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Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 1
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Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 3
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Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 5
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Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 7
Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 8
Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 9
Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 10
Norwich Road, WYMONDHAM, Norfolk, NR18 - Image 11

Norwich Road, WYMONDHAM, Norfolk, NR18

East of England

£325,000
Listed on 21/04/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1456 sqft

Description

This three-bedroom home, positioned on a spacious corner plot, presents an excellent opportunity for renovation and personalization. While the property requires some updating, it features a versatile layout that includes a sizable lounge/dining area, a functional kitchen, and a shower room. An attic room offers additional potential for conversion into usable space, pending necessary planning approvals. The wrap-around garden enhances the appeal of this home by providing ample outdoor space, with possibilities for expansion to better suit your lifestyle. The inclusion of a garage and off-road parking adds to the practicality of this residence. Located conveniently near the town center, residents will benefit from easy access to local amenities such as Waitrose and reliable public transport links. This property is well-suited for families seeking to create their ideal living environment or for investors looking to capitalize on its renovation potential. A viewing is recommended to fully understand the opportunities that this property has to offer.

Investment Analysis

(NR18 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£223/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£515,075
10% above area average per sq ft
Potential ROI
+26.8%
After renovation
Monthly Sales
12
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NR18)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -1.2%
5 year growth: 11.4%
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

Norwich Road, WYMONDHAM, Norfolk, NR18
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