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Recreation Road, Dereham, NR19 1TB

East of England

£175,000

Listed on 09/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This extended semi-detached bungalow presents a compelling opportunity for buyers looking to inject their personal style through modernization. With no onward chain, the acquisition process is streamlined. The property features two spacious bedrooms, a generous 20'11 kitchen/dining room that holds substantial renovation potential, and a cozy lounge designed for relaxation. The layout is practical and inviting, fostering flexible furniture arrangements in the lounge which serves as a central living area. The standout kitchen/dining room is particularly noteworthy; it offers an expansive space where one can envision creating a contemporary open-plan environment suitable for cooking and entertaining, with ample scope for fitted units. Both bedrooms are well-sized, offering comfortable retreats conducive to rest or multi-functional use like home offices. A conveniently located family bathroom serves these rooms effectively. Externally, the property boasts a private rear garden ideal for outdoor enjoyment and gardening projects. Additionally, off-street parking is available along with a garage en bloc for secure storage options. Situated in the NR19 1TB area, the bungalow benefits from proximity to local amenities and transport links, enhancing its desirability. This property’s inherent potential for renovation makes it highly attractive to those eager to enhance value and create a tailored living space.

Investment analysis

(NR19 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Recreation Road, Dereham, NR19 1TB
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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
£661
Based on a loan of £131,250 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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