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See how verdicts work2-bedroom house · NR19 1BB
Listing removedReduced £10k (−5.9%) on 21 JunListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within easy reach of Dereham town centre, this well-presented two double bedroom terraced house is offered to the market with no onward chain, making it an ideal first-time purchase or investment opportunity.
The accommodation on the ground floor comprises an inviting entrance leading into a spacious open-plan lounge and dining room, measuring approximately 12'4" in each section, providing a versatile and sociable living space.
To the rear, there is a fitted galley kitchen which offers a practical layout, complemented by a separate utility room for additional storage and appliances.
A downstairs family bathroom completes the ground floor accommodation.
Upstairs, the property offers two generous double bedrooms, including a well-proportioned master bedroom measuring 11'2" and benefiting from built-in wardrobes.
The second bedroom is also a comfortable double, making the layout ideal for couples, small families, or those working from home.
Externally, the property enjoys an enclosed west-facing rear garden, perfect for afternoon and evening sun, offering a private outdoor space for relaxing or entertaining.
To the front, there is on-road, non-permit parking available.
Conveniently located close to local amenities, shops, and transport links, this property combines practical living space with a sought-after location.
Early viewing is highly recommended – call today to avoid missing out.
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
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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 advisers before making any investment decisions.
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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
Agent & docs
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FAQ
About 116, Southend, Dereham
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