3-bedroom semi-detached house · NR19 2BT
Sold STCListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, period semi-detached character family home built in 1911 that is situated in a prominent road in heart of Dereham.
This property is ideal for a family and for those looking for proximity to shops and amenities, including surgeries, public transport, cinema, churches etc.
It has been in continuous occupation by the Vendors since 1984 and has retained many original features including open fireplaces, mouldings, Braemar pattern tiling, and interior doors.
The entrance hall features an original tiled floor in the popular Victorian Braemar style in cream, black and terracotta.
The adjacent living room is complemented by the original working open fire, and double-glazed east-facing sash bay window. Next is a generous dining room with a feature fireplace.
Further on there is a central fitted kitchen with a range of units at base and eye level.
This leads to a store that could be transformed into a complementary utility room or office, plus a cloakroom/ WC and lean-to.
Upstairs to the first floor, there are two spacious double bedrooms serviced by a large five-piece bathroom suite – this space boasts plenty of potential to create a bathroom of your choice.
The landing affords access by hatch to a boarded and insulated loft space with electricity running to the rear of the property. To the second floor is a double-sized bedroom with en-suite cloakroom.
Outside, to the front, is a gated and walled path to front door, plus side access to the garden. To the rear the tranquil and secluded garden stretches approx.
100 feet, and has been laid out to a patio, woodland area, lawn and vegetable garden with greenhouse and raised bed.
The planting includes a mature and productive fig tree and climbing roses and shrubs. Park Road is one of several unadopted roads in Dereham, with no road charges.
The property is a fantastic opportunity for families and those seeking a well-proportioned home, with combining charm and practicality in a peaceful and convenient location.
Services The sellers are in the process of having a new gas combi-boiler installed. Mains water, drainage, and electricity are connected. For room measurements please click on the floor plan option.
There are both virtual and video tours available for this property. Situation Dereham is a well-served Breckland market town, located in the heart of Norfolk.
The town offers a great mixture of excellent independent shops, national retailers, cafes and restaurants.
Dereham has a good selection of primary and secondary education, with numerous bus connection from the town centre connecting the nearby villages, as well as other destinations, such as Norwich, Fakenham and King's Lynn.
The North Norfolk coast is also within a 40 minute drive. Directions To find the property leave Dereham Market Place on Wellington Road.
After a short distance turn left onto Park Road where the property will be found on the left hand side identified by a Parsons 'For Sale' board.
For further information and to arrange your viewing, please contact our friendly and professional team.
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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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 Park View, Park Road, Dereham
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