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Bluebell Road, Norwich NR4 - Image 1
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Bluebell Road, Norwich NR4

East of England

£290,000
Listed on 25/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
918 sqft

Description

Nestled in a quiet residential area of Norwich, this semi-detached home presents a promising opportunity for investors and renovators alike. Currently operating as a successful student rental, generating £1,400 per month, it is ideally located just steps away from the University of East Anglia and conveniently close to the city centre. The property boasts three bedrooms, a spacious sitting and dining room that opens into a bright conservatory, as well as a modern kitchen equipped with utility space. Recent updates include a new fuse box and security alarm, enhancing its appeal for potential tenants while ensuring safety and reliability. The outdoor space features a large lawned garden perfect for relaxation or potential landscaping projects, alongside off-road parking to accommodate residents' vehicles. There is also scope for extension (subject to planning permission), which could further increase the property's value and rental income potential. The surrounding area is well-served with local amenities, including convenience shops and supermarkets, making daily life easy without needing frequent trips into the city. Schools are accessible nearby, offering educational options for families. With transport links providing easy access to central Norwich via bus services and proximity to the railway station for regional travel, this property sits at the crossroads of convenience and investment potential.

Investment Analysis

(NR4 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£316/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£479
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£340,151
10% above area average per sq ft
Potential ROI
+0.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR4)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -5.5%
5 year growth: 8.6%
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

Bluebell Road, Norwich NR4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,062
Based on a loan of £217,500 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.

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