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Stone Road,Dereham,NR19 1JS

East of England

£300,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1285 sqft

Description

This three-bedroom detached bungalow, available with no onward chain, is situated on a generous plot and offers significant potential for renovation. With a large driveway providing ample off-road parking and a spacious enclosed rear garden, the property is ideal for those looking to create their dream home. Inside, the layout features a welcoming 19'3" living room that floods with natural light, along with a separate 12'8" dining room suited for family gatherings or more formal entertaining. The kitchen has good work surfaces and storage; however, it presents an opportunity for modernization to fit personal styles. The rear garden room, measuring 12'3", boasts pleasant views and could serve multiple purposes as a sitting area, office, or hobby space. Each of the three bedrooms is well-sized and complemented by a shower room and an additional separate W.C., enhancing functionality. The external spaces are perfect for gardening enthusiasts or outdoor relaxation. This bungalow's detached design combined with its spacious interior makes it a promising project for families or downsizers alike, encouraging early viewings.

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Investment analysis

(NR19 area)

Below Market Value

This property is priced -9.9% below area average per sq ft

-9.9%
Potential saving
This Property
£233/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£366,379
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -7.6%
5 year growth: +6.2%
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

Stone Road,Dereham,NR19 1JS
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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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