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Gowing Road, Norwich

East of England

£320,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1441 sqft

Description

This semi-detached chalet bungalow offers a substantial opportunity for renovation and expansion, set on an expansive plot in the desirable region of Hellesdon. The property features a practical layout with flexible living spaces that can be easily adapted to meet the needs of various homeowners, including families and retirees seeking a project. The ground floor includes a welcoming entrance hall that leads into a spacious lounge-diner, ideal for both relaxation and entertaining. A well-sized kitchen complements this area, alongside a convenient ground floor bedroom that enhances the property's versatility. Upstairs, you'll find two additional well-proportioned bedrooms along with a family bathroom. One of the most appealing aspects of this home is its large outdoor space, which presents exciting prospects for further development or reconfiguration—subject to the necessary planning permissions. Whether you're looking to extend the living areas or create an inviting outdoor space, this plot provides plenty of room for creativity. Located in Hellesdon, residents enjoy easy access to local amenities, schools, and transport options, making it a highly attractive area for future investment. This property not only offers comfortable living but also significant potential for those looking to enhance its value through thoughtful renovations.

Investment Analysis

(NR6 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£222/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£276
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£478,383
10% above area average per sq ft
Potential ROI
+25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (NR6)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -5.6%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on NR6 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

Gowing Road, Norwich
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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
£1,154
Based on a loan of £240,000 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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