2 Bed Semi-Detached House, Single Let, Norwich, NR15 2JQ, £215,000

Tharston, Norwich, NR15 2JQ - 2 months ago

BTL
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£148.5K - £300K
Sold Prices/m²£2.3K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£226,199
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£675 - £2,000

Rent Estimate

£688

Running Costs/mo

£829

Cashflow/mo

£-141

Cashflow/yr

£-1,698

Gross Yield

4%

Local Sold Prices

49 sold prices from £148.5K to £300K, average is £195K. £2.3K/m² to £4.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£170K11/210.01 mi3, St Nicholas Close, Long Stratton, Norwich, Norfolk NR15 2JQ2
£189K07/230.01 mi15, St Nicholas Close, Long Stratton, Norwich, Norfolk NR15 2JQ2
£179K05/210.05 mi2, Merryweather Close, Long Stratton, Norwich, Norfolk NR15 2YZ2
£186.5K02/240.1 mi59, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£186.5K02/240.1 mi59, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£187K12/230.1 mi56, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£180K11/210.1 mi67, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£195K11/220.12 mi69, Suffield Close, Long Stratton, Norwich, Norfolk NR15 2JL2
£182.5K09/230.16 mi5, John Hill Close, Long Stratton, Norwich, Norfolk NR15 2PT2
£190K11/220.18 mi12, St Leger, Long Stratton, Norwich, Norfolk NR15 2SY2
£210K11/220.18 mi18, St Leger, Long Stratton, Norwich, Norfolk NR15 2SY2
£210.9K02/230.2 mi13, Sweet Briar Road, Long Stratton, Norwich, Norfolk NR15 2PU2
£195K04/220.23 mi10, Spinney Close, Long Stratton, Norwich, Norfolk NR15 2SX2
£215K03/220.35 mi45, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£235K03/230.35 mi37, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£212K10/220.35 mi1b, Francis Road, Long Stratton, Norwich, Norfolk NR15 2XT2
£205K05/230.36 mi4, Snape Hall Road, Long Stratton, Norwich, Norfolk NR15 2XX2
£177.5K05/210.37 mi17, Glebe Close, Long Stratton, Norwich, Norfolk NR15 2TZ2
£249K04/230.4 mi30, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR2
£227K08/230.4 mi12, Manor Park Gardens, Long Stratton, Norwich, Norfolk NR15 2TR2
£188K06/210.41 mi2, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£194.6K10/200.41 mi12, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£240K09/230.41 mi40, St Marys Road, Long Stratton, Norwich, Norfolk NR15 2TT2
£170K09/230.44 mi40, Swan Lane, Long Stratton, Norwich, Norfolk NR15 2XN2
£185K12/220.44 mi4, St Davids Close, Long Stratton, Norwich, Norfolk NR15 2PP2
£208K11/200.45 mi20, Rectory Close, Long Stratton, Norwich, Norfolk NR15 2TU2
£205K12/210.46 mi10, St Davids Close, Long Stratton, Norwich, Norfolk NR15 2PP2
£210K06/210.46 mi16, Owens Close, Long Stratton, Norwich, Norfolk NR15 2TX2
£200K09/210.51 mi93, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£166K10/220.51 mi100, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£227K10/220.51 mi67, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£220K09/230.51 mi94, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£190K05/210.51 mi75, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£182K03/210.51 mi90, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£170K04/210.51 mi88, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£148.5K02/210.51 mi148, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£196K06/210.53 mi106, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PJ2
£160K05/240.55 miCherry Tree Cottage, The Street, Long Stratton, Norwich, Norfolk NR15 2AH2
£205K08/230.62 mi5, Beech Court, Long Stratton, Norwich, Norfolk NR15 2WY2
£233.5K11/220.63 miLynn Cottage, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF2
£250K10/220.64 mi41, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£175K02/210.64 mi4, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£210K05/230.64 mi9, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£215K01/240.64 mi22, St Michaels Road, Long Stratton, Norwich, Norfolk NR15 2PH2
£300K08/230.64 mi4, Ipswich Road, Long Stratton, Norwich, Norfolk NR15 2TF2
£185K02/210.68 mi60, Hill Farm Road, Long Stratton, Norwich, Norfolk NR15 2WA2
£185K02/210.68 mi60, Hill Farm Road, Long Stratton, Norwich, Norfolk NR15 2WA2
£190K02/210.74 mi5, Poplar Close, Long Stratton, Norwich, Norfolk NR15 2WX2
£220K08/230.74 mi18, Poplar Close, Long Stratton, Norwich, Norfolk NR15 2WX2

