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Thompson Road, Norwich

East of England

£260,000

Listed on 20/07/2026

Property details

Bedrooms
3
Type
Semi Detached Bungalow
Area
739 sqft

Description

This three-bedroom bungalow in the desirable Thorpe St Andrew area, near Norwich, presents a fantastic opportunity for renovation and personalization. The property features a welcoming entrance hall leading to three bedrooms, all equipped with built-in storage solutions. The layout includes a living room that overlooks the gardens, a functional kitchen with wooden cabinets and a gas oven, alongside a utility room that provides practical space with direct garden access. The shower room is fitted with essential amenities but could benefit from modern updates. Outside, the property offers off-road parking and well-maintained front and rear gardens, ideal for landscaping or outdoor improvements. With no onward chain, this bungalow stands as an excellent investment prospect for those looking to enhance its charm and functionality.

Investment analysis

(NR7 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£352/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£254,885
10% above area average per sq ft
Potential ROI
-13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NR7)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -0.6%
5 year growth: +15.2%
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

Thompson Road, Norwich
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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
£982
Based on a loan of £195,000 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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