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Windmill Avenue,Dereham,NR20 3BE - Image 1
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Windmill Avenue,Dereham,NR20 3BE

East of England

£300,000

Listed on 17/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1623 sqft

Description

This four/five bedroom detached family residence presents a promising opportunity for buyers seeking a property with ample living space and the potential for modernization. Situated in proximity to local amenities, schools, and transportation options, this home is well positioned for families who value accessibility. Although it requires some updating, it affords an excellent canvas for personalization to reflect individual styles and preferences. The ground floor features an inviting entrance hall leading into a spacious lounge measuring 16 feet, perfect for casual family gatherings. Adjacent to this is a separate dining room that caters well to both everyday meals and entertaining guests. A kitchen of 11'9 provides sufficient space for various appliances and connects to a 9' conservatory, serving as an additional reception area that enhances the connection with the garden throughout the year. One standout aspect of this property is the versatile office/bedroom five at 18'4, which can effortlessly adapt to various needs—be it a workspace, playroom, or guest accommodation. A convenient downstairs cloakroom adds to its practicality. On the upper level, four generously sized double bedrooms ensure adequate accommodation for a growing family. The family bathroom is paired with a separate W.C., facilitating comfort during busy times. Externally, the property benefits from off-road parking courtesy of a double driveway and access to an integrated garage. The rear enclosed garden offers privacy and ample space—ideal for children's playtime or gardening pursuits. Overall, with its spacious rooms and flexible layout, this detached home holds significant potential for transformation into a cherished long-term family residence.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -35.3% below area average per sq ft

-35.3%
Potential saving
This Property
£185/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£510,328
10% above area average per sq ft
Potential ROI
+50.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +1.6%
5 year growth: +7.1%
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

Windmill Avenue,Dereham,NR20 3BE
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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
£1,133
Based on a loan of £225,000 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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