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Cringleford, NR4

East of England

£550,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1604 sqft

Description

This detached home, located in a peaceful and respected area of Cringleford, offers a solid foundation for those looking to invest in a property with renovation potential. While the layout features a welcoming entrance hall, a generous lounge with views over the private garden, and a functional kitchen diner alongside an additional reception room and cloakroom on the ground floor, updates could enhance both comfort and style. The first floor reveals further possibilities; the principal bedroom boasts built-in wardrobes and access to a spacious private balcony, while an additional double bedroom includes a modern en-suite shower. Completing this level are two more rooms and a family bathroom that could benefit from modernization. Outside, the property is complemented by an ample driveway and garage, surrounded by substantial garden space ripe for landscaping or redesign. Set in one of Norwich’s sought-after locations with convenient access to schools, hospitals, and transport links to the A11, this property represents an excellent opportunity for buyers ready to create their ideal family home.

Investment Analysis

(NR4 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£343/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
£583,311
10% above area average per sq ft
Potential ROI
-1.1%
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

Cringleford, NR4
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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
£1,984
Based on a loan of £412,500 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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