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Penryn Close, Norwich

East of England

£325,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached house presents a significant opportunity for modernization, ideally located in a desirable area to the west of Norwich, near essential amenities such as the University and Norfolk & Norwich Hospital. The property features ample living space including an entrance porch, hallway, lounge, dining room, kitchen, utility room, and ground floor WC. The first floor houses three bedrooms and a family bathroom, making it suitable for families or as a buy-to-let investment. The external space includes off-road parking via a driveway leading to a single garage and a substantial mature garden that provides privacy. With double glazing and gas central heating already in place, this home is poised for improvement that can enhance its value. The lack of onward chain adds to its desirability for quick renovations. Given its potential for customization and enhanced living standards, early viewing is advised.

Investment Analysis

(NR4 area)
Area Average
£328/sq ft
Avg Rent (weekly)
£432
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR4)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +8.8%
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

Penryn Close, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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

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