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Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 1
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 2
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 3
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 4
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 5
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 6
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 7
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 8
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 9
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 10
Neville Road, Sprowston, Norwich, Norfolk, NR7 - Image 11

Neville Road, Sprowston, Norwich, Norfolk, NR7

East of England

£200,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
820 sqft

Description

Nestled in the desirable suburb of Sprowston, this three-bedroom mid-terrace house offers a promising opportunity for those looking to make their mark through renovation. The property features a spacious layout, with an entrance porch leading directly into a cozy lounge area. Adjacent to the lounge is a separate kitchen and dining space, along with a bathroom conveniently positioned at the rear of the hallway. Upstairs, you'll find three well-proportioned bedrooms that provide ample room for customization. While the interiors could benefit from modern updates, the solid structure serves as an excellent foundation for buyers ready to take on a refurbishment project. This home presents itself as an ideal choice for first-time buyers or investors seeking to increase its value through thoughtful improvements. The outdoor space is another highlight, showcasing a generous and established rear garden that invites creativity—perfect for gardening enthusiasts or potential extensions (subject to planning permission). Strategically situated, this property enjoys convenient access to local schools, various shops, and excellent transport links into Norwich city centre. With its combination of location and renovation potential, this house represents not just a home but a worthwhile investment in a sought-after area.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£244/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£283,138
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -1.0%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on NR7 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

Neville Road, Sprowston, Norwich, Norfolk, NR7
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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
£733
Based on a loan of £150,000 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