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Albany Road, Norwich

East of England

£175,000

Listed on 08/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
836 sqft

Description

This two-bedroom mid-terrace house offers a significant opportunity for renovation and personalization, making it an ideal choice for first-time buyers or investors seeking a project in a desirable residential area. The property features a spacious layout with a welcoming entrance hall that leads into a large lounge and separate dining area—perfect for entertaining or family life. At the rear, you'll find a fitted kitchen providing access to a convenient ground floor WC. Upstairs, the home offers two generously sized double bedrooms along with a family bathroom that is accessed through the principal bedroom. With its traditional terraced design and plenty of potential for cosmetic upgrades throughout, this property invites those looking to inject their own style and finish. A viewing is recommended to fully appreciate the size and renovation possibilities available here.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -27.0% below area average per sq ft

-27.0%
Potential saving
This Property
£209/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£263,741
10% above area average per sq ft
Potential ROI
+22.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NR3)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -5.8%
5 year growth: +9.3%
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

Albany Road, 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
£661
Based on a loan of £131,250 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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