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Alexandra Road, Norwich, Norfolk, NR2

East of England

£525,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1409 sqft

Description

This Victorian mid-terrace home features three bedrooms and spans 1,409 sq. ft. across two floors in the desirable Golden Triangle area of Norwich. The property has been maintained to a good standard but holds considerable renovation potential, particularly with an eye towards maximizing its loft space (subject to planning permission). The rear garden faces west, providing a great setting for outdoor gatherings or personal relaxation.

Ground Floor highlights include a spacious entrance hall adorned with wooden flooring and high ceilings. The reception rooms boast charming period details such as cornicing and a feature fireplace, while secondary glazed sash windows add character and energy efficiency. The open-plan kitchen/dining area is a focal point—recently updated with integrated appliances and modern finishes—while offering an inviting flow through French doors to the garden.

On the First Floor, the principal bedroom includes bespoke fitted wardrobes, ensuring efficient use of space. Two additional double bedrooms provide flexibility for family or guest accommodations. The family bathroom is serviceable but presents opportunities for enhancement. There's also significant potential for further development on the landing space leading up to the loft.

Outside, you’ll find a hard-landscaped front garden and a rear garden suitable for entertaining or relaxing in privacy. With nearby amenities and transport links enhancing accessibility, this property stands as an appealing project for investors or homeowners looking to create their ideal residence.

Investment Analysis

(NR2 area)

Above Market Value

This property is priced +14.5% above area average per sq ft

+14.5%
This Property
£373/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£318
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£504,492
10% above area average per sq ft
Potential ROI
-12.3%
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 -3.2% over the last 12 months
3 year growth: +5.4%
5 year growth: +9.0%
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

Alexandra Road, Norwich, Norfolk, NR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,983
Based on a loan of £393,750 over 30 years at 4.45% 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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