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High Street, Foulsham, Dereham, Norfolk NR20 - Image 1
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High Street, Foulsham, Dereham, Norfolk NR20 - Image 3

High Street, Foulsham, Dereham, Norfolk NR20

East of England

£160,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
610 sqft

Description

Located in the charming village of Foulsham, Norfolk, this quaint two-bedroom cottage offers an exciting opportunity for those interested in renovation and investment. While the property possesses a cozy character, it also has significant potential for modernization to meet contemporary living standards. The upstairs hosts two generously sized bedrooms that are bathed in natural light, providing a peaceful area to unwind. The ground floor features a kitchen diner that acts as a central hub for family meals and entertaining, alongside a welcoming lounge perfect for enjoying quiet evenings. Additionally, there is a conveniently placed family bathroom on the ground floor. At the rear of the property lies a courtyard garden, which offers an inviting space for outdoor activities and could be transformed into an appealing feature with some creative landscaping. A storage shed adds practicality to this outdoor area. Notably, this cottage comes with no onward chain, allowing for a quick transition during the purchasing process. Given Foulsham's idyllic rural setting yet accessibility to nearby amenities and transport links, this property is an attractive prospect for buyers looking to invest time and resources into creating their ideal home.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£262/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£193,550
10% above area average per sq ft
Potential ROI
-3.2%
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
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

High Street, Foulsham, Dereham, Norfolk NR20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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