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Dover Street, Norwich NR2

East of England

£240,000

Listed on 25/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
761 sqft

Description

Nestled in the desirable NR2 area, this mid-terrace property presents a significant opportunity for renovation enthusiasts or investors. Its proximity to Norwich city centre ensures easy access to a wealth of amenities, while the vibrant surroundings provide a pleasant residential atmosphere. The ground floor features two spacious reception rooms that facilitate versatile living arrangements, along with a kitchen that is well-positioned for updates and modernization. A classic three-piece bathroom completes this level. Moving upstairs, you'll find three bedrooms—two generous doubles and a flexible single ideal for use as an office or guest space. The bisected garden is complemented by a brick-built outbuilding, adding valued storage options. Given its location and layout, this property is ripe for enhancement, making it an excellent canvas for those looking to create their ideal home or invest wisely in a thriving area.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -3.1% below area average per sq ft

-3.1%
Potential saving
This Property
£315/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£318
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£272,476
10% above area average per sq ft
Potential ROI
+2.8%
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 -3.2% over the last 12 months
3 year growth: +5.4%
5 year growth: +9.0%
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

Dover Street, Norwich NR2
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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
£907
Based on a loan of £180,000 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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