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Swaffham Road, Wendling, Dereham NR19 - Image 1
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Swaffham Road, Wendling, Dereham NR19

East of England

£300,000
Listed on 19/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1134 sqft

Description

This spacious detached bungalow offers a unique opportunity for those interested in renovation and modernisation within a tranquil village setting. The property features four adaptable bedrooms, making it suitable for families or professionals seeking flexibility in their living arrangements. Currently, the home consists of two reception rooms, including a lounge with an inviting wood burner, a dining room with built-in storage, and a kitchen that provides ample space for reconfiguration or updates. The layout includes both a family bathroom and a separate shower suite, allowing for convenience yet presenting potential for upgrades. Outside, the property stands on an impressive plot with wrap-around gardens, highlighted by well-maintained lawns, various mature plants, and two serene ponds that enrich the outdoor experience. Ample off-road parking is available via a shingle driveway. Situated in Wendling, the property enjoys good access to local amenities while being enveloped by picturesque countryside views. This bungalow presents plenty of scope for extensions or alterations (subject to planning permission), making it an exciting prospect for anyone looking to invest in enhancing its value.

Investment Analysis

(NR19 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£265/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£326,133
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -8.3%
5 year growth: 9.5%
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

Swaffham Road, Wendling, Dereham NR19
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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
£1,099
Based on a loan of £225,000 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