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Dereham Road, Garvestone

East of England

£625,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
3916 sqft

Description

Nestled on a private driveway and set within approximately an acre and a half of tranquil countryside, this unique property is a former site of six cottages and a pub, now transformed into a spacious family home. Surrounded by its own grounds, the house stands back from the road, affording both privacy and serene views. With at least four bedrooms, this expansive dwelling is ideal for families seeking room to grow or those desiring a peaceful rural lifestyle. The interior boasts versatile reception spaces that invite creativity and customization. A double garage, extensive outbuildings, and various service areas offer practical solutions for storage or workshop endeavors, with potential for further development (subject to permissions). The generously sized bedrooms include an ensuite in the principal suite, complemented by a well-appointed family bathroom. This property presents an excellent canvas for renovation. While modernisation is necessary to meet contemporary living standards, it offers an incredible opportunity to shape a substantial countryside home filled with character and history. Located in Garvestone, the property provides easy access to everyday amenities in nearby Dereham while still enjoying the charms of village life surrounded by picturesque Norfolk landscapes. The generous plot size allows for outdoor pursuits or gardening opportunities while providing ample space for personal touches.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -48.9% below area average per sq ft

-48.9%
Potential saving
This Property
£160/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,346,556
10% above area average per sq ft
Potential ROI
+88.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on NR9 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

Dereham Road, Garvestone
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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
£2,214
Based on a loan of £468,750 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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