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Norwich Road, Norwich NR10 - Image 1
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Norwich Road, Norwich NR10

East of England

£175,000
Listed on 22/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
548 sqft

Description

This two-bedroom semi-detached bungalow in the tranquil village of Cawston presents a unique opportunity for those looking to invest or undertake a renovation project. Although the property is in need of modernisation throughout, its vacant possession and lack of onward chain make it an attractive prospect for developers and first-time buyers alike. The bungalow sits on a generous plot, featuring expansive front and rear gardens that offer ample scope for landscaping or even potential extensions, subject to planning permissions. Conveniently located near local amenities and transport links, this property not only promises the chance to create a comfortable home but also represents a valuable investment in a sought-after North Norfolk location.

Investment Analysis

(NR10 area)

Above Market Value

This property is priced +6.9% above area average per sq ft

+6.9%
This Property
£319/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£180,026
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR10)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.2%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on NR10 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.

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Location

Norwich Road, Norwich NR10
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