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Waterloo Park Avenue, Norwich, NR3

East of England

£270,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
977 sqft

Description

Located in a sought-after area of NR3, this two-bedroom semi-detached property presents a valuable chance for buyers who wish to settle in a home that they can tailor over time. Its proximity to Norwich city centre and various local amenities enhances its appeal, making it suitable for both immediate living and future investment potential. While the residence is well-maintained, it offers a versatile backdrop for updates and personalization. The property benefits from an established residential neighborhood on the northern outskirts of Norwich, providing easy access to local shops, cafés, supermarkets, and educational facilities. Frequent public transport links ensure convenient travel to the city centre and nearby locations. Norwich itself boasts a rich array of shopping, dining, cultural experiences, healthcare options, and recreational activities. Just a short distance away lies Waterloo Park, featuring green spaces and leisure facilities ideal for outdoor enthusiasts. Furthermore, major road links allow for quick access to the picturesque Norfolk Broads and North Norfolk coast. Upon entering the property, you are greeted by an entrance hall leading into a generous living room adorned with a bay window that floods the space with natural light. The main living areas feature wooden flooring that adds warmth throughout. The kitchen at the rear has practical flow into the conservatory, which extends the ground floor layout, providing ample additional space for dining or leisure while overlooking the garden. A convenient ground-floor WC is also present. Upstairs comprises two well-sized bedrooms that benefit from good natural light alongside a family bathroom that offers potential for future enhancements depending on taste. Externally, the rear garden is private and adaptable to suit various lifestyle preferences. Additionally, there is a garage and driveway ensuring off-road parking and extra storage solutions. With its solid foundation and inviting features combined with ample scope for personalisation, this home represents not just comfort but also exciting opportunities for future development.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -3.0% below area average per sq ft

-3.0%
Potential saving
This Property
£276/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£306,075
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -5.2%
5 year growth: +11.7%
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

Waterloo Park Avenue, Norwich, NR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£963
Based on a loan of £202,500 over 30 years at 3.97% 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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