Worst House on the Street Logo
Gipsy Close, Norwich - Image 1
Gipsy Close, Norwich - Image 2
Gipsy Close, Norwich - Image 3
Gipsy Close, Norwich - Image 4
Gipsy Close, Norwich - Image 5
Gipsy Close, Norwich - Image 6
Gipsy Close, Norwich - Image 7
Gipsy Close, Norwich - Image 8
Gipsy Close, Norwich - Image 9
Gipsy Close, Norwich - Image 10
Gipsy Close, Norwich - Image 11

Gipsy Close, Norwich

East of England

£210,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This well-established terraced home offers an array of opportunities for renovation and investment, ideally situated in a desirable residential area. With three spacious bedrooms, the property is perfect for families or those looking to capitalize on the local rental market, particularly given its proximity to both the University of East Anglia and Norfolk and Norwich Hospital. Internally, the home features double glazing and gas-fired central heating, providing energy efficiency and comfort. The versatile layout includes a welcoming entrance hall that leads directly into both the lounge and kitchen. The lounge benefits from natural light streaming through front and rear double-glazed windows, while the adjacent kitchen comes equipped with a range of fitted units, ample workspace, and plumbing for modern appliances. The sizable rear lobby connects to a practical bathroom complete with essential fixtures. Upstairs, you will find three well-sized bedrooms, each with their own distinctive charm. A notable aspect of this property is the generous rear garden—a blank canvas that not only enhances outdoor living but also presents potential for future landscaping or extension possibilities (subject to planning permission). The front garden is low maintenance and could be transformed into off-road parking with appropriate permission. The absence of an onward chain facilitates a smooth buying process for prospective owners, making this property an appealing option for those looking to invest in a flourishing area. Whether you're seeking a family home or a solid buy-to-let opportunity, this property holds significant potential waiting to be unlocked.

Investment Analysis

(NR5 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£499
Avg Yield
9.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -5.7%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on NR5 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

Gipsy Close, Norwich
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE