Theatre Street, Dereham NR19
East of England
£220,000
Listed on 03/09/2026
Listed on 03/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1235 sqftFeatures
- Garage
- Parking
Description
This chain-free three-bedroom semi-detached house offers generous accommodation in central Dereham, with several reception spaces and scope for updating. The ground floor includes a kitchen, utility area and WC, alongside rooms that can be arranged for dining, relaxing or working from home. Upstairs are three double bedrooms and a family bathroom.
The property is described as suitable for occupation while improvements are made over time. Its layout and proportions provide a basis for modernisation, subject to inspection and the buyer’s plans. Mains water, electricity and drainage are connected, and heating is gas-fired. The home is freehold, has an EPC rating of D and falls within Council Tax Band C.
Shops, cafés, restaurants, leisure facilities and schools are available in Dereham, with road links towards Norwich and King’s Lynn. The listing also states that the property has a garage and driveway parking.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
80out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £220,000, this spacious three-bedroom home is priced well below the local average per square foot, making the asking price a clear opportunity to acquire generous accommodation in central Dereham. Multiple reception spaces, three double bedrooms, a utility area and ground-floor WC give it a flexible layout, while the enclosed garden and outbuilding add useful extras.
The project is a light modernisation rather than a major overhaul: the photographed interiors are usable but dated, with scope to refresh decoration and flooring and update the kitchen and bathroom. The exterior appears generally intact in the available views, and the garden offers room for a straightforward tidy-up.
Key opportunities
- Acquire 1,235 sq ft at an asking price well below the local average per square foot.
- Refresh dated decoration and flooring, with scope to modernise the kitchen and bathroom.
- Make use of the multiple reception spaces, three double bedrooms and enclosed garden with outbuilding.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£831
Based on a loan of £165,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-8.3% since listed
£220,000£20,000(-8.3%)
04/10/2026£240,000Initial listing
03/09/2026Services
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