Neatherd Moor, Dereham

East of England

£1,000,000

Listed on 29/06/2026

Property details

Bedrooms

Type

Detached

Area

3339 sqft

Description

This property presents a unique investment opportunity in Dereham, positioned on the edge of Neatherd Moor. The Old Farmhouse offers a well-maintained family home with generous living spaces and a versatile layout, ideal for modern living. What truly sets this home apart is the approved planning permission for an additional three-bedroom, two-bathroom bungalow on the grounds, making it perfect for multi-generational living or as an investment rental unit. Surrounded by lush green spaces and benefiting from its proximity to town amenities, this property not only provides immediate comfort but also abundant potential for future development. The setting is tranquil yet accessible, providing an appealing lifestyle while ensuring multiple options for capital growth.

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Investment analysis

(NR20 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%

This Property

£299/sq ft

Area Average

£281/sq ft

Avg Rent (weekly)

£226

Avg Yield

3.2%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£80,000 - £120,000

Target Value

£1,031,901

10% above area average per sq ft

Potential ROI

-7.9%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +1.0% over the last 12 months

3 year growth: +2.4%

5 year growth: +6.9%

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

Neatherd Moor, Dereham

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£3,778

Based on a loan of £750,000 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.