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Nelonde Drive, Wymondham

East of England

£240,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
737 sqft

Description

This semi-detached bungalow offers a promising investment opportunity with its three bedrooms, off-road parking, garage, and a private garden that requires minimal upkeep. Located in a quiet cul-de-sac in Wymondham, the property is just a short distance from local amenities, including high-performing schools and supermarkets. The interior comprises a spacious lounge/dining area with double doors opening to the garden, along with a kitchen that also allows garden access. While the large main bedroom and two additional rooms are functionally laid out for comfortable living, the home does require modernization to fully realize its potential. This gives prospective buyers the unique advantage of customizing their living space to their tastes. The wet-room completes this layout efficiently. With good transport links to Norwich and other major towns, this property is an excellent candidate for renovation and personal touch.

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Investment analysis

(NR18 area)

Above Market Value

This property is priced +2.9% above area average per sq ft

+2.9%
This Property
£326/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£256,668
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR18)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -8.3%
5 year growth: +2.1%
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

Nelonde Drive, Wymondham
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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.

Stamp duty calculator

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