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Thornham Road, Norwich, Norfolk - Image 1
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Thornham Road, Norwich, Norfolk

East of England

£260,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
775 sqft

Description

This three-bedroom semi-detached bungalow presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. Situated in a desirable area just a couple of miles from Norwich City Centre, the home is surrounded by various local amenities, making it ideal for families and investors alike. Upon entering, you'll be greeted by an entrance hall that connects to all main rooms. The generous-sized living space includes a bright master bedroom featuring a bay window, alongside two additional well-sized bedrooms that share a family shower room equipped with a walk-in shower. The spacious living room flows into a separate dining area leading to the kitchen, offering versatility for future layouts. Outside, the property sits on a substantial plot with both front and rear gardens. The driveway provides off-road parking for several vehicles and leads to the garage, while the expansive rear garden offers privacy and could be transformed or extended (subject to planning permission). This charm of this location is complemented by local shops, parks, and popular schools within close proximity. With no onward chain, this bungalow is ready for new owners to put their personal touch on it and create their ideal home.

Investment Analysis

(NR7 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£335/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£267,088
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -2.7%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on NR7 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

Thornham Road, Norwich, Norfolk
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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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