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Rook Drive, Taverham NR8 - Image 1
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Rook Drive, Taverham NR8

East of England

£240,000
Listed on 28/04/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
646 sqft

Description

This two-bedroom end-terrace house presents a solid investment opportunity for those looking to enter the property market or enhance their portfolio. The entrance opens into a spacious sitting room that offers flexibility for various layouts, ideal for both relaxation and entertaining. This area flows into the kitchen, which boasts ample storage and counter space, providing a functional workspace that could benefit from contemporary upgrades to align with modern design trends.

Upstairs, the two sizeable double bedrooms are filled with natural light thanks to large windows, each providing space for essential furniture and personal touches. The bathroom features contemporary fittings but could be refreshed to maximize its potential. The property is well-maintained overall, with neutral decor serving as a blank canvas ready for your personal vision.

The outside area includes a generous rear lawn and patio, perfect for outdoor living or potential landscaping projects. With private parking available as well, this home combines convenience with potential for those willing to invest in some updates. Set within close proximity to local amenities and transport links, this property is ripe for personalization or even future expansion—making it an excellent choice for buyers keen on enhancing both value and comfort over time.

Investment Analysis

(NR8 area)

Above Market Value

This property is priced +20.9% above area average per sq ft

+20.9%
This Property
£372/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£218,403
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR8)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.4%
5 year growth: +15.9%
Investment Disclaimer: Analysis based on NR8 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

Rook Drive, Taverham NR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£850
Based on a loan of £180,000 over 30 years at 3.91% 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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