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Friar Tuck Road, Norwich

East of England

£230,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
935 sqft

Description

This property, positioned on a prominent corner plot in the desirable NR4 area, holds significant investment potential for those seeking to establish their long-term family home. The expansive front garden offers ample opportunity for landscaping enhancements, increased off-road parking, or potential extensions, contingent upon obtaining the necessary planning permissions. Inside, you will find a traditional layout featuring a welcoming entrance hall that opens into the main living spaces. The lounge/diner is an impressive close to 20ft long, providing a bright and adaptable environment perfect for both relaxation and entertaining guests. The kitchen presents a functional space with substantial storage and work surfaces while offering clear avenues for modernization or redesign to align with contemporary living standards. On the upper floor, there are three generously sized bedrooms, two of which benefit from built-in storage solutions, alongside a family bathroom and separate W/C—ideal for busy households. A south-facing rear garden complements this home nicely with plenty of sunlight throughout the day, enhancing its outdoor appeal. Additionally, a brick outbuilding provides extra storage or potential for future adaptation options. Located within easy reach of various essential amenities and transport connections, this property sits near popular retail areas as well as recreational facilities in Norwich's Riverside district. Access to major roadways makes commuting straightforward while educational institutions nearby further bolster its suitability for families. With no onward chain involved in the sale process, this residence combines generous outdoor space with strong modernisation prospects and possible expansion opportunities (STP), making it an enticing proposition within one of Norwich's consistently sought-after residential locales.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£246/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£433
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£340,022
10% above area average per sq ft
Potential ROI
+25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NR4)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -2.1%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on NR4 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

Friar Tuck Road, 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
£830
Based on a loan of £172,500 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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