2-bedroom flat · NR19 1TH
For saleListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £130,000 - £140,000.
This well presented first floor flat is situated in a popular and convenient location, making it an ideal purchase for first-time buyers, downsizers, or investors alike.
The property boasts a large fitted kitchen with ample storage and workspace, perfect for everyday cooking and entertaining.
There are two well-proportioned bedrooms, offering flexible living space, along with a bright and comfortable lounge that provides a welcoming setting to relax.
Externally, the home benefits from off-road parking and a good sized private garden, ideal for outdoor dining, gardening, or simply enjoying the warmer months.
Further advantages include gas central heating, uPVC double glazing, and the added benefit of no onward chain. Services Gas central heating. Mains electricity, water and drainage connected.
Leasehold Information: Years remaining: Approx.170 years Annual Service Charge: £739.54 Ground Rent: Peppercorn. For room measurements please click on the floor plan option.
Location Toftwood is a residential district of Dereham situated approximately half a mile from the thriving town centre, to which there is a half hourly bus service.
Dereham itself has excellent local shops schools and many other amenities. Directions Leave Dereham on the A1075 Shipdham Road and pass underneath the flyover and enter Toftwood.
Turn right just before the Post Office into Stone Road and then take first left into St Georges Drive and then the property can be found on the left hand side slightly before the turning into Warren Place with a 'For Sale' board erected for ease of identification.
For further information and to arrange your viewing, please contact our friendly and professional staff.
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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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
FAQ
About Warren Place, Dereham
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