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The Street, Billingford, Dereham NR20 - Image 1
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The Street, Billingford, Dereham NR20

East of England

£250,000
Listed on 16/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for investment, having received planning approval for a contemporary 'upside down' detached barn-style residence. The design allows for expansive open-plan living spaces with vaulted ceilings on the upper level, complemented by a balcony or terrace that overlooks woodland, ensuring abundant natural light and scenic tree-top views. The proposed layout includes four spacious double bedrooms, two featuring en-suite facilities and dressing areas, along with a family bathroom, utility room, and cloakroom. In addition to the house, there is approved planning for a detached three-bay garage and store, enhancing the property's functionality. Situated in the tranquil village of Billingford, this location offers easy access to the stunning and extensive North Norfolk coast. Key townships such as Reepham, Holt, Dereham, and Aylsham are all within convenient reach, while the historic city of Norwich lies just 17 miles away. The nearby village of North Elmham provides essential amenities including primary schooling, gastro pubs, cafes, post office services, and transport links. With spectacular beaches and pine forests just half an hour's drive from your doorstep and excellent rail connections to London Liverpool Street from Norwich taking under two hours, this site merges rural charm with urban accessibility. Planning reference Breckland DC 3PL/2022/1208/D is available for review; please note that a section 106 Self Build applies currently.

Investment Analysis

(NR20 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £110,000
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
9%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: 18.2%
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

The Street, Billingford, Dereham NR20
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE