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Sheffield Road, Wymondham, NR18 0HS

East of England

£235,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
782 sqft

Description

This three-bedroom freehold bungalow is nestled in the sought-after market town of Wymondham, offering a solid foundation for renovating or investing. The property features a spacious lounge and a functional kitchen, along with three bedrooms and a family bathroom, catering to families or individuals looking to downsize. The outdoor space includes a secure, fenced rear garden that presents ample opportunity for landscaping or potential expansion, subject to planning permissions. This area can be transformed into an inviting outdoor retreat. Although the bungalow would benefit from modernization, it serves as an excellent blank canvas for buyers eager to create a personalized living space. Its location in a thriving neighborhood ensures access to local amenities, reputable schools, and convenient transport links, making it attractive for future resale or rental possibilities. Investors may find this property particularly appealing due to its renovation potential and the growing demand in the area. With thoughtful updates and improvements, it could significantly enhance its value over time while providing comfortable living options in a popular residential setting.

Investment Analysis

(NR18 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£301/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£274,232
10% above area average per sq ft
Potential ROI
-0.3%
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

Sheffield Road, Wymondham, NR18 0HS
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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
£861
Based on a loan of £176,250 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