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Sandy Lane, Dereham

East of England

£475,000
Listed on 13/08/2025

Property Details

Bedrooms
3
Type
Detached

Description

This detached cottage presents a unique opportunity for renovation enthusiasts and investors alike, offering significant scope for reconfiguration and enhancement. Nestled in a tranquil location off a private road, the property is set on an expansive 1.47-acre plot that opens up possibilities for extensions (subject to planning permission) or landscaping transformations. The home retains charming character features while providing spacious living areas that could benefit from modern updates.

Upon entry, you’ll find an inviting hallway that leads to various functional spaces. The cozy living room, with its traditional fireplace, offers a welcoming atmosphere but could be revitalized for contemporary comfort. The separate dining room provides flexibility for both family gatherings and entertaining guests, complemented by direct access to a sunroom that overlooks the generous garden space.

The fitted kitchen includes ample storage but may require a refresh to meet modern culinary needs. Upstairs hosts three well-sized double bedrooms alongside a family bathroom suite that is due for some refurbishment.

The exterior boasts extensive gardens with lush lawned areas and quiet corners—a perfect canvas for outdoor enhancements or garden design projects. Additionally, with off-road parking and a single garage in place, this property is equipped with practical conveniences despite its potential needs. Notably, tree preservation orders apply to the plot, which ensures the natural beauty of the surroundings.

Located within easy reach of Dereham's amenities—including shops, schools, and public transport—this property harmonizes countryside charm with accessibility to town center facilities. Furthermore, potential exists as neighboring plots have received planning permissions; thus this property stands not only as a residence but also as a strategic investment in the right hands.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
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

Sandy Lane, 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
£1,682
Based on a loan of £356,250 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.

Stamp Duty Calculator

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