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Kings Park, Dereham

East of England

£260,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1062 sqft

Description

This three-bedroom residence, conveniently situated within walking distance of Dereham's town centre, is brimming with potential for those looking to personalize or enhance a well-positioned home. The property features an adaptable layout, comprising a spacious sitting room that transitions into a separate dining area, creating ample living space. The rear kitchen, paired with a practical lean-to, presents opportunities for expansion or reconfiguration, offering direct access to the garden. On the first floor, three generously-sized bedrooms come with built-in storage solutions and are complemented by a shower room and separate WC—both of which would benefit from modern updates. Outside, the manageable garden and off-road parking leading to a garage provide additional appeal. This property represents an excellent opportunity for investors or DIY enthusiasts seeking to increase value in an attractive location close to local amenities.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£245/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£305,543
10% above area average per sq ft
Potential ROI
+3.6%
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

Kings Park, 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
£921
Based on a loan of £195,000 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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