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Norwich Street, Cambridge

East of England

£375,000

Listed on 10/03/2026

Property details

Bedrooms
2
Type
Terraced
Area
850 sqft

Description

This Victorian terraced home presents a prime opportunity for renovation in a desirable city location. Nestled in the sought-after Newtown area, the property features two spacious bedrooms and retains several original elements such as sash windows, picture rails, solid wood flooring, and fireplaces, which could enhance its character post-renovation. The layout includes a cozy entrance lobby leading into a well-sized living room and dining area, with access to a small walled courtyard garden through a part-glazed door. Upstairs, you will find two sizeable double bedrooms alongside a generous family bathroom. Although the property requires comprehensive refurbishment throughout, its central position offers easy access to local amenities, schools, and transport links. The potential for investment is significant given its location and the demand for updated properties in this vibrant community.

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Investment analysis

(CB2 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£441/sq ft
Area Average
£539/sq ft
Avg Rent (weekly)
£437
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£504,246
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CB2)

Area prices are rising by +8.1% over the last 12 months
3 year growth: +1.2%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on CB2 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

Norwich Street, Cambridge
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-5.1% since listed
£375,000£20,000(-5.1%)
02/07/2026
Current price
£395,000Initial listing
12/03/2026

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