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See how verdicts work2-bedroom bungalow · NR20 5JJ
For saleListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after village of North Elmham, this well-presented two-bedroom staggered terrace bungalow offers comfortable and practical single-storey living in a convenient setting close to local amenities.
The property is well-suited to a range of buyers, including first-time buyers, downsizers or those specifically seeking the ease and accessibility of living on one level, with a layout designed to be both functional and easy to maintain.
Its manageable size and straightforward layout make it an appealing option for those looking for a home that is easy to run and enjoy day to day.
Location Situated within a residential cul-de-sac in the village of North Elmham, Elm Close offers a peaceful setting with convenient access to local amenities.
North Elmham is a well-served village with a primary school, shop, café, and other everyday facilities, along with a strong sense of community.
The nearby market town of Dereham provides a wider range of supermarkets, retail options, and healthcare services.
The area is well positioned for access to Norwich via the A47, making it a practical choice for commuters, while the surrounding countryside offers a variety of walking routes and open green spaces.
With a blend of village convenience and access to larger towns, this location provides an easy and well-connected way of living.
Elm Close Stepping inside via the entrance porch, you are welcomed into a spacious lounge positioned to the front of the home, providing a bright and inviting main living area with ample room for both seating and everyday use.
From here, a door leads through to the fitted kitchen, which is arranged with a range of units and work surface space, along with room for appliances and access out to the rear garden.
An inner hallway connects the remaining accommodation, including two well-proportioned bedrooms.
The principal bedroom is positioned to the front, while the second bedroom sits to the rear and benefits from direct access into the conservatory.
This additional space offers flexibility for use as a dining area, garden room or hobby space, with views and access out to the enclosed rear garden.
The bathroom is fitted with a three-piece suite and is conveniently located off the hallway, while further storage is provided via an airing cupboard and additional built-in cupboard with loft access.
Externally, the property enjoys a well-maintained front garden laid to lawn with planted borders, while the rear garden is enclosed and designed with ease of upkeep in mind, featuring shingle and patio areas.
Agents Notes Freehold, connected to mains water, electricity and drainage.
Council tax band - tbd 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
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 8 Elm Close, Dereham
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