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Watling Road, Sprowston

East of England

£220,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
892 sqft

Description

This three-bedroom residence in the desirable area of Sprowston presents an excellent opportunity for those keen on transforming a property into their ideal living space. Featuring a spacious interior layout, the home includes a generously sized sitting room filled with natural light and an expansive kitchen diner equipped with ample storage solutions, perfect for modern family life. The upper level hosts three well-sized bedrooms alongside a separate WC and a two-piece bathroom, ensuring convenience for daily routines. The outdoor area boasts a substantial garden that requires minimal upkeep, making it suitable for relaxation or play without excessive maintenance demands. Additionally, off-road parking accommodates multiple vehicles, enhancing practicality for families or visitors. Nestled within a friendly community known for its excellent local amenities and access to Norwich City Centre just two miles away, this property offers promise in both lifestyle and investment potential. While some modernization is necessary to bring it up to contemporary standards, this home stands as an inviting blank canvas ready for personal touches in a sought-after location.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£247/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£305,546
10% above area average per sq ft
Potential ROI
+24.7%
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
51%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +16.5%
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

Watling Road, Sprowston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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