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Orchard Way, Wymondham, Norfolk, NR18 - Image 1
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Orchard Way, Wymondham, Norfolk, NR18 - Image 3
Orchard Way, Wymondham, Norfolk, NR18 - Image 4
Orchard Way, Wymondham, Norfolk, NR18 - Image 5

Orchard Way, Wymondham, Norfolk, NR18

East of England

£190,000
Listed on 25/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
656 sqft

Description

This semi-detached bungalow presents a unique opportunity for renovation in a sought-after location. Situated within walking distance of the town centre, it offers easy access to local amenities while maintaining a tranquil atmosphere. The property is set on a generous plot, allowing ample room for potential enhancements. Inside, the bungalow features two sizeable double bedrooms that overlook the rear garden, providing a peaceful retreat. The lounge benefits from natural light through its front-facing window and comes equipped with electric radiators and a TV point. The kitchen includes space for essential appliances and offers practical storage solutions, while the family bathroom has an electric shower over the bath for convenience. Additional storage can be found in the loft, which is accessible from the entrance hall. Each room is independently heated by electric radiators, giving you control over your heating preferences. The outdoor space consists of a spacious front lawn accessible via a pathway—ideal for gardening enthusiasts or those who enjoy outdoor relaxation. The rear yard is designed for minimal upkeep with paving and features a flowering cherry tree that adds a touch of charm to sunny afternoons. Additionally, there’s a garage measuring 15’7” x 8’2” located at the back, providing further utility. This bungalow holds significant potential for modernization and could serve as an excellent investment for first-time buyers or those looking to downsize. Its desirable location combined with renovation opportunities makes it an appealing option worth exploring further.

Investment Analysis

(NR18 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£290/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Target Value
£229,902
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Monthly Sales
21
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR18)

Area prices are falling by +2.9% over the last 12 months
3 year growth: -0.9%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on NR18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Orchard Way, Wymondham, Norfolk, NR18
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