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Stonehouse Road, Sprowston

East of England

£220,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1149 sqft

Description

This three-bedroom residence in the desirable area of Sprowston is a promising opportunity for investors and those seeking a family home with significant potential for improvement. The property features a spacious lounge that extends the full length of the house, providing an excellent foundation for modernizing and creating a more open-plan living space if desired. The kitchen/diner, while functional with its wooden-style finishes, could benefit from updates to create a contemporary cooking and dining area. The adjoining conservatory offers an inviting space that connects the indoor living areas to the outdoor garden, although it may require some refurbishment to enhance its usability year-round. Upstairs, the bedrooms are well-sized but could be enhanced with additional storage solutions or décor updates. The enclosed rear garden presents an opportunity for landscaping, making it ideal for outdoor entertainment or play areas. This property also includes off-road parking, enhancing its appeal for families. With easy access to local amenities and green spaces in Sprowston, this home is well-positioned for both comfortable living and investment growth.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -39.0% below area average per sq ft

-39.0%
Potential saving
This Property
£191/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£396,738
10% above area average per sq ft
Potential ROI
+52.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -1.0%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on NR7 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

Stonehouse Road, Sprowston
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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
£806
Based on a loan of £165,000 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