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The Green, Gressenhall

East of England

£190,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
746 sqft

Description

This delightful 2-bedroom semi-detached cottage, set in the picturesque village of Gressenhall Green, presents a remarkable opportunity for those looking to invest in a property with renovation potential. The home is well-kept yet offers a blank slate that allows for personalization and modernization. It is available with no onward chain, making it easier for prospective buyers to envision their transformation plans. With the possibility of extending the property, pending necessary planning approvals, there is substantial flexibility for enhancing living spaces and adding value. Character features such as period fireplaces and a charming garden provide both charm and potential for improvement, ensuring that this cottage could become a true reflection of your personal style. Located amid the tranquil Norfolk countryside, this property benefits from proximity to local amenities including schools and shops while being conveniently three miles from Dereham's vibrant market town. The setting promises easy access to scenic walks and community spirit, reinforcing its appeal as a family-friendly investment or a peaceful retreat. The accommodation comprises a light-filled lounge with an inviting feature fireplace, leading into a kitchen/dining area that provides both space and functionality. Upstairs are two spacious bedrooms, each with unique character elements. The enclosed rear garden holds promise for creative landscaping or gardening efforts to cultivate your personal outdoor sanctuary.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£255/sq ft
Area Average
£291/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£238,589
10% above area average per sq ft
Potential ROI
+3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +9.2%
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

The Green, Gressenhall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 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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