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Aylsham Road - Norwich - Image 1
Aylsham Road - Norwich - Image 2
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Aylsham Road - Norwich - Image 4
Aylsham Road - Norwich - Image 5

Aylsham Road - Norwich

East of England

£235,000
Listed on 01/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
796 sqft

Description

Situated in the popular NR3 district of Norwich, this three-bedroom semi-detached property offers a promising prospect for those interested in investment or renovation. Currently tenanted under a corporate agreement, it generates a reliable monthly income of £1225. Upon entry, the home greets you with a spacious hallway leading to two sizable reception areas—one endowed with a bay window that enhances the natural light, while the other opens out to an expansive rear garden via French doors. The kitchen is adequately sized and presents opportunities for modern upgrades, complete with access to the garden. On the upper floor, you'll find three well-proportioned bedrooms that enjoy good amounts of light throughout the day. A family bathroom is conveniently located upstairs for easy access. Outside, the large rear garden not only provides ample space for outdoor activities but also holds potential for future landscaping or development opportunities. Additionally, there's room to create off-road parking pending local council permissions. This home represents an intriguing option for families or investors aiming to capitalize on its location and potential in a thriving Norwich environment.

Investment Analysis

(NR3 area)

Above Market Value

This property is priced +4.7% above area average per sq ft

+4.7%
This Property
£295/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£246,875
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -5.1%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on NR3 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

Aylsham Road - Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£848
Based on a loan of £176,250 over 30 years at 4.06% 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.

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