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Spencer Street, Norwich, Norfolk - Image 1
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Spencer Street, Norwich, Norfolk

East of England

£375,000

Listed on 29/06/2026

Property details

Bedrooms
4
Type
End Of Terrace
Area
1421 sqft

Description

This property features a spacious ground floor layout, showcasing a sizable reception room measuring 27'11" x 19'2", accompanied by a dining room and a generous kitchen/diner spanning 19'2" x 12'11". Additionally, a lean-to offers extra utility or storage potential. The existing layout presents an excellent opportunity for reconfiguration or modernization, making it ideal for those wishing to transform it into a contemporary family dwelling. On the upper level, the home contains four well-sized bedrooms: two substantial doubles (13'2" x 12'9" and 13'2" x 11'7"), a third bedroom suited for various uses, and a fourth that could function as an office or nursery. A family bathroom rounds out the first floor's offerings. Externally, the property includes driveway parking and a garage, situated on an end-terrace plot that affords privacy while also having the potential for landscaping or expansion, subject to planning approvals. Located on Spencer Street in NR3, this residence benefits from proximity to local amenities, green spaces, schools, and Norwich city centre. In terms of energy efficiency, with an EPC rating of E54 and potential improvements possible to achieve C79, there are numerous avenues to enhance comfort while reducing energy costs. This solidly built home is equipped with gas central heating and multiple glazing options. Overall, this chain-free property presents a significant renovation opportunity for buyers keen on personalisation and improvement in one of Norwich's highly desirable areas.

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Investment analysis

(NR3 area)

Below Market Value

This property is priced -7.2% below area average per sq ft

-7.2%
Potential saving
This Property
£264/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£247
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£444,702
10% above area average per sq ft
Potential ROI
+4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -4.5%
5 year growth: +7.9%
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

Spencer Street, Norwich, Norfolk
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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
£1,417
Based on a loan of £281,250 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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