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Churchill Road, Norwich

East of England

£190,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace home is located in the desirable NR3 area of Norwich, presenting an excellent opportunity for renovation and investment. While the property requires modernisation, its solid structure and layout provide a blank canvas for potential buyers to create a personalized living space or enhance its appeal for rental purposes. The ground floor features a lounge and dining room, both of which offer natural light through double-glazed windows, along with a compact kitchen equipped with fitted wall and base units. Adjacent to the kitchen, you’ll find a bathroom that includes essential amenities. Upstairs, the first floor hosts two generously sized bedrooms with the third bedroom accessible via the second, allowing for flexible usage based on your needs. Outside, the property boasts a low-maintenance front garden and a non-bisected rear garden that provides valuable outdoor space. Additionally, there’s brick-built storage in the back garden along with rear gate access, enhancing practicality. Situated within walking distance to Norwich City Centre and close to various local amenities—including schools, shops, pubs, restaurants, and supermarkets—this location offers convenience for everyday living. Commuters will appreciate easy access to Norwich train station and major road links like the Norwich Ring Road. With its potential for renovation combined with an appealing locale, this property represents a promising investment opportunity for first-time buyers or landlords looking to expand their portfolios.

Investment Analysis

(NR3 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£253
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -1.7%
5 year growth: 16.1%
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

Churchill Road, Norwich
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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
£696
Based on a loan of £142,500 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