modern accommodation +
  • 3 double bedrooms including 2 benefitting from an en-suite +
  • High-specification kitchen/diner with island, induction hob and integrated appliances +
  • 22’3 L-shaped dual aspect lounge with bay window to the front +
  • Family shower room plus 2 en-suites +
  • Garage and off-road parking for multiple vehicles, plus workshop with power +
  • Detached suite of former stables with conversion potential (STPP) +
  • Beautiful, mature gardens to front and rear with fields beyond the rear boundary +

SUMMARY This exceptional detached bungalow, nestled on an approx. 0.5 acre plot in the desirable village of Saxlingham Nethergate, offers the perfect blend of modern luxury and timeless character. Boasting No Onward Chain, uninterrupted field views to the rear, and the added advantage of a detached suite of former stables with conversion potential (STPP), this beautifully renovated home features a spacious conservatory, dual aspect lounge and a high-spec kitchen. With extensive upgrades throughout, including a new heating system and electrics, this property is ready for immediate occupancy - call now to view! 

OUTSIDE At the top of the gently sloping shingled driveway, which offers space for multiple vehicles, the garden unfolds on the right with a sweeping lawn bordered by established shrubs and mature trees. To the left, the double garage offers twin up and over doors and an adjoining workshop with light and power. A wrought iron gate leads from the garage to a secluded courtyard, perfect for relaxing. From the courtyard, steps provide access to a suite of brick and block-built former stables with conversion potential (STPP), along with two glasshouses - one a charming wooden period structure, the other a modern metal version. The split-level cottage-style rear garden includes a patio accessible from the conservatory, with steps leading up to a shaped lawn bordered by vibrant shrubs. A quaint summerhouse in one corner adds to the charm, with open fields beyond creating a peaceful, scenic backdrop.  

UPDATES This property has been fully renovated, offering a stylish and modern living space. The updates include a brand-new kitchen with an island, induction hob, extractor fan and integrated dishwasher. The bathrooms have been completely updated and the entire home has been redecorated with new wooden flooring and fresh carpeting. The walls have been re-plastered and new internal doors installed. An upgraded heating system, featuring new radiators, boiler and pipes, is managed from the garage, which also houses a new hot water tank. The electrics have been thoroughly tested and upgraded, with new and additional sockets throughout. 

AGENTS NOTE Please be advised the external photos are from a previous listing. Please be advised a small part of the property is of Timber-framed construction. If you are buying with a mortgage, please seek clarification from your lender that the property meets their criteria before booking a viewing. 

DIRECTIONS Head south from Norwich via Ipswich Road, A140 and turn left onto Cargate Lane opposite Duffields grain mills, heading towards Saxlingham Nethergate. The property is one of the first properties on the left-hand side as you enter the village, shortly after the turning for New Road. 

LOCAL AUTHORITY South Norfolk 

COUNCIL TAX BAND TBC 

We offer a professional, ARLA accredited Lettings and Management Service via our affiliated agency, Habi Lettings. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free, no obligation review of your current portfolio then please contact the office to discuss this further. 

DISCLAIMER While we have made diligent efforts to ensure the accuracy of the information relating to each property at the point of listing, you are advised to consult the official local council website for details on conservation areas, flood risks, tree preservation orders, planning applications, and other relevant aspects. These details are for guidance purposes only and we do not seek advice from the seller's legal representative in their preparation. We also strongly advise that you inspect the property and surrounding area on Google Maps and Street View prior to viewing. The photographs do not infer that items shown are included in the sale, the measurements quoted are approximate and the fixtures, fittings and appliances have not been tested, therefore no guarantee can be given that they are in working order. If there is any point which is of particular importance to you then please obtain professional confirmation of it. 

Should you wish to view one of our properties, we will require certain pieces of personal information from you in order to provide a professional service to you and our client, the seller. The personal information you provide to us will be shared with the seller, but it will not be shared with any other third parties without your consent.

Should you wish to proceed and make an offer on a property, some of the personal information you provide to us will be passed to the seller. Again, it will not be shared with any other third parties without your consent.

More information on how we hold and process your data is available upon request or on our website.

Agent Details

Hammond & Stratford, Norwich

01603 361699

Next Steps?

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