Stone Road, Dereham
PA

Stone Road, Dereham

By Parsons & Co

£ 300,000

Reviews

3 out of 5 stars

Parsons & Co says ..

This extended detached bungalow offers much potential and has been priced to allow for modernisation. Sitting on a plot of 0.31 acres backing Scarning Fen, this property is offered for sale with no onward chain. From the entrance hall, there is a lounge with open fire and sliding doors t...

Property Oracle says ..

This property in Dereham, Norfolk, presents a mixed bag. It’s a four-bedroom bungalow situated in a desirable location, close to good schools, offering a good amount of land, including a garden with a shed and other outbuildings. However, it’s clear from the photographs that the property requires a substantial amount of modernisation. The kitchens, bathrooms, and interior decor are outdated. This is reflected in the property’s description, which mentions the need for modernisation and prices the property accordingly. While the external structure seems intact, the interior necessitates a significant investment in renovations. The lack of precise plot size and nearby property square footage makes a precise comparative analysis difficult. Potential buyers should be prepared for renovation costs and carefully factor these into their overall budget before making an offer. The asking price is within the expected range for similar properties in the area, taking into account the state of repair. The considerable garden space is a strong selling point, particularly for families. Overall, the property offers good potential for buyers willing to undertake renovations, leveraging the desirable location and land size.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
4
Bathrooms
1
Sqft (est)
1,495.43

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
228,000.00 £
Decreased by 6.19 %
from 243,053.00 £
Est sale value
595,181.14 £
Increased by 37.72 %
from 432,179.27 £
Average area rental value
938.00 £/mo
Decreased by 1.78 %
from 955.00 £/mo
Est letting value
1,495.43 £/mo
Unchanged by 0.00 %
from 1,495.43 £/mo
Est rental Yield
4.94 %
Increased by 4.66 %
from 4.72 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Parsons & Co marked this listing as sold.

  • Parsons & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Dereham Church Of England Junior AcademyAcademy Sponsor LedGood0.88 KM
Grove House Infant And Nursery SchoolAcademy ConverterGood1.28 KM
Fred Nicholson SchoolFoundation Special SchoolGood1.49 KM
Dereham Church Of England Infant & Nursery SchoolVoluntary Aided SchoolGood1.58 KM
Toftwood Infant SchoolFoundation SchoolOutstanding1.59 KM

Images

Front Garden Kitchen Bedroom 3 Utility Room Bathroom Garden Front Cloakroom Garden Garden Front Garden Garden Garden Living Room Kitchen Dining Room/Bedroom 4 Conservatory Bedroom 1 Bedroom 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Howlett Close £ 000.00 KM
Margaret Close £ 000.00 KM
Farmway £ 230,00000.00 KM
Willow Road £ 190,00000.00 KM
Mill Court £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stone Road, Dereham £ 300,000BUY6 / 100.00 KM
Stone Road, Dereham £ 125,000BUY6 / 100.07 KM
Stone Road, Dereham £ 115,000BUY6 / 100.07 KM
Stone Road,Dereham,NR19 1LJ £ 350,000BUY7 / 100.08 KM
Stone Road, Dereham, NR19 1LJ £ 500,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
Croyde Bay £ 390,0000.07 KM
84 Stone Road £ 250,0000.07 KM
86 Stone Road £ 240,0000.07 KM
94 Stone Road £ 257,0000.07 KM
110 Stone Road £ 373,0000.07 KM