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Norwich Road, Wroxham

East of England

£250,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
969 sqft

Description

This charming two-bedroom terraced house on Norwich Road in the appealing village of Wroxham presents a rare opportunity for buyers seeking to invest in a property with significant renovation potential. Nestled away from the main road, the home includes off-road parking suitable for two to four vehicles—an uncommon feature for similar homes in the area. Inside, you will find two generous reception rooms, including a sitting room accentuated by a bay window and a multi-fuel fire, creating a warm environment ideal for family gatherings. The kitchen offers ample storage and workspace, while an adjacent utility room adds practicality. A ground-floor shower room enhances convenience. On the first floor, there are two well-sized bedrooms along with another shower room, optimizing space for varied living arrangements. The property is rich in period details that contribute to its character but would benefit greatly from some modern updating and decorative enhancements. Externally, the sizeable garden presents an excellent canvas for landscaping or potential extensions (subject to planning permissions), making it perfect for outdoor enthusiasts or those looking to increase property value through development. With relatively new central heating installed in January 2022 ensuring modern comfort, this residence is well-suited for first-time buyers or investors eager to bring their vision to life in a highly sought-after location surrounded by natural beauty and local amenities.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£258/sq ft
Area Average
£309/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£328,937
10% above area average per sq ft
Potential ROI
+15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -3.5%
5 year growth: 16.1%
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.

Location

Norwich Road, Wroxham
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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
£916
Based on a loan of £187,500 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