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Yarmouth Road, Norwich

East of England

£240,000
Listed on 14/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
786 sqft

Description

This delightful two-bedroom semi-detached cottage presents a unique opportunity for renovation enthusiasts and first-time buyers alike. Situated in an appealing locale near Thorpe St Andrew, the property is conveniently close to local amenities, including shops and schools, while offering a quaint village atmosphere. The home features an entrance hall, a ground floor bathroom, and a spacious lounge/diner with two front-facing windows that invite natural light, complete with a cosy woodburner. This space flows into the fitted kitchen and a practical rear lean-to utility area. Upstairs, you’ll find two bedrooms alongside a shower room off the first floor landing. Additional advantages include gas central heating and double glazing. Outside, the property boasts double gates leading to a garden/driveway at the front, complemented by a bisected rear garden equipped with a patio, raised pond, and lawn. The presence of a sizable double garage fitted with power and lighting further enhances its appeal. While the cottage would benefit from modernising to maximise its charm and functionality, it holds significant potential as an investment or starter home.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£305/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£271,398
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Yarmouth Road, Norwich
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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
£879
Based on a loan of £180,000 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