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Portersfield Road, Norwich

East of England

£160,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Terraced House

Description

This three-bedroom Victorian mid-terrace house, with its charming bay front, presents a compelling opportunity for those looking to invest in a complete renovation project. Situated in a desirable area of Norwich, the property is currently in need of extensive refurbishment, offering the chance to modernize and reconfigure the layout to suit contemporary living standards. The versatile 'over-the-passage' design enhances the space available on the first floor, making it particularly attractive once updated. Internally, the accommodation consists of a bay-windowed lounge with an open fire, a separate dining room, and a kitchen that leads to a rear garden and bathroom. Upstairs, three bedrooms provide ample sleeping quarters. Externally, the property includes a bisected garden and offers on-street permit parking options. Its proximity to local amenities, transport links, and the University of East Anglia adds further appeal for both residential buyers and investors focusing on rental opportunities. Post-renovation, this home is expected to yield strong returns in both resale value and rental demand.

Investment Analysis

(NR2 area)
Area Average
£322/sq ft
Avg Rent (weekly)
£327
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +7.7%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on NR2 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

Portersfield Road, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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