Local Rents

21 rents from £675/mo to £2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£1,15007/240.05 miJermyn Way, Tharston3
£97510/230.06 mi-3
£1,25006/240.08 miJermyn Way3
£89507/240.4 miManor Park Gardens, Long Stratton, NR152
£67503/240.47 miThe Street, NR151
£89508/240.51 miSt. Michaels Road, NR152
£80008/240.51 miSt Michaels Road, Long Stratton, NR152
£86507/240.53 mi-2
£86507/240.53 miThe Street, Long Stratton, Norwich, NR152
£72503/240.54 miThe Street, NR151
£70008/240.55 miThe Street, NR152
£85001/250.59 mi-2
£97506/240.64 miNorwich Road, NR153
£69512/240.69 mi-1
£1,55008/240.74 miChurchfields Road4
£69506/240.74 miChurchfields Road,Long Stratton,NR151
£1,65006/240.75 miHolmes Close4
£1,65008/240.75 miHolmes Close4
£2,00006/241.29 miWood Green, NR155
£1,50006/242.16 miShelton Spot, Shelton, Norwich, Norfolk, NR154
£1,15003/252.48 mi-3

Local Area Statistics

Population in NR15

15,806

Population in Norwich

366,887

Town centre distance

10.88 miles away

Nearest school

0.20 miles away

Nearest train station

6.62 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £215,000

January 21, 2025

Floor Plans

Description

  • No Onward Chain +
  • Peaceful Cul-De-Sac Location +
  • Close To Local Amenities +
  • Two Bedrooms +
  • Oil Central Heating +
  • Double Glazing +
  • Off Road Parking For Three Vehicles +
  • A Well Established 36` Rear Garden (stms) +
  • Excellent Access To The A140 +

This two bedroom semi detached house is situated in a peaceful cul-de-sac location, offering a perfect retreat while remaining well connected. The accommodation includes an entrance hall, a comfortable lounge, and a kitchen/diner, with two bedrooms and a bathroom located off the first floor landing. The property benefits from oil central heating and double glazing, ensuring year round comfort and energy efficiency. Outside, the front garden is laid to lawn, and a driveway provides off road parking for up to three vehicles. To the rear, a well established 36` (stms) garden offers ample outdoor space, complete with a timber garden shed for storage. This property, offered with No Onward Chain, is an excellent opportunity for First Time Buyers or those looking for a peaceful and practical home.

Nicholas Close is located on the outskirts of Tharston nestled in the heart of the Norfolk countryside. This peaceful setting offers a blend of tranquility and convenience. The village is surrounded by scenic landscapes, ideal for countryside walks and outdoor activities, while still being just a short drive from the bustling market town of Long Stratton, where you will find local shops, restaurants, and amenities. The nearby City of Norwich, known for its vibrant culture, historic architecture, and shopping, is easily accessible, making Tharston an appealing choice for those seeking a quiet village lifestyle without sacrificing connectivity.

Entrance door to:-

Entrance Hall
Double glazed window to the side, staircase to the first floor, door to:-

Lounge - 13'1" (3.99m) x 9'8" (2.95m)
Double glazed window to the front, understairs storage cupboard housing the oil fired boiler, door to:-

Kitchen/Diner - 12'10" (3.91m) x 8'5" (2.57m)
Double glazed window to the rear, double glazed door to the rear garden, fitted with a range of base and wall units, work surfaces, single sink and drainer with mixer taps over, tiled splashbacks, inset four ring electric hob with extractor hood over, electric oven and grill, space for a washing machine and fridge/freezer.

First Floor Landing
Double glazed window to the side, loft hatch, airing cupboard.

Bedroom 1 - 12'9" (3.89m) Max x 10'5" (3.18m)
Two double glazed windows to the front, over stairs storage cupboard.

Bedroom 2 - 10'10" (3.3m) x 6'6" (1.98m)
Double glazed window to the rear.

Bathroom
Double glazed window to the rear, bath with electric shower over and glazed shower screen, low level WC. wash basin, tiled splashbacks, extractor fan, shaver socket.

Outside
To the front there is a lawned garden with shrub and flower borders, a shingle driveway provides off road parking up to 3 cars, timber gate leading to the rear. There is a good size well established rear garden extending to 36` (stms) with a patio area leading to the lawn with shrub and flower borders and a timber garden shed, all enclosed by timber fencing.

what3words /// gather.leathers.sweat

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Agent Details

Pymm & Co, Norwich

01603 361642

Next Steps?

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