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Falcon Road West, Sprowston, Norwich - Image 1
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Falcon Road West, Sprowston, Norwich

East of England

£220,000

Listed on 21/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1188 sqft

Description

Located in the sought-after area of Sprowston, this semi-detached chalet bungalow features a spacious layout with three bedrooms and offers significant potential for modernization. The original design has been altered to provide an expansive open-plan living area that could be reverted to a separate ground-floor bedroom if desired. The home includes two additional bedrooms on the first floor, added during a conversion in the 1970s. While the property requires some updating throughout, it serves as an ideal canvas for those looking to personalize their living space. Outside, you'll find a generous south-facing rear garden, complemented by a garage and driveway for convenient off-road parking. With no onward chain, this property represents a promising opportunity for imaginative buyers and investors alike.

Investment analysis

(NR7 area)

Below Market Value

This property is priced -40.9% below area average per sq ft

-40.9%
Potential saving
This Property
£185/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£409,747
10% above area average per sq ft
Potential ROI
+60.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Falcon Road West, Sprowston, 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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