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Elm Grove Lane, NR3

East of England

£300,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1445 sqft

Description

This semi-detached property, located in the popular NR3 postcode of Norwich, provides a promising canvas for buyers wishing to make it their own. While the home has been cherished over the years, it is now primed for modernisation, allowing new owners to infuse their personal style into its extended layout and spacious interior. The ground floor consists of an entrance porch and hall leading to a sizable lounge/diner that flows into a generous open-plan kitchen/diner. Additional conveniences include a ground-floor WC, a large integral garage, and a lean-to space for extra utility. Upstairs, three bedrooms share access to a shower room. This flexible arrangement offers ample opportunity for future enhancements or reconfigurations. Externally, the property boasts a sizeable private driveway with parking for several vehicles and an enclosed rear garden featuring both patio areas and established greenery—a perfect setting for outdoor enjoyment. The location benefits from proximity to local amenities, schools (including primary and secondary options), parks, and excellent public transport links to Norwich city centre.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£208/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£250
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£447,842
10% above area average per sq ft
Potential ROI
+31.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -2.5%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on NR3 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

Elm Grove Lane, NR3
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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
£1,082
Based on a loan of £225,000 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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