3-bedroom bungalow · NR18 0NG
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom, semi-detached bungalow with a garage, off-road parking and a private, low maintenance garden.
Not far from Wymondham's amenities, this property would benefit from some modernization to make it an ideal home.
Location Wymondham is a historic market town just 10 miles south of Norwich city centre.
The town benefits from a variety of good schooling, both primary and secondary, with Wymondham College in particular boasting an 'outstanding' Ofsted rating.
There are national supermarkets, including Waitrose and numerous small businesses in the town.
Buses link the surrounding towns and villages and the railway station provides a direct line into Norwich, Ely and Cambridge, with London commutable in around 2 hours.
The Property This three bedroom, semi-detached bungalow can be found in a quiet cul-de-sac location.
The lounge/dining room is a good-sized room, which can be found at the rear of the property, with double doors leading into the garden.
The kitchen is also to the rear of the property and provides access to the garden. There is a large main bedroom, a second double bedroom and a single bedroom, all offering space for furnishings.
An easily accessed wet-room completes the accommodation. This property is full of potential, with some modernisation required thus giving the buyers freedom to personalize their home.
Outside To the front of the bungalow there is a driveway providing off-road parking for at least three vehicles and giving access to the garage.
To the rear of the bungalow there is an enclosed, paved, private garden; an ideal low maintenance garden.
Services Mains electric, main water, mains drains and gas central heating How to get there What3words: ///parkland.concerts.leader Viewing By appointment with TW Gaze Freehold Council Tax: C Anti-Money Laundering, Terrorist Financing and Transfer of funds Regulations 2017.
In line with the regulations, TW Gaze are legally required to carry out AML due diligence checks on all proposed legal purchasers involved in the transaction.
A charge of £25.00 + VAT (£30.00 Inc VAT) processing fee is applicable for each purchaser once an acceptable offer is agreed. Ref: 2/20239
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
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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 Nelonde Drive, Wymondham
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