20 Horsford Street, Norwich, NR2 4LW

This two-bedroom semi-detached house presents a solid opportunity for those looking to invest in a property that requires updating. Priced at £120,000, it comes at a cheap headline compared to the local average sale price of £260,706, making it an appealing entry point for potential buyers. The property benefits from a rear garden and is conveniently located near various local amenities in Norwich, which adds to its value potential.

The interior shows signs of wear and is quite dated, with visible updates needed throughout, including the kitchen. However, this gives you a blank canvas to modernise and enhance the overall appeal of the home. With a renovation range of £40,000 to £80,000, there is significant scope for improvement that could lead to increased value in this desirable location. Overall, while the property does require a good amount of work, the initial asking price and its location present an opportunity worth considering for the right buyer.