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Lark Rise, Mulbarton, Norwich, Norfolk NR14 - Image 1
Lark Rise, Mulbarton, Norwich, Norfolk NR14 - Image 2
Lark Rise, Mulbarton, Norwich, Norfolk NR14 - Image 3

Lark Rise, Mulbarton, Norwich, Norfolk NR14

East of England

£170,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
613 sqft

Description

This two-bedroom house located in the desirable village of Mulbarton, Norfolk, presents a significant opportunity for renovation enthusiasts or investors. Entering through the front porch, you'll find a practical storage area before stepping into the spacious open-plan lounge. The kitchen is generously sized, offering ample cabinetry and room for dining, with patio doors leading out to a private garden space that is fully enclosed. The first floor features two bedrooms: a double and a single, providing flexibility for various living arrangements. The bathroom has been updated to a wet room format for enhanced accessibility; however, it originally included a bath that could be reinstated to suit personal preferences. This property also includes off-road parking for multiple vehicles and comes with the added benefit of a single garage, making it an excellent candidate for modernization and improvement.

Investment Analysis

(NR14 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£277/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£209,168
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (NR14)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -10.8%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on NR14 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

Lark Rise, Mulbarton, Norwich, Norfolk NR14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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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