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Falcon Road West, Norwich

East of England

£200,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1225 sqft

Description

This three-bedroom detached bungalow offers a prime opportunity for renovation enthusiasts and investors alike. Situated on a spacious plot in a desirable area of Sprowston, the property is conveniently located near various amenities, including schools, shops, and restaurants. The interior presents a blank canvas where you can unleash your creativity to update and enhance the living spaces. Comprising a welcoming entrance hall, three generously sized bedrooms, a bathroom, kitchen, and a living room that opens into a conservatory at the rear, this home has great potential to be transformed into a modern family dwelling or rental property. The external features include a driveway with dropped kerb access and both front and back gardens, plus the added benefit of a single garage. With its chain-free status and ample renovation possibilities, interested buyers should act quickly to explore this promising investment opportunity.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -47.6% below area average per sq ft

-47.6%
Potential saving
This Property
£163/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£419,612
10% above area average per sq ft
Potential ROI
+61.4%
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

Falcon Road West, 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
£721
Based on a loan of £150,000 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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