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Fowell Close, Norwich

East of England

£250,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
906 sqft

Description

This property presents an appealing opportunity for those looking to invest in a home with significant potential for improvement and personalization. Entering through the hall, you are greeted by a spacious dual-aspect lounge that fills with natural light, providing a warm and inviting atmosphere for both relaxation and social gatherings. The kitchen, while functional, offers room for enhancement and has a dining space that connects seamlessly to a separate utility room leading to the back garden. On the first floor, there are three well-proportioned bedrooms along with a family bathroom and separate WC, all of which could benefit from modern updates to maximize their appeal. Existing features such as gas central heating and double glazing provide a solid foundation for upgrades without immediate need for major repairs. Outside, the property is located in a quiet cul-de-sac setting with limited traffic, perfect for families. A shingle driveway allows side-by-side parking while the rear garden spans approximately 45 feet and includes sloped lawns, patio areas, and raised beds—ideal for those wishing to cultivate a vegetable patch or enhance outdoor entertainment spaces. An outbuilding equipped with an additional WC offers versatile options for storage or potential conversion into a home office (subject to planning permission). Situated just 4 miles from Norwich city centre in an area known for its desirable amenities including schools, parks, shops, and excellent transport links, this home's location adds further value. While ready to move into, it brims with potential for updates that can increase its marketability—making it an excellent choice for first-time buyers or investors seeking properties ripe for renovation.

Investment Analysis

(NR5 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£276/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£443
Avg Yield
8.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£282,237
10% above area average per sq ft
Potential ROI
+0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NR5)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -7.6%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on NR5 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

Fowell Close, 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
£902
Based on a loan of £187,500 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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