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Norwich Road, Wroxham

East of England

£260,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
969 sqft

Description

This two-bedroom terraced home situated in the desirable village of Wroxham presents a noteworthy opportunity for those interested in renovation and investment. Set back from the road, the property includes off-road parking suitable for two to four vehicles, which is an uncommon feature for homes of this design. Upon entering, you’ll find two spacious reception rooms that offer versatility and potential. The sitting room showcases a charming bay window and a multi-fuel fire, creating a cozy atmosphere, while the second reception room can easily serve as a dining area or home office. The kitchen is a good size with ample storage and workspace, supplemented by a practical utility room. A convenient ground-floor shower room enhances functionality. On the upper level, the property accommodates two well-proportioned bedrooms along with an additional shower room. Throughout the home, you’ll notice appealing period features that add character but also highlight areas ripe for modernization. The exterior boasts a generous garden plot that provides ample space for outdoor living or potential development opportunities, subject to planning permissions. This outside area is perfect for gardening enthusiasts or anyone looking to expand their living space. While some updates are needed, this residence offers significant potential for value addition through renovations and personal touches. With relatively new central heating installed in January 2022, it ensures energy efficiency and modern comfort—an excellent foundation for any improvements you may envision. Wroxham itself is often regarded as the heart of the Norfolk Broads and offers residents local amenities including shops, cafes, and waterside pubs. Its scenic riverside walks and boating activities contribute to its appeal, while easy access to public transport links further enhances its desirability. Overall, this property not only represents an inviting home but also serves as a promising investment venture for those looking to capitalize on both location advantages and renovation opportunities.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£268/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£329,789
10% above area average per sq ft
Potential ROI
+13.7%
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
7%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +3.3% over the last 12 months
3 year growth: -2.8%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on NR12 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.

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Location

Norwich Road, Wroxham
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