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Glenmore Gardens, Norwich

East of England

£260,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1425 sqft

Description

This three-bedroom detached bungalow offers a solid foundation for those looking to undertake renovations or reconfigure the living space to suit modern needs. Set in a well-established residential area north of Norwich city centre, the property occupies a generous plot that provides ample potential for enhancements and expansion (subject to planning permission). With over 1,400 square feet of space, including an expansive loft room and a detached garage, this home is primed for transformation. The layout includes a welcoming entrance hall that connects to all main areas, with stairs leading up to the loft—an inviting space measuring over 27 feet long, ideal for conversion into additional living quarters or a home office. The main lounge is bright and airy with large windows and a traditional fireplace, flowing seamlessly into a dining area that opens onto a double-glazed conservatory. This versatile addition allows for an expanded living experience filled with natural light and views of the sizeable garden. In terms of functionality, the kitchen features wall and base units along with workspace and appliance integration. It also has direct access to the side of the house. The bungalow accommodates three bedrooms on the ground floor; two double rooms offer generous proportions while the third could serve as a nursery or study. The bathroom is equipped with essential fixtures including a panelled bath, WC, wash basin, and room for an additional shower if desired. Outside, the property boasts both front and rear gardens with established greenery. The front garden features lawned areas while the rear offers more space for outdoor relaxation or potential landscaping enhancements. A brick weave driveway provides convenient off-road parking alongside the detached garage situated at the end of the garden. Strategically located in north Norwich, this property benefits from easy access to local amenities such as supermarkets, independent shops, cafes along Drayton Road and Aylsham Road. Excellent public transport links make commuting into Norwich straightforward. Families will appreciate nearby schools and parks like Sloughbottom Park which contribute to an inviting community atmosphere. Given its characteristics and positioning within this desirable location, this bungalow holds significant renovation potential making it an enticing opportunity for buyers ready to create their ideal living space.

Investment Analysis

(NR3 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£182/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£253
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£434,981
10% above area average per sq ft
Potential ROI
+35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NR3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -1.7%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on NR3 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

Glenmore Gardens, Norwich
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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
£952
Based on a loan of £195,000 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