About This Property

Discover what makes this home special

The Greenwood is a spacious detached family home located in the thriving Norwich suburb, offering a perfect balance of modern living and community convenience. Boasting four well-proportioned bedrooms including a master with en-suite, and three bathrooms in total, this property is ideal for growing families or those needing extra space. The ground floor features a bright living room, separate dining area opening to the rear garden, a fitted kitchen with an adjoining utility room, and a convenient downstairs WC. The rear garden faces south-west, ensuring ample afternoon and evening sunlight, perfect for outdoor entertaining or relaxing.

Situated within the Festival Park development, Plot 585 benefits from a peaceful setting with nearby green spaces and allotments, while still being well connected to Norwich city centre. The local area offers excellent schools, shopping facilities, and transport links, making The Greenwood a highly desirable home for both owner-occupiers and investors. With a competitive price point of £380,000, this property represents great value in an expanding neighbourhood with promising future growth prospects.

Property Features

This detached home impresses with its four bedrooms, including a master with en-suite bathroom, providing comfort and privacy. The three bathrooms include a family bathroom and a convenient downstairs WC. The kitchen is well-equipped and flows into a dining room with direct access to the south-west facing garden, which enjoys good sunlight in the afternoons and evenings. Additional practical features include a utility room and garage with parking space. The living room is spacious and benefits from natural light throughout the day. Overall, the home combines functional family living with modern comforts.

DetachedFour BedroomsThree BathroomsEn-suiteSouth-West Facing GardenUtility Room+6

Local Amenities

The Greenwood is well positioned to take advantage of a wide range of local amenities. Norwich city centre is just a short drive away, offering extensive shopping, dining, and cultural attractions. The Norwich Train Station provides excellent rail connections to London and other major cities, while Norwich International Airport offers domestic and European flights. Families benefit from several reputable local schools including Earlham Primary School and Heartsease Primary Academy. For leisure, Eaton Park and Riverside Leisure Centre provide ample outdoor and indoor activities. Nearby Heartsease Retail Park ensures convenient access to everyday essentials and services.

Norwich City CentreNorwich Train StationNorwich International AirportUniversity of East AngliaEarlham Primary SchoolNorwich Primary Academy+5
Norwich Railway Station Train Station (3.5 miles, 12 mins drive) • N/A (property is in Norwich) to Norwich

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£380,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£380,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£380,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.6%
Based on £1,773/mo rent
Area Price Growth
+2.0%
Average annual increase
5-Year Value Forecast
£418,729
+£38,729 projected gain
5-Year Rent Forecast
£2,136/mo
Based on 3.8% annual growth
Price per Sq Ft£271
Annual Rent Income£21,276
10-Year ROI224%
Break-Even Point17 yrs

Property Value Projection

Based on 2.0% annual growth
£418,729
5yr
£461,405
10yr
£508,430
15yr
£560,248
20yr
£617,347
25yr
Current: £380,000

Monthly Rental Income

Based on 3.8% annual growth
£2,136
5yr
£2,574
10yr
£3,102
15yr
£3,738
20yr
£4,504
25yr
Current: £1,773/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Liverpool Street
1h 50m
2h 15m
Norwich Airport
N/A
15 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-West-Facing Excellent
8h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Good
Evening Good
Dining Room
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen
Morning Low
Afternoon Good
Evening Low
Bedroom 2 (Master)
Morning Good
Afternoon Good
Evening Moderate
Bedroom 3
Morning Good
Afternoon Moderate
Evening Low
Bedroom 4
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
50
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential/Commercial+Positive Impact
Festival Park Expansion
On-siteEst. 2025
* Information based on local planning applications and may be subject to change

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£380,000
AvailableNB0000043496
View Location Analytics

The Greenwood

Norwich, Norwich NR9 5EG
Festival Park
4
Bedrooms
3
Bathrooms
1,400
Est. Sq ft
detached
Type
Available Plot Numbers
585
1 plot(s) available
Ownershipfreehold

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£380,000The Greenwood

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The Greenwood
The GreenwoodNorwich£380,000

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