1-bedroom flat · NR19 1FG
For saleReduced £10k (−10%) on 16 OctListed 104 days
Opportunity summary
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About
Investors only – offered with tenants in situ currently paying £750 pcm and available with a guide price of £100,000 - £110,000.
A superb opportunity in the heart of Dereham, this conveniently located ground floor one‐bedroom apartment offers comfortable, low‐maintenance living in a popular market town setting.
The property features a bright and spacious open‐plan living area, creating a welcoming space to relax and entertain.
A well‐proportioned double bedroom provides a calm and comfortable retreat, complemented by a neatly presented bathroom with a white suite.
Practical touches include an entrance hall with ample built‐in storage, helping to keep the living space clutter‐free.
The Location Cedar Court is situated within a quiet and established residential area of Dereham, a well‐served Norfolk market town known for its strong sense of community and comprehensive range of everyday amenities.
The town centre is within comfortable walking distance, offering an excellent selection of shops, supermarkets, cafés, leisure facilities and healthcare services, along with well‐regarded primary and secondary schools.
Morrisons supermarket is also accessible on foot, providing added convenience for daily shopping needs.
Dereham further benefits from good transport links, with the A47 close by, offering straightforward access to Norwich, King’s Lynn and the wider region, while regular bus services connect the town with surrounding villages.
The Mid‐Norfolk Railway station is located nearby, offering preserved heritage rail services and adding character to the town, while open countryside, green spaces and public footpaths can be easily reached, providing ample opportunities for walking and outdoor enjoyment.
Overall, Cedar Court offers a practical yet appealing location, well suited to a range of lifestyles.
Cedar Court, Dereham Situated in a convenient position within the popular Norfolk market town of Dereham, this well‐presented ground floor one‐bedroom apartment offers comfortable and practical living accommodation, ideal for a range of buyers including first‐time purchasers, downsizers or investors.
The property is accessed via a communal entrance hallway, leading into a private entrance hall that provides a welcoming first impression and benefits from useful storage cupboards, ideal for coats, shoes and household items.
The main living space is a bright and generously proportioned open‐plan lounge, dining and kitchen area, enjoying twin windows that allow plenty of natural light to fill the room.
The layout offers excellent flexibility for both relaxing and dining, while the kitchenette area is sensibly arranged with space for essential appliances and everyday cooking needs.
The bedroom is a well‐sized double, providing ample space for bedroom furniture and creating a calm and comfortable environment.
The accommodation is completed by a bathroom fitted with a white suite, including a bath with shower attachment over, wash basin and WC, finished in a clean and neutral style.
Additional benefits include gas central heating and double‐glazed windows, contributing to comfort and energy efficiency throughout the year.
Agents Note This property will be sold as leasehold with 980 years remaining on the lease. Ground rent/service change: £1,200 paid annually.
The vendor has informed us that parking is available at a weekly cost of £10. Any purchaser must verify this information and confirm acceptability of the arrangement before progressing.
Some images used in this listing have been digitally staged to illustrate potential furnishing and layout options. We recommend arranging a viewing to assess the space and features in person.
EPC Rating: C Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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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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 advisors 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.
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About 2 Cedar Court, Dereham
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