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South Park Avenue, Norwich

East of England

£258,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
House
Area
895 sqft

Description

This mid-terrace house features three bedrooms and presents a significant opportunity for investors or families looking to create their ideal home. Located in the desirable Eaton area of Norwich, just 1.5 miles from the city centre and in proximity to both the University of East Anglia and the Science Park, this property is primed for renovation. The surrounding area boasts ample green space with Eaton Park nearby, as well as convenient access to local services and excellent transport links, which enhance its appeal.

Inside, the layout consists of an entrance hall leading to a generous lounge/diner and a kitchen. The first floor accommodates three double bedrooms, a family bathroom, and a separate WC. While the interior requires significant modernisation, this provides an ideal canvas for enhancements that could greatly increase the property's value.

Externally, there is off-road parking secured behind gates at the front of the house. At the rear lies a private garden, equipped with a brick-built storage shed and accessible via shared passageway for convenience.

This property is being sold with no onward chain, making it an attractive option for those looking to invest in renovations with strong rental potential.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£288/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£327,149
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR4)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -3.4%
5 year growth: +9.9%
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

South Park Avenue, Norwich
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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
£920
Based on a loan of £193,500 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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