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Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 1
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Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 3
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 4
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 5
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 6
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 7
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 8
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 9
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 10
Russell Terrace, Trowse, Norwich, Norfolk, NR14 - Image 11

Russell Terrace, Trowse, Norwich, Norfolk, NR14

East of England

£270,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
708 sqft

Description

This Victorian cottage offers a promising opportunity for renovation and investment in one of Norwich's most charming neighborhoods. Nestled adjacent to an expansive village green, the property boasts a unique blend of tranquility and accessibility, being just a short distance from the city center. Inside, you'll find an open-plan living area that extends over 24 feet, providing a bright and airy atmosphere with potential for modern updates. The kitchen flows seamlessly from this space, inviting creative reconfigurations for contemporary living. Upstairs, the two bedrooms feature original fireplaces that lend character to the rooms—one overlooks the picturesque village green while the other provides a serene view of the established rear garden. The extensive garden is a blank canvas for avid gardeners or families looking to create an outdoor retreat. With ample space to cultivate your vision, this area holds significant potential for landscaping or adding outdoor amenities. Located in Trowse, a highly sought-after area known for its picturesque surroundings and community spirit, you’ll enjoy close proximity to Whitlingham Country Park and scenic walking trails such as Boudica’s Way. Local conveniences include welcoming pubs, a village store, a restaurant, and access to a local school—all contributing to the appeal of this vibrant community. This property is offered with no onward chain, making it an attractive option for those seeking to invest in an area that balances peaceful residential life with urban convenience. Whether you're looking to renovate and make it your own or seeking an investment opportunity with significant upside potential, this Victorian terrace merits your consideration.

Investment Analysis

(NR14 area)

Above Market Value

This property is priced +22.0% above area average per sq ft

+22.0%
This Property
£381/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£243,492
10% above area average per sq ft
Potential ROI
-23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR14)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -8.7%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on NR14 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

Russell Terrace, Trowse, Norwich, Norfolk, NR14
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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
£989
Based on a loan of £202,500 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