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Stacy Road, Norwich NR3 - Image 1
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Stacy Road, Norwich NR3

East of England

£165,000

Listed on 21/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced House
Area
667 sqft

Features

  • Garden

Description

Offered with no onward chain, this three-bedroom Victorian mid-terrace in Norwich’s NR3 area has a lounge with original coving and ceiling rose, a separate dining room with understairs storage, and a kitchen with space for appliances. A rear lobby provides access to the garden and a storage cupboard, while a ground-floor wet room completes the layout. Upstairs are two double bedrooms and a smaller third bedroom, which contains the wall-mounted gas boiler. The property has double glazing and gas central heating, along with enclosed front and rear gardens and access to a rear passageway. The listing describes the house as needing updating and modernisation, offering scope to refresh the existing accommodation. Local shops, cafés, pubs, schools, green spaces, bus routes and Norwich city centre are within reach. The agent notes that the property was underpinned in 2019.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

52out of 100
Grade DWeak opportunity

Confidence: MEDIUM

At £165,000, this three-bedroom Victorian terrace is priced below the local average at £247/sq ft versus £285, giving project buyers a relatively cheap entry point. The separate lounge and dining room, original coving and ceiling rose, and enclosed gardens give it character and useful scope for a medium-scale update. The kitchen is visibly tired, while marked finishes, worn flooring and an overgrown rear garden offer clear areas to improve.

The main caution is the economics: once purchase and works are considered, the numbers look tight against local benchmarks, so the below-average asking price does not automatically translate into a strong overall opportunity. The listing also reports underpinning in 2019, which merits careful review alongside the visible discolouration in the wet room area.

Key opportunities

  • Acquire below the local average £/sq ft, with separate lounge and dining room spaces to work with.
  • Refresh the worn kitchen, dated finishes and flooring to give the interior a more cohesive feel.
  • Clear and improve the enclosed rear garden, while retaining the planted front garden and original front-room details.

Key risks

  • The listing reports underpinning in 2019; review the relevant documentation and condition carefully.
  • All-in purchase and works costs look tight against local benchmarks, limiting the margin for unexpected work.

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Map

Location

Stacy Road, Norwich NR3
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Transport

Nearest stations

  • Norwich Rail Station

    1.0 miles

    Train · Norwich

  • Salhouse Rail Station

    4.8 miles

    Train · Salhouse

  • Brundall Gardens Rail Station

    5.3 miles

    Train · Brundall

  • Brundall Rail Station

    6.2 miles

    Train · Brundall

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-8.3% since listed
£165,000£15,000(-8.3%)
02/10/2026
Current price
£180,000Initial listing
30/09/2026

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