We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · NR19 1WN
Listing removedListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A super three bedroom mid-terraced house in dereham offered as a 50% share with modern kitchen/dining room, bathroom and cloakroom, good sized living room enclosed rear garden and two parking spaces to the rear.
Description A well-presented three-bedroom mid-terrace home situated in a popular residential development on the edge of Dereham, offering spacious and practical accommodation ideal for first-time buyers, young families, or investors.
The property extends to approximately 88 sq m (978 sq ft) and benefits from an excellent EPC rating of B, helping to keep energy costs low.
Acommodation The accommodation comprises an inviting entrance hall, a bright and comfortable lounge, a generous kitchen/dining room with direct access to the rear garden, and a convenient ground-floor cloakroom.
To the first floor are three well-proportioned bedrooms and a family bathroom fitted with a shower over the bath.
Externally, the property enjoys an enclosed rear garden, designed for ease of maintenance and ideal for outdoor dining and family use.
There are also two allocated parking spaces to the rear of the property.
Additional benefits include solar panels assisting with hot water generation, modern construction, and a desirable residential setting.
Location Metamec Drive is conveniently located close to Dereham town centre, providing easy access to supermarkets, independent shops, schools, healthcare facilities, leisure amenities, and regular transport links to Norwich and surrounding areas.
Dereham is a thriving Norfolk market town approximately 16 miles west of Norwich, making it an excellent base for commuters and families alike Shared Ownership Information The property is sold as a 50% share- full house value £215000 Monthly rent for the other share is £292.45 £35 per month for service charges Please enquire with us in the office for more details Lease details are currently being compiled.
For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About 8, Metamec Drive, Dereham
Explore nearby