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Connaught Road, Norwich

East of England

£230,000

Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
850 sqft

Description

This three-storey mid-terrace property, situated in the desirable Golden Triangle area, offers a unique opportunity for buyers seeking a home full of character and potential. The property retains several attractive period features while providing spacious and adaptable living spaces across its three levels. The layout includes an entrance lobby leading to a comfortable lounge, a separate dining room with access to the lower ground floor, and a fitted kitchen with plenty of storage options. On the upper floors, you'll find two generously sized double bedrooms, along with a useful box room. With gas central heating and double glazing throughout, this home is ready for your personal touch. The enclosed front garden and non-bisected rear courtyard—complete with two brick sheds—add extra appeal for outdoor enthusiasts. While some updating and modernisation are needed, this property represents an exciting investment or first-time purchase in a highly sought-after location, close to local amenities, public transport routes, and excellent schools.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£271/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£314
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£305,698
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR2)

Area prices are falling by -3.3% over the last 12 months
3 year growth: +4.6%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on NR2 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

Connaught Road, 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
£821
Based on a loan of £172,500 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.

Stamp Duty Calculator

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