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Cardiff Road, Norwich, Norfolk, NR2 - Image 1
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Cardiff Road, Norwich, Norfolk, NR2 - Image 5
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Cardiff Road, Norwich, Norfolk, NR2 - Image 7
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Cardiff Road, Norwich, Norfolk, NR2 - Image 9

Cardiff Road, Norwich, Norfolk, NR2

East of England

£175,000
Listed on 08/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
756 sqft

Description

This mid-terraced Victorian house presents a promising opportunity for renovation and investment in the sought-after Golden Triangle area. While it requires some updating and landscaping, its solid structure and appealing design offer the potential for significant value enhancement. The accommodation is spread over two levels, beginning with an entrance lobby that leads into a cozy sitting room featuring a bay window and a traditional fireplace. Adjacent to the sitting room is a dining room that benefits from natural light and includes an understairs cupboard for additional storage. The kitchen, located at the rear of the property, contains fitted wall and base units along with essential appliances, with access to a garden that currently needs attention but offers space for personal landscaping ideas. On the first floor, you'll find two well-proportioned bedrooms complemented by additional space that could serve as either a dressing room or a third bedroom. Each bedroom boasts its own unique features, such as built-in cupboards and radiators to ensure comfort throughout the seasons. The outdoor areas include a quaint courtyard at the front and a west-facing garden at the rear, both of which present opportunities for landscaping that could enhance curb appeal and outdoor enjoyment. Situated conveniently between Avenue Road and Earlham Road, this property benefits from proximity to local shops on Unthank Road and Earl

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£231/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£17,500 - £43,750
10-25% of property value
Target Value
£261,829
10% above area average per sq ft
Potential ROI
+19.7%
After renovation
Monthly Sales
37
Average per month
Market Turnover
79%
Properties sold annually

Local Market Trend (NR2)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 13.8%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on NR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Cardiff Road, Norwich, Norfolk, NR2
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