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Gorse Road, Thorpe St Andrew, Norwich NR7 - Image 1
Gorse Road, Thorpe St Andrew, Norwich NR7 - Image 2
Gorse Road, Thorpe St Andrew, Norwich NR7 - Image 3

Gorse Road, Thorpe St Andrew, Norwich NR7

East of England

£250,000
Listed on 26/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
657 sqft

Description

This semi-detached bungalow, built in the 1950s, offers two bedrooms and two reception rooms situated on a generous plot, featuring a well-maintained garden. Located in the desirable suburb of Thorpe St Andrew, the property benefits from a peaceful residential atmosphere while being close to local amenities and green spaces. The interior layout presents flexible accommodation options. The current configuration includes a lounge and dining room that could be reimagined for contemporary open-plan living, perfect for entertaining. Additionally, there is potential to reinstate a third bedroom if desired. The property also allows for rear extensions, which could enhance the living space significantly. The driveway provides ample off-road parking, an attractive feature for families or visitors. Gas-fired central heating is already installed, ensuring comfort throughout the seasons. This bungalow is not only a cozy home but also represents a significant opportunity for renovation and investment. Whether you wish to modernize the existing layout or expand upon it, there's potential here to create something truly special that meets your needs while increasing value over time. With the right vision and updates, this property could transform into an appealing family home or an attractive rental investment in a sought-after location.

Investment Analysis

(NR7 area)

Above Market Value

This property is priced +21.3% above area average per sq ft

+21.3%
This Property
£381/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£226,711
10% above area average per sq ft
Potential ROI
-27.5%
After renovation
Monthly Sales
34
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +11.0% over the last 12 months
3 year growth: 0.3%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on NR7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Gorse Road, Thorpe St Andrew, Norwich NR7
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