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Earlham Road, Norwich

East of England

£425,000
Listed on 10/11/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1853 sqft

Description

This detached five-bedroom property presents a unique opportunity for renovation and investment, situated on a quiet, tree-lined residential street in a desirable area of Norwich. Spanning over 1850 square feet across three levels, the home offers abundant space and potential for transformation, appealing to buyers looking to create their ideal family residence or capitalize on its investment possibilities. The ground floor is particularly versatile, featuring an entrance hall, kitchen, and five separate reception rooms. This configuration provides a variety of options for reimagining the layout—whether that means establishing a comfortable lounge, formal dining area, study, or playroom. Additionally, with some reconfiguration, there is strong potential for additional bedrooms which could make this property attractive for conversion into a House in Multiple Occupation (HMO), subject to relevant permissions. A noteworthy aspect of the property is the ground-floor studio equipped with its own WC and water connections. This space could serve as a self-contained annexe—ideal for multi-generational living—or function as a dedicated home office or guest suite. On the upper floors, the first level includes four well-sized bedrooms along with a family bathroom. Ascending to the second floor reveals an additional bedroom complete with an ensuite bathroom, bringing the total potential bedroom count to six. Outside, the property benefits from driveway parking that leads to a detached garage and various outbuildings. The rear garden is expansive and currently overgrown but offers significant potential for landscaping into an attractive outdoor retreat. Location-wise, this property enjoys proximity to key amenities including the University of East Anglia (UEA) and Norfolk and Norwich University Hospital. The vibrant city center—with its rich history along with diverse shopping and dining options—is also conveniently accessible. Nearby green spaces such as Earlham Park further enhance the appeal of this location. In summary, this property represents an exciting project ripe for renovation. Its flexibility opens doors for both developers seeking high-yield investment opportunities (subject to planning) and private buyers aiming to customize their dream home in one of Norwich's sought-after neighborhoods.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£229/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£479
Avg Yield
6.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£686,601
10% above area average per sq ft
Potential ROI
+26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR4)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on NR4 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

Earlham Road, 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
£1,557
Based on a loan of £318,750 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