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See how verdicts work2-bedroom bungalow · NR20 3QX
No longer listedReduced £15k (−6.3%) on 22 SepListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this beautifully presented two bedroom semi detached bungalow provides an excellent opportunity for those seeking comfortable and convenient living within a popular village setting, offering field views to the front aspect.
This immaculate home, priced at £250,000, is ready for immediate enjoyment.
Step inside to discover a bright and inviting interior, beginning with a welcoming hallway that leads to the principal living areas.
The heart of the home is the generous 14'6 lounge, a comfortable space perfect for relaxation or entertaining.
Sliding doors from the lounge seamlessly connect to the garden, inviting natural light and offering easy access to the private outdoor space.
The re-fitted kitchen is a stylish and functional area, designed for modern living. It provides ample storage and workspace, making meal preparation a delight.
Complementing the living accommodation is a contemporary re-fitted shower room, offering a sleek and convenient facility for residents and guests.
The bungalow features two well-proportioned double bedrooms, providing comfortable retreats.
These rooms offer versatile options for residents, guests, or perhaps a dedicated home office, depending on your needs.
Externally, the property benefits from an enclosed and private rear garden, offering a peaceful sanctuary for outdoor enjoyment, gardening, or alfresco dining.
To the front, ample driveway parking leads to a garage, providing significant space for vehicles and additional storage – a valuable practical asset.
Situated in a popular village location with postcode NR20, this home enjoys the benefit of picturesque field views to the front, enhancing its appeal.
The convenient setting offers a blend of tranquility and accessibility to local amenities. Call today to arrange your viewing and avoid missing out on this exceptional bungalow.
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
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FAQ
About 27, Back Lane, Dereham
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