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Warwick Street, Norwich - Image 1
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Warwick Street, Norwich

East of England

£160,000
Listed on 25/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
793 sqft

Description

This property presents a promising opportunity for those looking to invest in a comprehensive renovation project in the established residential community of Norwich. Number 18 Warwick Street, available via auction, offers potential buyers the chance to completely transform the space according to their design preferences. Given the increasing demand for updated homes and rental properties in this area, this house stands out as a smart investment for developers and individuals eager to enhance its value through refurbishment. Conveniently located near local amenities and transport links, it is well-situated for future occupants seeking easy access to Norwich city centre. The layout includes two bedrooms and essential living spaces ripe for modernization, making it an ideal candidate for a full refurbishment.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -36.9% below area average per sq ft

-36.9%
Potential saving
This Property
£202/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£336
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£279,092
10% above area average per sq ft
Potential ROI
+26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +7.0%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on NR2 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

Warwick Street, Norwich
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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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