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Charles Avenue, Norwich, Norfolk - Image 1
Charles Avenue, Norwich, Norfolk - Image 2
Charles Avenue, Norwich, Norfolk - Image 3
Charles Avenue, Norwich, Norfolk - Image 4
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Charles Avenue, Norwich, Norfolk

East of England

£250,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
915 sqft

Description

This detached bungalow offers a blank canvas in the desirable suburb of Thorpe St. Andrew, presenting a valuable opportunity for renovation and investment. The property boasts spacious living areas and a generous garden, ideal for those looking to customize their home or enhance its value. Upon entering, you are greeted by an entrance porch that provides practicality for everyday life. The main hall leads into a sizable living room, perfect for relaxation or entertaining guests. There are two comfortable double bedrooms complemented by a functional shower room. The kitchen features ample storage and opens into a bright garden room that could serve as an inviting dining area or additional living space. Outside, the property features a low-maintenance front garden with side driveway access leading to the garage. The rear garden is particularly noteworthy; it enjoys plenty of sunlight and is adorned with diverse plantings and trees, offering significant potential for expansion (subject to planning permission). This outdoor space not only enhances the property's appeal but also allows for future development opportunities. Located conveniently within walking distance of various local amenities—including supermarkets, eateries, a library, medical facilities, and schools—this home is ideally situated for everyday convenience. A nearby public footpath leads to the picturesque River Green, where you can find riverside pubs and cafés. Excellent bus services serve the area, with Norwich train station just an 8-minute drive away, providing direct connections to Cambridge and London. Thorpe St. Andrew offers a unique blend of historic charm and modern conveniences. With Norwich's vibrant arts scene, myriad dining options, theatres, cinemas, gyms, and recreational facilities all within reach, this property presents not only immediate comfort but also long-term investment potential in a thriving community.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£273/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£313,424
10% above area average per sq ft
Potential ROI
+14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +16.5%
Investment Disclaimer: Analysis based on NR7 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

Charles Avenue, Norwich, Norfolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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