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18 Sheep Meadow Close, Norwich, Norfolk NR5 0QQ - Image 1
18 Sheep Meadow Close, Norwich, Norfolk NR5 0QQ - Image 2
18 Sheep Meadow Close, Norwich, Norfolk NR5 0QQ - Image 3

18 Sheep Meadow Close, Norwich, Norfolk NR5 0QQ

East of England

£100,000Guide Price

Listed on 11/09/2026

The listing

Property details

Bedrooms
2
Type
Town House

Description

This two-bedroom terraced house presents a promising opportunity for refurbishment and modernization, making it an ideal investment for those looking to add value. The property is situated in a popular residential area, known for its strong demand for buy-to-let properties. Local amenities, shops, and transport links are conveniently close, enhancing its appeal for future tenants or homeowners. Offered at auction on 30 September 2026, this property is a canvas awaiting your vision. Prospective buyers are encouraged to conduct their own inspections and inquiries prior to bidding, as all sales will be binding upon exchange of contracts.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

45out of 100
Grade ELow opportunity

Confidence: LOW

This 2-bedroom terraced house is being offered at a guide price of £100,000, which stands out as an attractive opportunity when compared to the local average sale price of £274,720. While the property does require refurbishment and modernisation, its low entry price suggests a potential for value addition for those willing to take on the project. The location is in a popular residential area with strong demand for buy-to-let properties, enhancing its investment appeal.

However, the absence of usable floor area data limits the ability to assess the property's value fully, capping its opportunity score. The overall condition indicates that it will need a light refurbishment typical of many properties in the area, but careful buyers will see a canvas ready for improvement. With a solid foundation to work from, this listing provides a chance to create a desirable home or rental asset, despite its current dated interiors.

Key opportunities

  • Low guide price compared to local market average, presenting a chance for good investment returns.
  • Located in a sought-after area with strong local demand for rental properties.
  • Potential for significant value addition through refurbishment and modernisation.

Key risks

  • Limited data on floor area and renovation estimates may affect overall investment assessment.
  • The property will require a light refurbishment, which could lead to unforeseen costs.

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Map

Location

18 Sheep Meadow Close, Norwich, Norfolk NR5 0QQ
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£378
Based on a loan of £75,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

Next steps

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