Worst House on the Street Logo
Sir Edward Stracey Road, Rackheath NR13 - Image 1
Sir Edward Stracey Road, Rackheath NR13 - Image 2
Sir Edward Stracey Road, Rackheath NR13 - Image 3

Sir Edward Stracey Road, Rackheath NR13

East of England

£300,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1721 sqft

Description

This three-bedroom home in the village of Rackheath presents a substantial opportunity for renovation and personalization in a growing community. The property showcases a practical layout that offers significant potential for modern updates while maintaining its original charm. The ground floor accommodates two spacious reception areas along with a large conservatory, creating an inviting atmosphere for everyday living or entertaining. Additional conveniences include a utility room and a downstairs WC, enhancing functionality. Upstairs, three well-sized bedrooms await your reimagining, and the generous bathroom provides ample space for future enhancements. The expansive garden, featuring patio areas, lawn space, and outbuildings, lends itself to peaceful outdoor enjoyment or gardening pursuits. A wide driveway and garage add further parking and storage solutions. This is a great opportunity for those looking to invest in a property that can be tailored to individual tastes while benefiting from the serene village lifestyle. Set within the welcoming confines of Rackheath, this home offers both tranquility and close proximity to Norwich's amenities. The village combines local conveniences with community spirit, making it ideal for families or those seeking a relaxed lifestyle with access to nature trails and the Broads National Park.

Investment Analysis

(NR13 area)

Below Market Value

This property is priced -45.2% below area average per sq ft

-45.2%
Potential saving
This Property
£174/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£601,816
10% above area average per sq ft
Potential ROI
+77.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NR13)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on NR13 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

Sir Edward Stracey Road, Rackheath NR13
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE