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Wonderfully Positioned with Scope to Extend in Gressenhall

East of England

£300,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
927 sqft

Description

Nestled in the heart of Gressenhall, this three-bedroom detached bungalow offers an array of possibilities for renovation and personalisation. The property features generous gardens that provide a backdrop of privacy and tranquillity, perfect for those looking to cultivate their outdoor space further. Inside, the welcoming hallway leads to a bright sitting room bathed in natural light from large windows that frame stunning garden views. The central fireplace serves as a charming focal point, ideal for cozy evenings. While the kitchen is functional and spacious, it presents an opportunity for modern upgrades or a complete redesign to suit your culinary needs. The three bedrooms are well-sized and adaptable, providing excellent options for family living, guest accommodation, or home office spaces. Although the bathroom is practical, there is room for a stylish makeover to enhance its functionality and aesthetic appeal. The expansive gardens not only offer a serene oasis but also the potential for future extensions or reconfigurations (subject to planning permissions). Additionally, the detached garage and private driveway add convenience and storage solutions. Located in a village known for its rich community spirit and beautiful countryside landscapes, Gressenhall allows easy access to local amenities in Dereham as well as major routes like the A47 towards Norwich. This property stands out as an excellent investment opportunity with ample scope for refurbishment.

Investment Analysis

(NR20 area)

Above Market Value

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

+12.2%
This Property
£324/sq ft
Area Average
£288/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£294,132
10% above area average per sq ft
Potential ROI
-14.7%
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
12%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -1.2%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on NR20 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

Wonderfully Positioned with Scope to Extend in Gressenhall
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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