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St Hilda Close, Dereham

East of England

£200,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This semi-detached bungalow is conveniently located within a short stroll to the town centre, providing easy access to various shops, amenities, and transport services. While the layout offers a functional living space, there is significant potential for modernisation that would allow a new homeowner to tailor the property according to their individual taste and lifestyle preferences. The interior boasts a spacious lounge filled with natural light, creating an inviting environment. The kitchen and dining area present practical features but are ripe for refurbishment to enhance both aesthetics and practicality. A bright garden room adds extra versatility, suitable for use as a dining space, relaxation area, or even a home office. The two generously-sized double bedrooms offer ample room for improvement to meet personal standards. Additionally, the shower room presents another opportunity for updating in line with contemporary styles and fixtures. The property benefits from gas central heating and double glazing throughout, contributing to energy efficiency. Externally, the low-maintenance garden provides an easy-to-manage outdoor area complemented by a detached timber garage that offers additional storage or parking possibilities. With no upward chain involved, this bungalow represents an excellent prospect for buyers keen on investing in a property with solid foundations in a desirable location that awaits personalisation and modernisation. Dereham itself is a vibrant market town that blends historical features with contemporary living. Free parking allows visitors to explore local restaurants, pubs, cafes or enjoy leisurely shopping trips. Additional attractions include museums, leisure centers, golf courses and schools within close proximity. Enthusiasts of nature can enjoy nearby spots like Neatherd Moor and Vicarage Meadow. Slightly further afield are historic sites such as the ruins of the Saxon Cathedral at North Elmham and various outdoor parks perfect for wildlife watching. Norwich’s reliable transport links connect drivers easily into the city center as well as providing rail access to London via Liverpool Street.

Investment Analysis

(NR19 area)
Area Average
£262/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -9.4%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on NR19 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

St Hilda Close, Dereham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% 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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