2-bedroom flat · NR19 2UU
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented split-level apartment is situated close to the town centre, making it ideal for those looking to be close to local amenities.
The property benefits from a fitted kitchen with ample storage and workspace, spacious living room and entrance hallway, along with two bedrooms and a bathroom suite.
Additional advantages include an underground parking space, double-glazed windows, and new carpets throughout. Services Electric heating. Mains water, drainage, and electricity are connected.
Leasehold Information: Years remaining: Approx. 978 Annual Service Charge: £1,204.82 Ground Rent: £25 per annum For room measurements please click on the floor plan option.
Location Dereham is a thriving market town situated approximately 18 miles west of Norwich with fast and easy access along the A47 trunk road.
Dereham itself has excellent local shops, schools and many other amenities. Directions Leave Dereham Market Place by bearing right at the War Memorial and proceeding into Wellington Road.
Continue onto Neatherd Road, and just after going through the traffic lights, turn right into The Maltings development.
The property will be found at the far end (last set of steps) on the right hand side. For further information and to arrange your viewing, please contact our friendly and professional staff.
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
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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
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FAQ
About The Maltings, Dereham
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