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Thor Close, Norwich, Norfolk, NR7 0JT - Image 1
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Thor Close, Norwich, Norfolk, NR7 0JT - Image 8
Thor Close, Norwich, Norfolk, NR7 0JT - Image 9
Thor Close, Norwich, Norfolk, NR7 0JT - Image 10

Thor Close, Norwich, Norfolk, NR7 0JT

East of England

£250,000

Listed on 15/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
551 sqft

Description

This well-maintained two-bedroom detached bungalow presents a noteworthy opportunity for prospective investors or those looking to add personal touches through renovations. Positioned in the sought-after NR7 postcode of Thorpe St Andrew, this property offers the potential for an attractive residential retreat with easy accessibility to local amenities. The interior is filled with natural light, featuring spacious living areas that flow seamlessly, creating an inviting atmosphere ideal for entertaining or relaxation. The sitting room serves as a focal point, complete with large windows and a fireplace that adds character. While the space is already functional and stylish, there remains room for modern upgrades or cosmetic enhancements to increase desirability and value. The kitchen is equipped with contemporary cabinetry and high-spec appliances but could benefit from further customization to meet modern taste preferences. Each bedroom offers good dimensions and potential for transformation according to individual needs—whether it's enhancing storage solutions or redesigning layouts. The existing family bathroom showcases quality fittings but updating could enhance both comfort and appeal. Surrounded by green spaces and excellent transport links, this location not only supports a relaxed lifestyle but also represents significant investment potential due to its connectivity to Norwich City Centre and various employment hubs like Broadland Business Park. This bungalow stands out as an option for anyone ready to put their mark on a property while enjoying the comforts of single-level living.

Investment analysis

(NR7 area)

Above Market Value

This property is priced +44.7% above area average per sq ft

+44.7%
This Property
£454/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£190,043
10% above area average per sq ft
Potential ROI
-34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NR7)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -0.6%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on NR7 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

Thor Close, Norwich, Norfolk, NR7 0JT
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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
£944
Based on a loan of £187,500 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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