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Meadow Rise Road, Norwich, NR2 - Image 1
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Meadow Rise Road, Norwich, NR2

East of England

£375,000
Listed on 23/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
732 sqft

Description

This two-bedroom detached bungalow, nestled at the end of a quiet cul-de-sac in the sought-after Golden Triangle area of Norwich, offers a unique opportunity for renovation and investment. With its spacious sitting room featuring dual-aspect windows that invite ample natural light, the property provides a comfortable starting point for modernization. The layout includes a fitted kitchen and two double bedrooms, alongside a shower room that could benefit from updating. Surrounded by gardens on three sides, there's significant potential for landscaping to enhance curb appeal and outdoor enjoyment. The bungalow also includes driveway parking, a single garage, and two brick-built storage units—ideal for those needing extra space or considering conversion into additional living areas. As bungalows are rare in this desirable region, this property represents an exciting chance to create your ideal home within a vibrant community while adding value through thoughtful enhancement.

Investment Analysis

(NR2 area)

Above Market Value

This property is priced +60.1% above area average per sq ft

+60.1%
This Property
£512/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£336
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£257,624
10% above area average per sq ft
Potential ROI
-37.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +7.0%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on NR2 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

Meadow Rise Road, Norwich, NR2
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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
£1,352
Based on a loan of £281,250 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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