We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NR18 0JW
Listing removedReduced £15k (−7%) on 21 JunListed 432 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In summary No chain.
Tucked away at the very top of this popular close sits a mid-terraced house perfectly positioned to be within short walking distance to fantastic schooling and public transport links.
Formally being a very successful long-term rental, the property has undergone a recent rejuvenation giving a bright and inviting living space throughout including a 15’ open sitting room with fully fitted kitchen and ground floor WC.
The first floor landing splits to give access to three bedrooms all of which having use of the three piece family bathoom and fully enclosed rear garden whilst two allocated parking spaces sit to the front of the home.
Setting the scene The property is tucked away at the top of this quiet and popular close where an opening to the right hand side of the street through mature hedges takes you towards an allocated off road parking section where two spaces are left for this home.
To the very front of the home a tiled and pitched awning sits above the front door with external storage space to your left immediately.
The grand tour Once inside a central hallway grants access to all living accommodation within the property as well as a handy coat and shoe storage cupboard with two piece WC immediately to your left featuring a low level radiator and vinyl flooring.
Sitting adjacent to this is the fully fitted kitchen with a mixture of wall and base mounted storage units alongside tiled splashbacks all leaving room for freestanding appliances with an inset chrome sink with our uPVC double glazed window to the front of the room.
Towards the rear of the home an open 15’ living space comprises the sitting and dining area with more than enough space to accommodate both the sitting and dining room suites with access door taking you directly into the rear garden and staircase taking you towards the first floor.
The first floor landing splits in both directions taking you into all three of the bedrooms with the three piece family bathroom suite being located in the very middle with a predominantly tiled surround, shower head over the bath and tall heated towel rail.
The larger of the bedrooms comes to your right hand side with a double rear facing aspect allowing natural light to fill the room - the space is more than large enough to accommodate a large double bed with additional soft furnishings and storage solutions whilst benefiting from a built in storage cupboard.
Two smaller bedrooms sit on the adjacent side of the home with a front facing aspect, both of which have carpeted flooring and uPVC double glazed windows.
These rooms could potentially be knocked through to make one larger double bedroom if so desired.
Find us Postcode : NR18 0JW What3Words : ///dividers.fools.reason Virtual tour View our virtual tour for a full 360 degree of the interior of the property.
EPC Rating: C Location The property is located in the market town of Wymondham, and within walking distance to a very good range of everyday amenities including shops, leisure centre and doctors surgery.
Situated approximately 10 miles south west of Norwich, fantastic access leads to the A11. The town also has a railway station with direct trains to Norwich to Cambridge.
Excellent schooling can be found at Wymondham College & Wymondham High School, both are highly thought of within the area.
Garden The great outdoors The rear garden is fully enclosed to both sides and the very rear with timber panel fencing leaving a private lawn space with flagstone path taking you towards a rear swinging timber gate.
Disclaimer Anti-Money Laundering (aml) Fee Statement: To comply with hmrc's regulations on Anti-Money Laundering (aml), we are legally required to conduct aml checks on every purchaser once a sale is agreed.
We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks are £50 including VAT per person, payable in advance after an offer has been accepted.
This fee is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
General Disclaimer: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 34 Melton Close, Wymondham
Explore nearby