Armes Street, Norwich NR2
East of England
£195,000
Listed on 25/08/2026
Listed on 25/08/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
753 sqftFeatures
- Garden
Description
This terraced home has a front living room leading through to a separate dining room with doors to the rear garden. A galley kitchen sits at the back of the house, with fitted units, appliances and storage, and a ground-floor bathroom with a three-piece suite is positioned beyond it.
Upstairs are two double bedrooms and a smaller third room that could be used as a study, dressing room, nursery or storage space. The rear garden is mainly lawn. The property is in Norwich's NR2 area, within reach of the city centre, local shops, cafés, restaurants, schools and nearby parks. Rated EPC D, it offers scope for a new owner to update and personalise the accommodation.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
69out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £195,000, this is priced around 19.7% below the local average per square foot, making the asking price a clear opportunity to acquire a two-bedroom terraced home in NR2. The rooms shown look usable, with scope to personalise the dated finishes; the galley kitchen and older bathroom suite offer options for a refresh, while clearing and tidying the overgrown rear garden could make better use of the outdoor space. The estimated renovation range is £7,000–£15,000, so this is a relatively light project rather than a full refurbishment.
Key opportunities
- Acquire below the local average £/sqf and personalise the dated interior finishes.
- Refresh the galley kitchen and bathroom to suit a new owner's style.
- Clear and maintain the rear garden to make the outdoor space more inviting.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£737
Based on a loan of £146,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-11.4% since listed
£195,000£15,000(-7.1%)
16/10/2026£210,000£10,000(-4.5%)
10/09/2026£220,000Initial listing
26/08/2026Services
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