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Yaxham Road, Dereham

East of England

£300,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1616 sqft

Description

This semi-detached bungalow in Dereham offers a substantial opportunity for renovation and investment, positioned on a generous plot with gated driveway access. Inside, the layout is functional, featuring bright and airy living spaces including a sitting room and a sunroom that opens to the private garden—ideal for both relaxation and entertaining. The kitchen, equipped with quality cabinetry and a breakfast bar, provides a solid foundation for modern living but could benefit from updates to maximize its potential. With three spacious double bedrooms and a contemporary bathroom already in place, this home is set up for comfortable living but presents opportunities for personalization or enhancement. The expansive outdoor area includes a large garden with a patio for outdoor entertaining, plus a detached outbuilding that holds great potential; whether for storage, a workshop or even the possibility of conversion into an annex (subject to planning), this property presents endless possibilities. Conveniently located near local amenities, schools, healthcare services, and transport links makes it an ideal candidate for those looking to invest in their future.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£186/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£468,309
10% above area average per sq ft
Potential ROI
+37.7%
After renovation
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

Yaxham Road, Dereham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 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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