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Lark Rise, Mulbarton, Norwich, Norfolk, NR14 - Image 1
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Lark Rise, Mulbarton, Norwich, Norfolk, NR14 - Image 3
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Lark Rise, Mulbarton, Norwich, Norfolk, NR14 - Image 8
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Lark Rise, Mulbarton, Norwich, Norfolk, NR14

East of England

£170,000
Listed on 14/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
613 sqft

Description

This two-bedroom house located in the sought-after village of Mulbarton, Norfolk, presents an exciting opportunity for a renovation enthusiast. The property is being sold with no onward chain and showcases significant potential for transformation. Upon entering, you are greeted by a practical porch that leads into a spacious open-plan lounge area, providing a blank canvas for reimagining your living space. The kitchen is generously sized, featuring ample cabinetry and enough room for dining options, while patio doors seamlessly connect the interior to the private, enclosed garden. Upstairs, you will find two bedrooms—one double and one single—alongside a bathroom that has been modified into a wet room for improved accessibility; this could easily be reverted back to its original bath setup if desired. Additional benefits include off-road parking suitable for multiple vehicles and a single garage, enhancing the property's appeal as an investment project.

Investment Analysis

(NR14 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£277/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£209,168
10% above area average per sq ft
Potential ROI
+4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (NR14)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -10.8%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on NR14 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

Lark Rise, Mulbarton, Norwich, Norfolk, NR14
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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
£613
Based on a loan of £127,500 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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