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Penryn Close, Norwich

East of England

£325,000

Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Detached
Area
1488 sqft

Description

Nestled within a tranquil cul-de-sac near the UEA campus, this detached property occupies a generous plot and presents a promising canvas for renovation and expansion. The home features a flexible layout that is ideal for those wishing to inject their personal style and value into a property that currently requires comprehensive updating. This dwelling is particularly appealing to first-time buyers and investors eager to transform a house into their dream home or an attractive rental opportunity. While it now shows signs of wear across its rooms, the solid structure and established neighborhood provide a fantastic foundation for future enhancements. The internal space includes three bedrooms, a lounge that opens to a dining area, and an adjoining kitchen with utility access. Each room benefits from ample natural light through single glazed windows, creating potential for modern improvements such as replacing windows for better energy efficiency. The sizeable garden offers further possibilities for landscaping or extension. With no onward chain, this property invites you to envision its full potential while enjoying proximity to local amenities including shops, schools, health services, and parks, alongside easy access to Norwich city center. This opportunity stands as an unmissable chance to reshape a well-located residence in a friendly community.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -34.5% below area average per sq ft

-34.5%
Potential saving
This Property
£218/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£413
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£545,627
10% above area average per sq ft
Potential ROI
+45.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR4)

Area prices are rising by +5.0% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.6%
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

Penryn Close, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

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