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Cringleford, NR4

East of England

£550,000

Listed on 12/06/2026

Property Details

Bedrooms
2
Type
Detached
Area
1604 sqft

Description

This established detached property is nestled in a tranquil and well-regarded area of Cringleford, presenting an excellent opportunity for those looking to invest in a home with significant renovation potential. The layout provides ample living space, starting from a welcoming entrance hall that leads into a bright and generous lounge with views of the rear garden. A kitchen diner serves as the heart of the home, complemented by an additional reception room and convenient cloakroom.

Moving upstairs, the principal bedroom comes equipped with built-in wardrobes and access to a private balcony, while another double bedroom features a modern en-suite shower room. Two more versatile rooms complete the upper floor alongside a family bathroom accessible from the landing.

Outside, the property boasts a sizeable private driveway leading to an adjoining garage, along with a generous garden that offers plenty of scope for enhancement. Situated close to local amenities and transport links, including schools and hospitals, this home is ripe for refurbishment in one of Norwich’s most sought-after locations.

Investment Analysis

(NR4 area)

Above Market Value

This property is priced +2.9% above area average per sq ft

+2.9%
This Property
£343/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£413
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£588,163
10% above area average per sq ft
Potential ROI
+0.5%
After renovation
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 +5.0% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.6%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 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.

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