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York Street, Norwich

East of England

£220,000

Listed on 22/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
949 sqft

Description

This traditional terrace presents a remarkable opportunity for buyers looking to invest in a renovation project that allows for complete personalisation. The property requires extensive refurbishment throughout, offering a distinctive canvas to reimagine and enhance. The layout includes two separate reception rooms, providing flexibility for redesign, alongside a galley-style kitchen and ground floor bathroom, making it well-suited for future upgrades. The upper level features two spacious double bedrooms, with the rear bedroom enjoying its own en-suite shower room—a rare commodity in similar properties. A low-maintenance courtyard garden offers potential for landscaping or creating an inviting outdoor space. With two bathrooms and ample living areas, this home is an exciting prospect for those keen on renovation whether as an investment or a long-term residence. Located within Norwich's desirable NR2 postcode, known for its vibrant community and independent businesses, this property is conveniently situated close to local amenities and transport links, enhancing its appeal as a valuable investment.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£232/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£318
Avg Yield
6.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£339,789
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

York Street, 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
£831
Based on a loan of £165,000 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

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