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 bungalow · NR19 2EH
Sold STCReduced £30k (−15%) on 25 OctListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming semi-detached bungalow is thoughtfully positioned within easy walking distance of the town centre, offering convenient access to a variety of shops, amenities, and transport links.
While the property is well laid out and presents a comfortable living space, it does require some modernisation to bring it up to contemporary standards, allowing the new owner to personalise and update the home to their taste.
Inside, the bungalow features a generous lounge with plenty of natural light, creating a welcoming atmosphere.
The kitchen and dining area provide a practical space for daily living, with scope for refurbishment to enhance functionality and style.
A bright garden room extends the living space and offers a versatile area that could be used for dining, relaxation, or a home office.
The accommodation includes two double bedrooms, both offering good space and potential for improvement.
A shower room completes the layout, presenting an opportunity for updating to suit modern preferences.
The property benefits from gas central heating and double glazing throughout, ensuring a comfortable and energy-efficient environment.
Externally, the low-maintenance garden requires minimal upkeep and offers a pleasant outdoor space. A detached timber garage adds valuable storage or parking options.
Offered with no upward chain, this bungalow provides an excellent opportunity for buyers looking to invest in a home with good bones in a convenient location, ready to be modernised and customised to individual needs.
Dereham is a busy market town mixing both the new with the old. Free parking allows you time to stroll around seeking out the restaurants, pubs and cafes or for an afternoon shop.
There are museums, a leisure centre, golf course and schools within the town, or for the nature lovers take a stroll along the Neatherd Moor and the Vicarage Meadow.
Slightly further afield are the ruins of the Saxon Cathedral at North Elmham, the wildlife and Dinosaur Parks, Pensthorpe, a bird lovers paradise and Thetford Forest Park.
Norwich has good local transport links with the town, with bus services as regular as every half hour to and from the City.
Norwich has an international airport and a mainline rail link to Liverpool Street, London.
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.
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

FAQ
About St Hilda Close, Dereham
Explore nearby