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Norgate Way, Taverham, Norwich - Image 1
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Norgate Way, Taverham, Norwich

East of England

£240,000
Listed on 20/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
820 sqft

Description

This property, situated at the end of a peaceful cul-de-sac, offers a compelling opportunity for those looking to undertake a renovation project. Currently presenting as a blank canvas, it features an inviting hallway with a convenient two-piece WC and stairs leading to the first floor. The kitchen is fully equipped with integrated appliances and provides ample storage space, while the open sitting and dining room is designed around an attractive feature fireplace. This area leads into a conservatory that enhances natural light and connects seamlessly to the garden via sliding French doors. The ground floor also includes a flexible study room that could easily serve as a fourth bedroom. Upstairs, you will find three generously sized bedrooms accompanied by a family shower room, providing plenty of potential for personalisation and enhancement. Outside, the private garden benefits from a tree-lined rear aspect, perfect for entertaining or relaxing outdoors. Additionally, allocated parking and an en-bloc garage offer practicality for vehicle storage. With some thoughtful updates and improvements, this home could truly shine.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£293/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
£275,020
10% above area average per sq ft
Potential ROI
-1.8%
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

Norgate Way, Taverham, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 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.

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