Worst House on the Street Logo
Victoria Road, Taverham NR8 - Image 1
Victoria Road, Taverham NR8 - Image 2
Victoria Road, Taverham NR8 - Image 3
Victoria Road, Taverham NR8 - Image 4
Victoria Road, Taverham NR8 - Image 5

Victoria Road, Taverham NR8

East of England

£375,000
Listed on 15/03/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1625 sqft

Description

This four-bedroom detached home presents a significant opportunity for renovation and investment. Conveniently located in the center of Taverham, it lies within easy reach of local amenities and community facilities, making it an appealing choice for families and investors alike. The property's layout offers flexible living options, with two double bedrooms positioned on the ground floor alongside a family bathroom. Upstairs, you'll find two additional double bedrooms that include wash basins, providing extra convenience for family living or guest accommodation. The surprisingly spacious interior benefits from multiple double-aspect windows, enhancing natural light throughout the rooms. Key features include solar panels installed on the roof for both hot water and electricity generation, as well as heat exchangers and air conditioning units in select areas. These enhancements can lead to reduced utility costs and potentially increased property value after renovations. The ground floor comprises an entrance hall with solid wood flooring and built-in storage, a sitting room equipped with an air conditioning unit, a separate dining room with built-in shelving, and a conservatory that opens to the rear garden. The kitchen/breakfast room is fitted with various wall and base units, tiled splashbacks, and offers access to the outdoor space—ideal for those who enjoy gardening or outdoor dining. The upper level contains two further bedrooms along with a separate W.C., providing ample space for family or potential rental income. The garage features an electric roller door for ease of access and includes power and lighting—an added advantage for DIY projects or storage needs. Outside, the rear garden is predominantly laid to lawn with established plants, shrubs, and trees offering privacy. It also includes a storage shed along with convenient side access to the front of the property. The front garden enhances curb appeal while the brick-weave carriage driveway provides ample off-street parking. With no onward chain complicating the sale process, this property stands ready for buyers looking to make their mark both through renovations tailored to personal taste as well as leveraging its location for future investment potential.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£231/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£545,009
10% above area average per sq ft
Potential ROI
+31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +4.6% over the last 12 months
3 year growth: 1.2%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on NR8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Victoria Road, Taverham NR8
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE