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Dragonfly Lane, Cringleford

East of England

£350,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1135 sqft

Description

This end townhouse in the desirable village of Cringleford, NR4, presents an exciting opportunity for renovation and investment. Featuring three spacious bedrooms, including a master suite with an en suite bathroom, the layout is well-suited for family living while also allowing for modifications to suit individual needs. The generous living room, enhanced by a Juliet balcony, offers ample natural light and can be reconfigured for modern aesthetics or expanded functionality. The kitchen is equipped with integrated appliances and ample storage but may benefit from a contemporary update to enhance its appeal. Additional flexible rooms on both floors can be adapted as a study, dining area, or guest accommodation, providing multiple options to maximize space and utility. The fully boarded loft space presents potential for conversion into additional living quarters or storage solutions. The outdoor area features a sizable rear garden with patio space ideal for entertaining or family activities, while off-road parking and a carport add practicality. Positioned within easy reach of essential services and recreational spots in Cringleford, this home combines comfortable living with significant potential for modernization.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£308/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
£412,754
10% above area average per sq ft
Potential ROI
+5.8%
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

Dragonfly Lane, Cringleford
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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
£1,262
Based on a loan of £262,500 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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