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Lloyd Road, Taverham NR8

East of England

£260,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
871 sqft

Description

This semi-detached bungalow, located in the tranquil suburb of Taverham, offers a promising investment opportunity for those looking to personalize their living space. Nestled on a generous corner plot, the property boasts ample off-road parking and a garage, making it particularly advantageous for buyers requiring extra storage or vehicle space. The peaceful environment enhances its appeal, providing a serene escape from daily life. Although the interior is currently dated and in need of modernisation, it presents an open canvas for potential homeowners to bring their vision to life. The flexible layout includes an entrance hall, lounge, kitchen/breakfast room, dining room, two bedrooms, and a bathroom, allowing for various configurations tailored to individual lifestyles. The outdoor space features a hardstanding courtyard at the rear and well-established front and side gardens laid to lawn with mature trees and shrubs. This property is sold with no onward chain, facilitating a quick sale—ideal for first-time buyers, downsizers keen on creating their ideal home or investors aiming to add value through renovations. Seize this chance to transform this bungalow into a contemporary dwelling in a highly sought-after area.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£299/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£278
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£292,077
10% above area average per sq ft
Potential ROI
-2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +0.6%
5 year growth: +17.7%
Investment Disclaimer: Analysis based on NR8 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

Lloyd Road, Taverham NR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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.

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