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Gertrude Road, Norwich - Image 1
Gertrude Road, Norwich - Image 2
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Gertrude Road, Norwich - Image 5

Gertrude Road, Norwich

East of England

£200,000
Listed on 25/06/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
764 sqft

Description

This two-bedroom semi-detached home is located just a short distance from the vibrant Norwich City Centre, making it an appealing choice for those seeking both convenience and potential. The property is currently in need of updating, providing a blank canvas for buyers to personalize and enhance according to their tastes and preferences. The interior features a spacious lounge equipped with built-in storage, perfect for creating a cozy living space. The kitchen/diner offers ample room for family gatherings and everyday meals, while an upstairs bathroom is conveniently situated to serve both bedrooms. Double glazing and gas central heating are notable additions that contribute to the property's overall comfort. A standout feature of this home is the generous rear garden. This outdoor space presents numerous possibilities—whether you envision landscaping for relaxation, setting up a play area, or exploring the option of future extensions (subject to planning permissions). Given its features and location, this property holds significant investment potential. It is well-suited for first-time buyers looking to make their mark or investors seeking a promising renovation project within a sought-after area. Early viewings are encouraged to fully appreciate the possibilities this home has to offer.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£262/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£231,698
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Monthly Sales
39
Average per month
Market Turnover
76%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 1.5%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on NR3 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

Gertrude Road, Norwich
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