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Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 1
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 2
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 3
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 4
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 5
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 6
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 7
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 8
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 9
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 10
Orchard Way, Wymondham, Norfolk. NR18 0NX - Image 11

Orchard Way, Wymondham, Norfolk. NR18 0NX

East of England

£325,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1200 sqft

Description

This three-bedroom detached bungalow presents a valuable opportunity for those looking to invest in a property with renovation potential. Situated in the desirable Orchard Way area, the home is conveniently located just minutes from the historic town center, granting easy access to various amenities including shops, transport links to Norwich and Cambridge, and local leisure facilities. Encompassing approximately 1,200 square feet of living space, this bungalow features two bedrooms on the ground floor alongside a third located in the attic. The spacious living and dining area, measuring over 24 feet in length, opens onto a delightful veranda that overlooks an expansive rear garden measuring 80 by 50 feet. This outdoor space offers substantial room for gardening or future landscaping projects. The interior includes practical elements such as a kitchen with adjoining utility area and a bathroom equipped with a separate shower cubicle for added convenience. An entrance hall leads to an inviting layout that maximizes natural light throughout the living spaces. The property sits on a generous plot of approximately 130 by 50 feet, featuring dual driveways capable of accommodating up to four vehicles along with a garage that not only serves as storage but also holds potential for conversion into additional living space (subject to planning permission). The secluded garden includes several storage sheds and lush greenery, providing an ideal retreat while also presenting opportunities for further enhancement. With no onward chain, this bungalow is ready for new owners looking to make it their own or capitalize on its investment potential through renovations or modernization efforts. Its location and existing features make it an appealing option for those seeking both comfort and scope for development.

Investment Analysis

(NR18 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£271/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£420,816
10% above area average per sq ft
Potential ROI
+13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR18)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -4.1%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on NR18 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

Orchard Way, Wymondham, Norfolk. NR18 0NX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE