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Maid Marian Road, Norwich, Norfolk, NR4 - Image 1
Maid Marian Road, Norwich, Norfolk, NR4 - Image 2
Maid Marian Road, Norwich, Norfolk, NR4 - Image 3
Maid Marian Road, Norwich, Norfolk, NR4 - Image 4
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Maid Marian Road, Norwich, Norfolk, NR4 - Image 6
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Maid Marian Road, Norwich, Norfolk, NR4

East of England

£230,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
872 sqft

Description

Nestled in the desirable NR4 postcode along Maid Marian Road, this three-bedroom semi-detached property presents a noteworthy opportunity for those eager to customize their living space. Situated close to local schools, shops, parks, and essential amenities, it strikes a fine balance between community charm and everyday convenience. Occupying a spacious corner plot, the home features an impressive front yard with potential for extensive off-road parking to suit your requirements. Inside, the property is primed for updating and modernization, making it an excellent project for buyers with a creative vision aimed at enhancing both comfort and value. The traditional layout welcomes you through an entrance hall leading directly into a generous lounge and kitchen area. The lounge spans nearly 20 feet, providing ample room for family gatherings or relaxation. Patio doors open to the secluded rear garden, allowing light to pour into the space while fostering a natural flow between indoor and outdoor environments. The kitchen is also expansive with significant storage options and work surfaces, offering endless redesign possibilities. A conservatory attached provides additional living space bathed in light—ideal for enjoying your garden views throughout the year. Upstairs reveals three well-sized bedrooms off the central landing; two of these rooms come equipped with built-in storage solutions. The family bathroom and separate WC enhance practicality on this level. Notably, the property boasts a recently fitted combi gas boiler still under warranty—a valuable asset for any prospective owner. Outside, the private rear garden serves as a peaceful escape, framed by mature hedges that provide charm and privacy—perfect for gardening enthusiasts or families looking for play areas. This property is rich with potential in a premium location—an exciting chance to craft your dream home within Norwich's vibrant NR4 district.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£264/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£479
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£323,107
10% above area average per sq ft
Potential ROI
+19.7%
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
13%
Properties sold annually

Local Market Trend (NR4)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on NR4 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

Maid Marian Road, Norwich, Norfolk, NR4
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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
£843
Based on a loan of £172,500 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