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Meadow Rise Road, Norwich, Norfolk, NR2 - Image 1
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 2
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 3
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 4
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 5
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 6
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 7
Meadow Rise Road, Norwich, Norfolk, NR2 - Image 8

Meadow Rise Road, Norwich, Norfolk, NR2

East of England

£375,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1229 sqft

Description

This detached bungalow is situated in the sought-after Golden Triangle of Norwich, renowned for its vibrant community and proximity to local amenities. With two bedrooms and a spacious layout, the property offers a solid foundation for those interested in renovation or investment. Set on a generous plot, this home features ample garden space, a driveway, and a detached garage, providing further opportunities for enhancement. The interior requires complete modernization, making it an ideal canvas for buyers looking to customize their living space to their taste or capitalize on its rental potential. The location adds significant value; the Golden Triangle is known for its appealing streets and convenient access to parks, shops, and public transport. This property represents a valuable opportunity for investors or homeowners eager to develop a personalized residence in one of Norwich's most desirable neighborhoods.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£305/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£333
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£434,568
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NR2)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 9.4%
5 year growth: 13.2%
Investment Disclaimer: Analysis based on NR2 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

Meadow Rise Road, Norwich, Norfolk, NR2
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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
£1,374
Based on a loan of £281,250 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