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Vicarage Road, Deopham

East of England

£270,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1881 sqft

Description

This semi-detached property presents a compelling opportunity for those interested in embarking on a renovation journey in a desirable rural setting. With approximately 1,881 sq/ft of living space already enhanced through extensions, the home is primed for further customization and refinement. The layout features a spacious open plan living area designed to capture views of the expansive garden, alongside an additional lounge and kitchen area that offer flexibility for family living. The upper floor hosts three bedrooms, including a main suite with en-suite facilities, complemented by a family bathroom. A noteworthy feature is the adaptable ground floor that currently includes a storage area, utility room, WC, hallway, and family room – all of which could be transformed into a self-contained one-bedroom annexe (subject to planning), perfect for accommodating extended family or guests. Situated on an ample plot within the picturesque village of Deopham, the property is surrounded by natural beauty and offers charming views over open fields. The generous driveway allows for multiple vehicles while the rear garden serves as an exciting blank canvas ripe for landscaping or even creating an entertaining space or kitchen garden. With its tranquil location yet convenient proximity to Wymondham's amenities, this property stands out as an excellent investment opportunity for buyers looking to create their bespoke home in a peaceful community.

Investment Analysis

(NR18 area)

Below Market Value

This property is priced -54.7% below area average per sq ft

-54.7%
Potential saving
This Property
£144/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£655,594
10% above area average per sq ft
Potential ROI
+98.7%
After renovation
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
10%
Properties sold annually

Local Market Trend (NR18)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -10.1%
5 year growth: +1.9%
Investment Disclaimer: Analysis based on NR18 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

Vicarage Road, Deopham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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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