# 2 bedroom detached bungalow for sale (NR14 7RE) ## Property Details | Key | Value | |-----|-------| | Address | 55A, THE STREET, NORWICH, PORINGLAND, NORFOLK NR14 7RE | | Price | £400,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | D | | Construction age | England and Wales: 1967-1975 | | Floor area | 90 m² | | Last sold | £412,500 Sep 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 17/09/2030 - **Current heating cost:** £883/year ### Recommendations - W2 (6,000) - G (450) - I (3,000) - N (6,000) - U (5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8807-0187-0222-3997-6103) ## Description IN SUMMARY Guide Price £400,000-£425,000. NO CHAIN. This UNIQUE DETACHED BUNGALOW has recently been REFURBISHED and MODERNISED, enhancing its BRIGHT and WELCOMING FEEL. Occupying a PLOT of approximately 0.25 ACES (stms), the property is SET BACK FROM THE ROAD, with a garage, SOUTH FACING courtyard garden and MAIN LAWNED GARDEN. Huge potential exists for those seeking FLEXIBLE PARKING, and opportunities to EXTEND (stp). Once inside, the hall entrance offers STORAGE, with NEWLY FITTED INTERNAL DOORS leading to the 17' sitting room with OPEN FIRE, conservatory with a NEW WARM ROOF, dining room, NEWLY FITTED KITCHEN with NEFF APPLIANCES, inner hall with FURTHER STORAGE, cloakroom, TWO DOUBLE BEDROOMS and NEWLY FITTED SHOWER ROOM with attractive AQUA BOARD SPLASH BACKS. The COURTYARD leads from the inner hall, and OFFERS SCOPE to FURTHER DEVELOP, or use the SOUTH FACING PRIVATE ASPECT. The garage adjoins the courtyard, with a new ELECTRIC ROLLER DOOR. SETTING THE SCENE The property is approached via a substantial shingled driveway, with adjacent lawned gardens and ample space for parking and turning. Access leads to the main property and adjoining garage, with gated access leading to the rear garden. FIND US Postcode : NR14 7RE What3Words : ///footballers.flasks.accordion VIRTUAL TOUR View our virtual tour for a full 360 degree of the interior of the property. EPC Rating: D ## Property Photos - ![Photo](/listings/photos/155862293/579598) - ![Photo](/listings/photos/155862293/579602) - ![Photo](/listings/photos/155862293/579606) - ![Photo](/listings/photos/155862293/579609) - ![Photo](/listings/photos/155862293/579614) - ![Photo](/listings/photos/155862293/579617) - ![Photo](/listings/photos/155862293/579622) - ![Photo](/listings/photos/155862293/579626) - ![Photo](/listings/photos/155862293/579632) - ![Photo](/listings/photos/155862293/579640) - ![Photo](/listings/photos/155862293/579649) - ![Photo](/listings/photos/155862293/579651) - ![Photo](/listings/photos/155862293/579656) - ![Photo](/listings/photos/155862293/579661) ## Floorplans - ![Floorplan 1](/listings/photos/155862293/579671) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 55A THE STREET, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RE | £412,500 | 20/09/2023 | Detached | | 55A THE STREET, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RE | £310,000 | 25/11/2020 | Detached | | 55A THE STREET, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RE | £66,500 | 29/03/1996 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 1 SPRUCE CRESCENT, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7UA | £275,000 | 12/12/2025 | Detached | | 2 SPRINGFIELDS, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RG | £315,000 | 05/12/2025 | Detached | | 4 NELSON CLOSE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7WJ | £400,000 | 05/12/2025 | Detached | | 26 THE STREET, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7JT | £585,000 | 01/12/2025 | Detached | | 3 ST MARYS ROAD, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7SR | £310,000 | 03/11/2025 | Detached | | 61 CAWSTONS MEADOW, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7SX | £210,000 | 31/07/2025 | Detached | | 17 BLACKTHORN WAY, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7WD | £335,000 | 24/06/2025 | Detached | | 6 ELIZABETH ROAD, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RH | £265,000 | 13/11/2023 | Detached | | 7 CROMES OAK CLOSE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7JY | £430,000 | 10/11/2023 | Detached | | 47 ST MARYS ROAD, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7SR | £337,500 | 20/10/2023 | Detached | | 8 THE FOOTPATH, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RF | £307,500 | 13/06/2023 | Detached | | 60 ST MARYS ROAD, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7SS | £270,000 | 09/06/2023 | Detached | | 47 ST MARYS ROAD, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7SR | £245,000 | 12/05/2023 | Detached | | 5 SUNNYSIDE AVENUE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RD | £200,000 | 28/04/2023 | Detached | | 94 PLEASANTS AVENUE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7FH | £530,000 | 24/03/2023 | Detached | | [Same street] THE WRECKIN, 71 THE STREET, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7RE | £205,000 | 03/03/2023 | Semi-detached | | 8 CROMES OAK CLOSE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7JY | £405,000 | 19/12/2022 | Detached | | 90 PLEASANTS AVENUE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7FH | £425,000 | 16/12/2022 | Detached | | 52 CAWSTONS MEADOW, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7SX | £274,000 | 16/12/2022 | Detached | | 100 PLEASANTS AVENUE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7FH | £450,000 | 16/12/2022 | Detached | | 92 PLEASANTS AVENUE, PORINGLAND, NORWICH, SOUTH NORFOLK, NORFOLK, NR14 7FH | £550,000 | 09/12/2022 | Detached | **Street average:** £205,000 (1 sale) **Area average:** £355,950 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £429,082 (49 Detached, NR14, 2024–2026) - **Deviation:** -6.8% ## Rental Range *ONS Price Index of Private Rents (South Norfolk). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £876/mo - **Realistic:** £973/mo - **Optimistic:** £1,070/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Central Norfolk & Norwich (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £693/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Bungalow, Cawstons Meadow, NR14 | £935/mo | 2 | 0.12 miles | OpenRent | | 2 Bed Flat, Glenn Road, NR14 | £900/mo | 2 | 0.63 miles | OpenRent | **Average rent: £918/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.23% (weak for cashflow) - **Max investor price (0.8%):** £114,750 - **Target investor price (1%):** £91,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £918/mo).* - **Gross yield:** 2.8% - **Cost-to-rent:** 36.3× - **Monthly cashflow:** £-774/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,444/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 8.5% - **10y growth:** 52.1% ## House Price Index (HM Land Registry) *Official index for South Norfolk; Detached series; as of March 2026.* - **1y growth (index):** 0.3% - **5y growth (index):** 14.4% - **10y growth (index):** 39.1% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)