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49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 1
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 2
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 3
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 4
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 5
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 6
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 7
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 8
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 9
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 10
49 Sandringham Road, Norwich, Norfolk NR2 3RZ - Image 11

49 Sandringham Road, Norwich, Norfolk NR2 3RZ

East of England

£250,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1142 sqft

Description

This terrace house with an over the passage layout is primed for a comprehensive refurbishment, making it an attractive prospect for both investors and DIY enthusiasts. Spanning two floors, the property boasts a spacious entrance hall that leads to a sitting room, dining room, breakfast room, and kitchen on the ground floor. The first floor features three bedrooms along with a family bathroom accessible from the landing. The larger third bedroom is a standout feature compared to similar properties in the area. Externally, there’s a non-bisected south-facing garden, providing ample outdoor space. The home requires significant modernisation throughout but offers considerable potential to remodel and enhance value in a sought-after location close to Norwich City Centre and local amenities. With ongoing demand from both renters and buyers in this region, this project holds great promise for those looking to create their ideal living space or investment opportunity.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£219/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£336
Avg Yield
6.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£401,921
10% above area average per sq ft
Potential ROI
+23.7%
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

49 Sandringham Road, Norwich, Norfolk NR2 3RZ
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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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