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Hillfields, Dereham NR19

East of England

£230,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Link Detached
Area
1221 sqft

Description

This three-bedroom link-detached house is situated in the desirable suburb of Toftwood and presents an excellent opportunity for investors or those looking to create their dream home. The property features a garage and off-road parking, along with a versatile layout that includes three reception rooms, providing ample space for family living or entertaining. The ground floor comprises an entrance hall, a living room, a dining area, and a conservatory that enhances the connection with the garden. Upstairs are three bedrooms alongside a family bathroom. While the enclosed rear garden offers potential for landscaping, the overall interior requires modernization, making it an ideal canvas for renovation. With no onward chain, this property is ready for immediate consideration by buyers who wish to inject their own style and improvements.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£188/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£351,288
10% above area average per sq ft
Potential ROI
+35.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NR19)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -9.4%
5 year growth: +6.6%
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

Hillfields, Dereham NR19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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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