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Hillfields, Dereham

East of England

£230,000
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Link Detached House
Area
1221 sqft

Description

This link-detached house offers three bedrooms and three reception rooms, complete with off-street parking and a garage. Nestled in the desirable suburb of Toftwood, this property boasts an entrance hall, a living room, a dining room, and a conservatory that enhances the connection between indoor and outdoor spaces. The kitchen and cloakroom complement the ground floor layout. Upstairs, the property features three well-proportioned bedrooms alongside a family bathroom. The enclosed garden at the rear provides a blank canvas for landscaping or gardening enthusiasts. While currently functional, this property presents an excellent opportunity for renovation that can significantly enhance both its value and appeal. Ideal for those looking to stamp their own style on an asset in a sought-after location, it is perfect for investors or DIY aficionados eager to undertake improvements.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£188/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£351,288
10% above area average per sq ft
Potential ROI
+30.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -9.4%
5 year growth: +6.6%
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

Hillfields, Dereham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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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