2-bedroom flat · NR19 1SN
For saleReduced £15k (−10.7%) on 30 SepListed 57 days
Opportunity summary
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About
Situated in the popular village of Toftwood, Longsons are delighted to bring to the market this well-maintained, two-bedroom ground-floor flat.
Offering comfortable and practical accommodation, the property features a spacious lounge/dining room, fitted kitchen, two bedrooms and a bathroom.
Further benefits include UPVC double glazing, electric heating, allocated parking, an en-bloc garage and garden area.
The accommodation briefly comprises an entrance porch, hallway, kitchen, lounge/dining room, two bedrooms and bathroom.
Toftwood Toftwood is a popular residential village adjoining the bustling market town of Dereham.
The village offers a range of local amenities, including shops, a public house, infant and junior schools, together with various sports and leisure facilities.
A regular bus service provides convenient access to Dereham, approximately one and a half miles away.
Dereham offers an excellent range of shopping facilities, including major supermarkets, along with a golf club and Dereham Leisure Centre, which features a gym, modern swimming pool and indoor bowls.
Entrance Hall UPVC double glazed entrance door with UPVC double glazed full length window to front, stairs leading to first floor. Stairs and Landing UPVC double glazed window to front. Loft access.
Kitchen - 8'8" (2.64m) x 6'2" (1.88m) Fitted cabinets to wall and floor, work surface over, sink unit with hot and cold taps and drainer, space for cooker, space and plumbing for washing machine, electric bar heater, UPVC double glazed window to side.
Lounge/Dining Room - 18'10" (5.74m) x 10'6" (3.2m) Electric storage heater, UPVC double glazed window to side and rear.
Bedroom One - 8'6" (2.59m) x 8'0" (2.44m) Electric storage heater, UPVC double glazed window to side.
Bedroom Two - 11'4" (3.45m) x 6'7" (2.01m) Electric storage heater, UPVC double glazed window to front.
Bathroom Bath and hand washbasin with tiled splashback, WC, wall mounted electric heater, extractor fan.
Outside Front Gated access with pathway to front door, area to lawn, shrubs and plants to beds and borders, wooden garden shed, wall and hedge to perimeter.
En-Bloc Garage - 16'1" (4.9m) x 8'2" (2.49m) Up and over door for access.
Agent's Notes EPC rating D65 (Full copy available on request) Council tax band A (Own enquiries should be made via Breckland District Council) Agent's Note 2 A lease term of 999 years has been agreed at a a peppercorn rate - an upkeep of 50% of the annual service charge cost.
What3words /// quicksand.scream.swaps Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About 5, Canons Close, Dereham
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