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Elvin Road, Dereham

East of England

£130,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This 3-bedroom mid-terraced house offers a prime opportunity for investors or those looking to create their ideal family home in a convenient location near Dereham town centre. The property features a spacious lounge with a central fireplace, a kitchen/diner equipped with built-in appliances, and three well-proportioned bedrooms. Although the home is functional as-is, it presents considerable potential for modernisation. Internal decorative updates and enhancements could significantly elevate the living spaces. Additionally, the private rear garden and an en bloc garage provide further appeal and investment prospects. Located close to local amenities and transport links, this property represents an excellent chance to add value through thoughtful refurbishment efforts. An early viewing is recommended to fully appreciate the scope of possibilities this home offers.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Elvin Road, Dereham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 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.

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