Brown & Co says ..

Property Oracle says ..

This property on Wroxham Road, Norwich, is a substantial detached home with considerable potential but requiring extensive renovation. The six-bedroom, three-bathroom house presents a large footprint and benefits from a large garden. The property’s age is evident in its architectural details such as the intricate staircase and high ceilings. However, the images reveal a need for modernization throughout: dated decor, worn flooring, and outdated bathrooms are clearly visible. The kitchen and bathrooms appear particularly in need of an upgrade. There are multiple outbuildings shown in the photographs. The property’s location within Sprowston East provides access to local schools and is relatively close to Norwich city center. The significant plot size represents a notable advantage, offering ample space for potential extensions or alternative uses of the land, which may outweigh the cost of renovation for some buyers. The property is listed at £795,000, which, when considering the extent of renovation needed, represents a high cost relative to similar properties, however the size of the property and the large grounds could possibly justify the price. The lack of sqft data for nearby properties makes a thorough price comparison challenging. A potential buyer would need to factor in substantial renovation costs into their financial calculations. This property would appeal to buyers looking for a project property, with a significant amount of space and the possibility of extensive development. Overall, this is a property with significant potential for significant added value after the necessary renovation is complete.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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