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Yaxham Road, Dereham

East of England

£300,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1616 sqft

Description

This three-bedroom semi-detached bungalow in Dereham presents a unique opportunity for renovation and investment, situated on a spacious plot that offers significant potential. The home features a gated driveway, ensuring ample parking for multiple vehicles while providing convenient access to the rear garden. The front garden has been well-maintained, contributing to its inviting curb appeal. Inside, the layout is designed with versatility in mind. A welcoming entrance hall leads into a comfortable sitting room that serves as a central gathering space. Adjacent to this is a sunroom that seamlessly connects to the private garden, making it an ideal spot for relaxation or entertaining guests. The kitchen offers functional design elements, including quality cabinetry and a breakfast bar, along with sufficient space for additional appliances. The property boasts three generously sized double bedrooms, providing flexibility for families or those seeking dedicated office space. A modern bathroom completes the interior, featuring a three-piece suite that could benefit from some updating. The expansive rear garden is a standout feature of this property, equipped with a paved patio area suitable for outdoor dining and leisure activities. The well-kept lawn enhances the sense of openness, making it adaptable for various uses such as gardening or play areas. Additionally, there's a detached outbuilding which could serve multiple purposes—from storage to conversion into a workshop or office space—subject to planning permissions. Located on Yaxham Road in the heart of Dereham, this bungalow benefits from proximity to local amenities including shops, supermarkets, and schools such as Dereham Neatherd High School and Yaxham Primary School, making it an attractive option for families and investors alike. With essential healthcare services nearby and good transport links—including regular bus routes and access to major roads—the property is positioned well for both everyday convenience and future growth in value. This bungalow offers not just a home but an opportunity for those looking to invest in renovations that will adapt this space to contemporary living standards while enhancing its market value over time.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -29.0% below area average per sq ft

-29.0%
Potential saving
This Property
£186/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£464,754
10% above area average per sq ft
Potential ROI
+45.2%
After renovation
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

Yaxham 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
£1,099
Based on a loan of £225,000 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