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The Street, Hockering

East of England

£250,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1180 sqft

Description

This detached property presents a remarkable opportunity for investors and buyers looking to create a bespoke family home. Although it requires comprehensive renovation, the existing layout, which includes a lounge, dining room, snug, kitchen, and conservatory complemented by three bedrooms and a bathroom upstairs, offers a strong foundation for reimagining the space. The generous plot of approximately 0.16 acres is particularly appealing, featuring a south-facing garden with the potential for landscaping or extension. There is also an opportunity to incorporate off-road parking or possibly even garaging. Located in the tranquil village of Hockering in Norfolk—just a short drive from Dereham and Norwich—this property combines rural serenity with convenient access to local amenities and transport links. It's an exciting investment waiting for someone to unlock its full potential.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£212/sq ft
Area Average
£288/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£374,343
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on NR20 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

The Street, Hockering
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 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.

Stamp Duty Calculator

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