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Muriel Road, Norwich

East of England

£250,000
Listed on 21/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
763 sqft

Description

This end-terrace home, located in the sought-after Mount Pleasant area of Norwich, presents an excellent opportunity for renovators or investors. Boasting three bedrooms and two reception rooms, this property includes a ground-floor bathroom and a kitchen that is primed for a makeover—an ideal blank canvas for those looking to infuse their personal style and increase the property's value. The space is ready for modernization and maintenance, allowing potential buyers to tailor it to their preferences and elevate its appeal. The enclosed garden at the rear features a timber shed, providing additional storage options or space for gardening tools. On-road parking is available in the vicinity, enhancing the convenience of this home. Nestled just west of Norwich city centre in the NR2 postcode area, this location is characterized by a unique blend of historic charm and modern amenities. The neighborhood encompasses parts of the Golden Triangle, known for its attractive tree-lined streets and vibrant community atmosphere. Residents have quick access to a variety of local shops, cafes, bars, and educational institutions. Public transport links are also within easy reach, making it an attractive spot for families, professionals, and students alike. With its generous layout and significant renovation potential, this property stands out as an enticing investment opportunity in a dynamic urban environment. Whether you're looking to make your mark on your first home or seeking a project with promising returns in one of Norwich's most desirable areas, this property is worthy of consideration.

Investment Analysis

(NR2 area)

Above Market Value

This property is priced +4.1% above area average per sq ft

+4.1%
This Property
£328/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£264,254
10% above area average per sq ft
Potential ROI
-15.4%
After renovation
Monthly Sales
37
Average per month
Market Turnover
79%
Properties sold annually

Local Market Trend (NR2)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 13.8%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on NR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Muriel Road, Norwich
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