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Burges Road, Norwich, NR3 2

East of England

£255,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
861 sqft

Description

This three-bedroom end of terrace property offers a prime investment opportunity located in the desirable NR3 area, just north of Norwich city centre. The property provides ample potential for modernization, making it an attractive choice for investors aiming to enhance value and appeal. With a footprint of approximately 861 sq ft, this residence showcases original features such as exposed wooden flooring and a period fireplace in the spacious reception room, which reflect its character and charm. The ground floor also includes a kitchen that opens onto a sizeable rear garden, complemented by a useful conservatory that can serve as additional living space. Upstairs, you'll find three bedrooms, including a generously sized principal bedroom filled with natural light and two further rooms suitable for family or shared living arrangements. The layout is conducive to maximizing rental opportunities in this high-demand area. Externally, the substantial garden allows for potential landscaping or even extension possibilities (subject to planning permission), while the large front driveway adds significant convenience for tenants seeking off-road parking—a much-coveted aspect in today’s market. This property stands out as an appealing option for buyers looking to refurbish and capitalize on both rental yields and long-term value growth in a thriving residential neighborhood.

Investment Analysis

(NR3 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£296/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£265,377
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -4.8%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on NR3 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

Burges Road, Norwich, NR3 2
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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
£903
Based on a loan of £191,250 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.

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