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Woodcock Road, Norwich, Norfolk - Image 1
Woodcock Road, Norwich, Norfolk - Image 2
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Woodcock Road, Norwich, Norfolk

East of England

£120,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
884 sqft

Description

This three-bedroom terraced house, located in a sought-after area to the north of Norwich city centre, offers a significant opportunity for renovation and investment. Previously leased for an extended timeframe, the property is now vacant and in need of comprehensive updates throughout, allowing potential owners to enhance its value considerably. The surrounding region boasts a variety of local amenities and schools, with excellent transport links to Norwich city centre, railway station, major employment hubs, and Norwich Airport—ensuring strong demand from prospective tenants. With the right vision and refurbishment efforts, this property has the potential to generate an attractive yield.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -51.8% below area average per sq ft

-51.8%
Potential saving
This Property
£136/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
£273,974
10% above area average per sq ft
Potential ROI
+71.2%
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

Woodcock Road, Norwich, Norfolk
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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
£433
Based on a loan of £90,000 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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