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Cringleford NR4

East of England

£550,000

Listed on 28/06/2026

Property details

Bedrooms
2
Type
Detached
Area
1604 sqft

Description

This detached residence in Cringleford is a promising investment opportunity, featuring a well-thought-out layout and ample living space. The entrance hall ushers you into a spacious lounge that overlooks the rear garden, complementing the kitchen diner and an additional reception room on the ground floor, alongside a cloakroom for convenience. Upstairs reveals a principal bedroom with built-in wardrobes and access to a sizeable private balcony, while a second double bedroom enjoys the benefits of a modern en-suite. Rounding off the first floor are two more versatile rooms and a family bathroom, offering further potential for reconfiguration or upgrades. Externally, the property boasts a generous private driveway, an adjoining garage, and an expansive garden that can be transformed into an oasis. Located in one of Norwich’s sought-after areas with excellent local amenities and transport links, this home presents an exceptional chance for anyone looking to create their ideal family abode.

Investment analysis

(NR4 area)

Above Market Value

This property is priced +3.6% above area average per sq ft

+3.6%
This Property
£343/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£403
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£583,752
10% above area average per sq ft
Potential ROI
-2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR4)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -6.8%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on NR4 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

Cringleford NR4
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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
£2,078
Based on a loan of £412,500 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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