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Rackham Road, Norwich

East of England

£120,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom Victorian end terrace presents an excellent refurbishment opportunity in a desirable NR3 location. While the property requires modernisation, its traditional layout boasts distinct lounge and dining areas, as well as a convenient downstairs shower room. With a manageable enclosed rear garden that offers potential for outdoor enhancements, it serves as a blank canvas for new owners to create their ideal living space. Ideal for investors or first-time buyers looking to put their personal touch on a property, this home benefits from being chain-free and is within walking distance of local amenities including pubs, cafés, and the vibrant city centre.

Investment Analysis

(NR3 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.9%

Renovation Potential

Medium 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
18%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -4.8%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on NR3 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

Rackham 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
£425
Based on a loan of £90,000 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

Price History

-20.0% since listed
£120,000£20,000(-14.3%)
21/04/2026
Current price
£140,000£10,000(-6.7%)
07/11/2025
£150,000Initial listing
14/07/2025

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