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Sandy Lane, Dereham

East of England

£475,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached cottage, located on a private road within a desirable area, presents an exciting investment opportunity for those looking to inject their personal touch. Set on a generous plot of 1.47 acres, the property not only comes with characterful features but also offers significant potential for extension or reconfiguration (subject to planning permission). The home is free from onward chain, facilitating a smoother transition for prospective buyers. Upon entering, visitors are greeted by an entrance hallway leading to a practical ground floor shower room. The living room boasts a welcoming ambiance, highlighted by a traditional fireplace that enhances its comfort during chilly evenings. Adjacent to the living area is a separate dining room that provides flexibility for family gatherings and entertaining guests, with direct access to a sunroom that showcases views over the garden. The kitchen, equipped with ample storage solutions and workspace, is ready for modernisation or could easily accommodate an open-plan design if desired. On the upper level, three spacious double bedrooms are serviced by a family bathroom suite. Externally, the property features a single garage and off-road parking suitable for multiple vehicles. The expansive gardens enveloping the home offer peaceful outdoor settings with landscaped lawns and private corners ideal for relaxation, while opposite lies an additional woodland plot of 0.56 acres. Located in Dereham, a well-equipped market town in Norfolk known for its range of independent shops and services, this cottage combines rural charm with accessibility to urban amenities. Nearby schools and transport links further enhance its appeal. This property represents a rare chance to create your dream home in an idyllic setting.

Investment Analysis

(NR19 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -10.6%
5 year growth: +4.8%
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

Sandy Lane, Dereham
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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
£1,713
Based on a loan of £356,250 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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