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Borrowdale Drive, Norwich

East of England

£270,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
819 sqft

Description

This detached bungalow offers a substantial canvas for renovation enthusiasts, featuring over 800 sq. ft of extended living space ripe for modernization. Entering the home reveals a dual-aspect kitchen and dining area that, despite its current dated condition, provides ample opportunity for redesign and revitalization. Adjacent is a spacious sitting room along with a versatile family room extension, allowing for various configurations tailored to your lifestyle needs. With three bedrooms available, potential alterations could further enhance living arrangements, subject to planning approval. The property also includes a three-piece bathroom suite needing updates. Outside, the fully enclosed garden offers privacy and features a gated driveway leading to additional garage space at the side of the house - an ideal setup for those seeking to transform outdoor spaces as well. Nestled behind a mature hedge that ensures seclusion, this property invites creativity both inside and out. Though updates are necessary, the existing layout provides significant flexibility for anyone looking to invest in their next project.

Investment Analysis

(NR1 area)

Above Market Value

This property is priced +13.5% above area average per sq ft

+13.5%
This Property
£330/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£252
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£261,756
10% above area average per sq ft
Potential ROI
-18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NR1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -4.2%
5 year growth: +7.6%
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

Borrowdale Drive, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 over 30 years at 4.06% 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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