2-bedroom flat · NR19 1DR
Listing removedReduced £25 (−3.1%) on 29 JulListed 135 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious second floor two bedroom apartment is located within the heart of Dereham town centre. Property access is from the rear of Aldiss Court, with an intercom system and communal entrance.
Stairs lead to the first floor to the entrance door, with private stairs leading into the apartment. A large and bright landing leads to all of the rooms.
The Apartment ---------------------- Surprisingly spacious and naturally light with 2 large windows in the 2 biggest rooms; a 13ft x 12ft Living room and 13ft x 12ft Master Bedroom.
The remaining rooms are also generously proportioned with a 13ft x 8ft kitchen/breakfast room and a 8ft x 7ft stylish 4pc bathroom.
The home is gas centrally heated and has new UPVC fitted windows and a modern refitted gas boiler. 125 year which commenced 2005. Council Tax Band A Mains services: Electricity, Water and Gas.
Landing Access to 3 flats Hallway Window to rear elevation. Lounge 14'3" x 12'8" Two Upvc windows to front elevation, radiator, T.V point, pendant light.
Kitchen / Diner 12'8" x 8'1" Upvc window to front elevation, range of wall and base units, stainless steel sink, tiled splash back, space for electric oven, space for fridge freezer, space and plumbing for washing machine, radiator, wall mounted gas boiler.
Bedroom 12'8" x 12'3" Upvc window to front elevation, radiator, storage cupboards. Bedroom Two 10'11" x 7'3" Upvc window to rear elevation, storage cupboard, radiator.
Bathroom 8'11" x 7'3" Upvc window to rear elevation, fully fitted bathroom suite comprising of panelled bath, shower cubicle, low level w.c, wash hand basin, Agents Note EPC Rating- D Council Tax Band- A This property is available with a Deposit Free option which means that instead of paying a traditional five weeks security deposit, you pay a fee of one weeks rent + VAT (subject to a minimum of £120 + VAT) to become a member of a deposit free renting scheme which significantly reduces the up-front costs.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
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