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Connaught Road, Norwich

East of England

£225,000

Listed on 09/10/2025

Property details

Bedrooms
3
Type
Terraced
Area
743 sqft

Description

This extended Victorian mid-terrace home is situated in a desirable part of Norwich's Golden Triangle, providing ample space and significant renovation potential. Upon entering, you are greeted by an entrance porch that leads to a bay-fronted lounge featuring a fireplace, followed by a lobby with stairs to the upper floor. The separate dining room includes practical understairs storage, and the generously extended kitchen exceeds typical dimensions for this style of property. Additionally, there is a ground floor shower room for convenience. Upstairs, the layout offers two well-proportioned double bedrooms adjacent to the landing, with a third bedroom accessible through bedroom two. The home is equipped with double glazing and gas central heating throughout. Externally, you will find an enclosed front garden and a bisected rear courtyard leading to a 35-foot private rear garden. While the property requires some updating and modernisation, it stands as an excellent opportunity for first-time buyers or investors looking to enhance their investment. Notably, it comes without onward chain complications.

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Investment analysis

(NR2 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£303/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£311
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£263,498
10% above area average per sq ft
Potential ROI
-0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +4.3%
5 year growth: +8.9%
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

Connaught Road, Norwich
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-10.0% since listed
£225,000£15,000(-6.3%)
06/12/2025
Current price
£240,000£10,000(-4.0%)
14/11/2025
£250,000Initial listing
19/10/2025

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