Worst House on the Street Logo
Sandy Lane, Dereham - Image 1
Sandy Lane, Dereham - Image 2
Sandy Lane, Dereham - Image 3
Sandy Lane, Dereham - Image 4
Sandy Lane, Dereham - Image 5
Sandy Lane, Dereham - Image 6
Sandy Lane, Dereham - Image 7
Sandy Lane, Dereham - Image 8
Sandy Lane, Dereham - Image 9
Sandy Lane, Dereham - Image 10
Sandy Lane, Dereham - Image 11

Sandy Lane, Dereham

East of England

£475,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached cottage offers a unique blend of character and substantial potential for renovation and investment. Nestled on a private road, the property occupies an expansive 1.47-acre plot, providing ample space for possible extensions or enhancements (subject to planning permission). The absence of an onward chain simplifies the purchase process, making it an appealing prospect. Inside, the home features a welcoming entrance hallway that leads to a convenient ground floor shower room. The living room exudes warmth with its traditional fireplace, offering a cozy atmosphere for relaxation. Adjacent to this space is a separate dining room, ideal for family gatherings or entertaining guests; it opens into a sunroom that overlooks the garden, allowing natural light to fill the area. The kitchen is functional, with generous storage and workspace that could benefit from modern updates. The upper level hosts three well-sized double bedrooms serviced by a family bathroom suite, providing comfortable living accommodations. The property also includes a single garage and off-road parking suitable for multiple vehicles. Outdoor spaces are particularly striking here; the gardens wrap around the home and total 0.91 acres, featuring manicured lawn areas along with serene nooks perfect for enjoying sunny days. Additionally, opposite the property lies a privately owned woodland extending over 0.56 acres, adding to the tranquil landscape. This residence represents an exceptional opportunity in Dereham—a market town rich in amenities including independent shops, restaurants, and schools at both primary and secondary levels. With good public transportation links connecting you to nearby villages and larger towns like Norwich and Fakenham, as well as proximity to the North Norfolk coast just 40 minutes away by car, this location strikes an excellent balance between peaceful countryside living and easy access to urban conveniences. Importantly, neighboring plots have already secured planning permissions—an indication of future value enhancement in this area—which could present further opportunities for development or investment. While tree preservation orders exist on part of the land, they add character rather than hinder potential improvements. In summary, this property is not just a charming home but also represents significant renovation potential in a desirable locale—ideal for families or investors looking to capitalize on growth opportunities within this market town.

Investment Analysis

(NR19 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
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
14%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -8.3%
5 year growth: 9.5%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE