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Mousehold Street, Norwich

East of England

£320,000
Listed on 28/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home is situated on a spacious corner plot in the desirable NR3 area of Norwich, offering significant renovation and investment potential. Located within walking distance of the City Centre, this property presents an opportunity to create a modern family residence or capitalize on its development possibilities, subject to planning approval. The ground floor features a welcoming entrance hall that leads to a bright lounge and a separate dining room, both filled with natural light from double-glazed windows. The kitchen offers fitted base units and space for essential appliances, providing a functional layout ideal for reconfiguration or modernization. Upstairs, the property comprises three bedrooms, each equipped with double-glazing and ample space for furnishings. The family bathroom includes basic fixtures and is ready for updates to reflect contemporary tastes. Outside, the low-maintenance front garden complements the expansive side and rear lawned areas, offering plenty of room for outdoor activities or further expansion of living spaces. With central heating and no onward chain, this home is ready for immediate occupancy while allowing new owners the flexibility to implement their vision. The location enhances its appeal with proximity to local amenities such as schools, shops, pubs, restaurants, and supermarkets. Additionally, residents can enjoy easy access to riverside walks and Mousehold Heath, with direct routes to Norwich's ring road and major roadways like the NDR and A47 southern bypass. This property not only provides comfortable living but also stands as a promising investment opportunity in an increasingly sought-after area.

Investment Analysis

(NR3 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£253
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -1.7%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on NR3 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

Mousehold Street, Norwich
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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
£1,172
Based on a loan of £240,000 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