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Alexandra Road, Norwich, Norfolk NR2 - Image 1
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Alexandra Road, Norwich, Norfolk NR2

East of England

£300,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
882 sqft

Description

This three-bedroom Victorian terrace house, situated in the sought-after Golden Triangle area of Norwich, presents a valuable opportunity for renovation and investment. Located within the Avenues & Recreation School catchment, this property features two reception rooms, a kitchen, a utility room, and a WC on the ground floor. The first floor comprises all three bedrooms and the family bathroom. Although equipped with gas central heating and double glazing throughout, the home requires modernisation to unlock its full potential. The rear garden is generously sized, primarily laid to lawn, and includes a timber shed and workshop/store, offering additional utility or redevelopment possibilities. With no onward chain, this property is perfect for buyers looking to personalise their space while benefiting from its prime location within walking distance to Norwich’s vibrant centre and local amenities.

Investment Analysis

(NR2 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£340/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£314
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£317,207
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR2)

Area prices are falling by -3.3% over the last 12 months
3 year growth: +4.6%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on NR2 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

Alexandra Road, Norwich, Norfolk NR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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