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Silver Road, Norwich

East of England

£290,000

Listed on 09/06/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
1278 sqft

Description

This distinctive end-terrace property combines a commercial space on the ground floor with residential accommodation above, offering a prime opportunity for those looking to invest or create a live/work environment. The layout is currently configured to accommodate a successful acupuncture practice, featuring a spacious reception area, treatment room, office, and kitchen, as well as a convenient WC. This setup allows for clear separation of work and home life but also presents the potential for reconfiguration into fully residential use (subject to necessary permissions). The first floor boasts a bright lounge and three bedrooms that provide ample flexibility for families or individuals in need of additional office space. A modern shower room serves all bedrooms effectively. Externally, the property includes an easy-to-maintain paved courtyard garden and the valuable feature of off-road parking—a rare find in this central location. Situated in the sought-after NR3 area of Norwich, this property benefits from strong local amenities such as shops, schools, and green spaces including Mousehold Heath. With its excellent transport links to Norwich city centre and surrounding areas, this property holds significant investment potential whether continued as a mixed-use dwelling or transformed entirely into a spacious family home.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£227/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
£403,183
10% above area average per sq ft
Potential ROI
+22.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Silver 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
£1,096
Based on a loan of £217,500 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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