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Penryn Close, Norwich NR4

East of England

£325,000

Listed on 28/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1488 sqft

Description

Located adjacent to the UEA campus, this detached property occupies a generous plot and presents an appealing opportunity for buyers interested in renovation and extension. Without onward chain complications, this home is situated in a tranquil cul-de-sac within a friendly residential community. The property offers ample living space that can be updated or reconfigured to suit personal preferences. While it currently requires modernization throughout, its strong structure and flexible layout make it ideal for first-time buyers or investors looking for a project with considerable potential to add value. The large garden enhances the appeal, providing further scope for landscaping or outdoor use. This well-positioned residence ensures easy access to local amenities, transport links to Norwich city centre, and surrounding green spaces, making it an attractive proposition for those wishing to create their dream home in a sought-after location.

Investment analysis

(NR4 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£218/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
£541,535
10% above area average per sq ft
Potential ROI
+44.4%
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

Penryn Close, Norwich 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
£1,228
Based on a loan of £243,750 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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