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Coleburn Road, Norwich, NR1

East of England

£220,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1051 sqft

Description

This three-bedroom residence offers a promising opportunity for those looking to invest in or renovate a home. Situated within easy reach of the city center and local amenities, it presents itself as a blank canvas ready for your personal touch. The property features an entrance hall leading into a spacious dual-aspect living room, providing ample natural light. The kitchen/dining area includes direct access to the rear garden, making it ideal for family gatherings or entertaining. While the interior would benefit from some modernization, the layout is functional and offers great potential for reconfiguration or upgrades. On the upper level, you’ll find three bedrooms, each equipped with built-in storage solutions. The accommodation also includes a shower room and a conveniently separate WC. This setup is conducive to comfortable family living but can be enhanced further through thoughtful renovations. The exterior of the property features an enclosed rear garden primarily laid to lawn, complemented by both paved and raised decking areas—perfect for outdoor activities or relaxation. Additionally, there’s a brick-built outbuilding with power and lighting, which could serve as valuable storage or even a small workshop. With gas central heating and mains water and drainage, this property is equipped with essential utilities. Its EPC rating of D indicates that there may be opportunities to improve energy efficiency through renovations, potentially increasing future value. Given its location and potential for modernization, this home is well-positioned as an investment opportunity for first-time buyers or seasoned renovators alike.

Investment Analysis

(NR1 area)

Below Market Value

This property is priced -26.9% below area average per sq ft

-26.9%
Potential saving
This Property
£209/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£260
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£331,223
10% above area average per sq ft
Potential ROI
+32.5%
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
13%
Properties sold annually

Local Market Trend (NR1)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -2.0%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on NR1 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

Coleburn Road, Norwich, NR1
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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
£806
Based on a loan of £165,000 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