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22 Hyde Road, Dereham, Norfolk NR19 1NZ - Image 1
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22 Hyde Road, Dereham, Norfolk NR19 1NZ

East of England

£130,000
Listed on 17/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
788 sqft

Description

This three-bedroom semi-detached house presents a prime opportunity for renovation and investment. Situated on a spacious plot with off-road parking, the property measures approximately 83 sq/m and is located near the edge of a quiet cul-de-sac, adjacent to Moorgate Recreation Ground. While the home benefits from double glazing, gas central heating, and some external parking space, it requires comprehensive updating to unlock its full potential. The layout includes a welcoming entrance hall leading into a living room, dining room, kitchen, and conservatory on the ground floor. Upstairs contains three bedrooms and a shower room. The front and rear gardens currently need attention, complemented by two timber outbuildings at the rear that could serve various purposes. With its proximity to local amenities about a mile from the town centre, this property is an ideal candidate for those looking to invest in a well-located family home or rental opportunity.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -37.4% below area average per sq ft

-37.4%
Potential saving
This Property
£165/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£228,358
10% above area average per sq ft
Potential ROI
+47.3%
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

22 Hyde Road, Dereham, Norfolk NR19 1NZ
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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
£469
Based on a loan of £97,500 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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