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Corbet Avenue, Sprowston

East of England

£240,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
657 sqft

Description

This charming 1930s three-bedroom semi-detached bungalow offers a blank canvas for those looking to create their dream home. With no onward chain, it presents an ideal opportunity for buyers eager to modernise and personalise a space. The property's layout includes a cozy lounge, functional kitchen, three spacious bedrooms, and a bathroom. The existing features such as double glazing and gas central heating provide a solid base from which to embark on renovation works. Outside, the gated driveway ensures off-road parking convenience, while the well-established rear garden not only enhances outdoor living but also includes a timber garage that could be transformed for additional use. With its character elements and generous plot size, this property has significant potential for enhancement. It is well-suited for first-time buyers wanting to invest in their future or investors seeking a promising rental opportunity. Located in the sought-after village of Sprowston, just north of Norwich, this home benefits from proximity to an array of local amenities including shops, healthcare facilities, and schools for all ages. Excellent public transport links nearby make commuting straightforward, while easy access to major roadways facilitates regional travel. Additionally, nature enthusiasts will enjoy being close to Mousehold Heath, an area perfect for outdoor activities like walking and enjoying scenic views. This location strikes a perfect balance between tranquil village life and convenient access to urban facilities.

Investment Analysis

(NR7 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£365/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£225,049
10% above area average per sq ft
Potential ROI
-19.6%
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
51%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +16.5%
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

Corbet Avenue, Sprowston
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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
£866
Based on a loan of £180,000 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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