Worst House on the Street Logo
Canons Close, Dereham - Image 1
Canons Close, Dereham - Image 2
Canons Close, Dereham - Image 3
Canons Close, Dereham - Image 4
Canons Close, Dereham - Image 5
Canons Close, Dereham - Image 6
Canons Close, Dereham - Image 7
Canons Close, Dereham - Image 8
Canons Close, Dereham - Image 9
Canons Close, Dereham - Image 10

Canons Close, Dereham

East of England

£100,000
Listed on 28/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor flat, situated in a well-established and desirable area, offers an appealing canvas for prospective buyers eager to infuse their personal style. Without the constraints of a chain, this property is particularly suitable for first-time buyers or investors looking for a renovation opportunity. The entrance hallway includes a convenient storage cupboard and leads into a generously-sized living room that benefits from natural light. The kitchen, while functional, is ripe for modernisation and reconfiguration to match contemporary tastes. The accommodation comprises two adequately sized bedrooms alongside a bathroom, all of which present opportunities for updating to enhance the living experience. Outside, the property features a rear garden that holds potential for landscaping or outdoor entertaining spaces. With the requirement for renovations throughout, this flat provides a promising chance to increase value and create a bespoke home in a sought-after locale.

Investment Analysis

(NR19 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -8.6%
5 year growth: +7.7%
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

Canons Close, Dereham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£357
Based on a loan of £75,000 over 30 years at 3.97% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates