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See how verdicts work2-bedroom bungalow · NR19 1HN
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A spacious and versatile three-bedroom bungalow with generous loft room, offering a large lounge, bright conservatory, garage and substantial enclosed rear garden, ideally positioned on the edge of Dereham offering fantastic potential for modernisation and personalisation.
Description Occupying a popular position on the edge of Dereham, this well-proportioned three-bedroom bungalow with a generous loft room offers versatile accommodation, a substantial rear garden, garage and conservatory, making it an excellent opportunity for a variety of buyers.
While the property would benefit from some tlc and updating in several areas, it offers excellent potential for buyers looking to personalise a home to their own taste and requirements.
The accommodation includes a spacious lounge featuring a fireplace and large window allowing plenty of natural light, alongside a well-equipped kitchen with fitted cupboards, gas hob and space for appliances.
There are two ground-floor bedrooms, together with a three-piece family bathroom and a bright conservatory providing direct access to the garden.
A staircase leads to the impressive loft room, currently utilised as a generous third bedroom, while all three bedrooms benefit from fitted wardrobes.
Outside, the property enjoys a lawned front garden and driveway providing access to the garage.
To the rear is a particularly generous enclosed garden, predominantly laid to lawn with a patio area, established shrubs and useful garden shed.
Dereham offers an excellent range of shops, amenities, schooling and transport links towards Norwich.
Viewing is highly recommended to fully appreciate the space, potential and opportunity this property has to offer.
Agent Note Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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, Potters Bar, DEREHAM
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