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Waterloo Road, Norwich

East of England

£210,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house, located in the desirable NR3 area, presents a prime opportunity for those looking to invest or renovate. Just a short distance from Norwich city centre, the property benefits from convenient access to public transport and a variety of local amenities, making it a practical choice for urban living. The layout includes a spacious living area, a kitchen with potential for upgrades, three comfortable bedrooms, and a family bathroom. The outdoor space features a private rear garden, allowing for personal landscaping or leisure activities. Additionally, the property offers the rare advantage of an off-road parking space—a valuable asset in this sought-after location. While the home requires some modernization, it holds significant potential for renovation that can enhance both its functionality and market value. This property is particularly appealing to investors and first-time buyers who are eager to customize their living space in an emerging neighborhood. It invites creativity and vision, making it an exciting prospect for anyone looking to make their mark on an established yet evolving community. Schedule a viewing to explore the possibilities this home has to offer.

Investment Analysis

(NR3 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£21,000 - £52,500
10-25% of property value
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

Waterloo Road, Norwich
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