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Thornham Road, Norwich, Norfolk

East of England

£290,000
Listed on 04/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
722 sqft

Description

This semi-detached bungalow presents a blank canvas for those eager to infuse their personal touch. Located in a desirable area near local amenities, the property boasts two generously sized bedrooms equipped with built-in wardrobes, a family shower room featuring a walk-in shower, and an expansive living space complemented by a separate dining area that opens onto the garden via patio doors. The kitchen connects conveniently to a large utility room with additional built-in storage and its own access to the outdoor space. Set on a spacious plot, the outside includes a shingled garden at the front, accompanied by off-road parking and a garage. The rear garden is particularly noteworthy—its vast size offers significant potential for extensions (subject to planning permission). With no onward chain, this property is ideal for investors or homeowners looking to renovate and capitalize on its investment potential. Situated just 2 miles from Norwich City Centre, Sprowston's local shops and schools enhance its appeal for families and professionals alike.

Investment Analysis

(NR7 area)

Above Market Value

This property is priced +28.0% above area average per sq ft

+28.0%
This Property
£402/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£249,141
10% above area average per sq ft
Potential ROI
-24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -1.5%
5 year growth: +15.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,027
Based on a loan of £217,500 over 30 years at 3.91% 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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