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Neville Road, Sprowston, Norwich NR7

East of England

£275,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1384 sqft

Description

This semi-detached home from the 1930s presents a unique opportunity for buyers looking to invest in a property ripe for completion and customization. With three bedrooms and two spacious reception rooms, this house features appealing characteristics such as traditional-style radiators and stripped wooden flooring, which have already been installed by the current owners. The initial renovations include smooth re-plastering of walls and ceilings, along with some upgrades to the wiring and central heating systems. The layout is well-designed for family living, boasting a conservatory that provides additional space and natural light, along with a garage and off-street parking—valuable assets in this area. The property consists of an entrance porch leading into a welcoming hallway that connects to the living areas, including an open-plan lounge and dining room. On the first floor, you’ll find three bedrooms along with a family bathroom configured with modern fittings. With further enhancements needed to fully realize its potential, this property is ideal for those seeking to create a personalized home while also adding considerable value over time. Given its classic style and expansive garden area, it offers ample scope for expansion or modernization as desired.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -36.6% below area average per sq ft

-36.6%
Potential saving
This Property
£199/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£476,968
10% above area average per sq ft
Potential ROI
+51.4%
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
24%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -2.7%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on NR7 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

Neville Road, Sprowston, Norwich NR7
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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
£992
Based on a loan of £206,250 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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