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Archer Close, Norwich

East of England

£280,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1130 sqft

Description

This detached three-bedroom house offers considerable potential for those looking to make their mark on a property. Nestled on a corner plot, it features generous off-road parking and an enclosed rear garden. While the home is spacious and well-presented, it does require modernization throughout, making it an excellent choice for buyers eager to personalize their living space and enhance its value. The ground floor boasts a sizable lounge exceeding 17ft, perfect for family gatherings, alongside a fitted kitchen that leads into a conservatory providing lovely views of the garden. An additional room currently utilized as Bedroom 3 presents flexible options for use as a guest room, home office, or dining area. A convenient ground-floor W.C. and welcoming entrance hall further complement this level. Upstairs, you'll find two good-sized double bedrooms and a family bathroom awaiting updates. Externally, the property benefits from a detached garage and has significant scope for improvement (subject to necessary permissions). Viewing is encouraged to fully grasp the possibilities this home holds.

Investment Analysis

(NR6 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£248/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£374,578
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR6)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -7.3%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on NR6 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

Archer Close, Norwich
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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
£1,058
Based on a loan of £210,000 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

Price History

-5.1% since listed
£280,000£15,000(-5.1%)
16/06/2026
Current price
£295,000Initial listing
04/06/2026

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