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25 Dereham Road, Norwich, Norfolk NR2 4HY - Image 1
25 Dereham Road, Norwich, Norfolk NR2 4HY - Image 2
25 Dereham Road, Norwich, Norfolk NR2 4HY - Image 3
25 Dereham Road, Norwich, Norfolk NR2 4HY - Image 4
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25 Dereham Road, Norwich, Norfolk NR2 4HY - Image 8
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25 Dereham Road, Norwich, Norfolk NR2 4HY - Image 11
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25 Dereham Road, Norwich, Norfolk NR2 4HY

East of England

£170,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1004 sqft

Description

This three-bedroom mid-terrace house features a welcoming hall entrance and offers substantial space across approximately 100 sq/m. Currently benefiting from double glazing and gas central heating, the property also includes off-road parking at the front, making it a practical choice for potential residents or investors. Having been rented out for several years, it now presents an opportunity for improvement to unlock its full value. Located less than a mile from the city center, this property is conveniently situated and poised for renovation. The ground floor comprises a living room, dining room, kitchen, and WC, while the first floor holds three bedrooms and a bathroom. The outside space includes a front garden with parking and a rear garden that requires attention, along with an outdoor toilet. This property represents an ideal investment for those looking to create their dream home or enhance its rental potential.

Investment Analysis

(NR2 area)

Below Market Value

This property is priced -47.7% below area average per sq ft

-47.7%
Potential saving
This Property
£169/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£327
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£357,660
10% above area average per sq ft
Potential ROI
+70.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
60%
Properties sold annually

Local Market Trend (NR2)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +7.4%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on NR2 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

25 Dereham Road, Norwich, Norfolk NR2 4HY
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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
£613
Based on a loan of £127,500 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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