3-bedroom house · NR20 4PE
Listing removedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3017988. 2023 fully refurbished family home with a new oil-fired boiler, windows & doors, kitchen, bathroom, flooring and freshly decorated.
Situated in a nice quiet cul-de-sac with a green in front, off-road parking within walking distance of the school and shop.
The house has a kitchen-diner with built-in cooker and hob, a separate lounge and good sized heated conservatory.
Upstairs the new bathroom also has a new electric shower, bedroom 1 has 2 built-in wardrobes, bedroom 2 has a built-in wardrobe also, bedroom 3 has no cupboards. The garden has 2 sheds.
After viewing, to apply you will need to be able to provide the following - Credit score (readily available to you online for free, by Law), 3 months current a/c statements (we're interested in your bill paying not your a/c number!), employment reference, personal reference - for all adults intending to live in the property (all adults will be on the tenancy agreement).
The tenancy agreement will be an Assured Periodic Tenancy. The house in a no-smoking house, one (well behaved) pet will be accepted.
The tenants will be responsible for all bills, utilities and Council Tax and will need to provide proof of home insurance cover before handover.
The rental of £1150 will be due on the 1st of the month in advance (pro-rata for the first month depending on the start of the tenancy). The deposit will be £1150 and will be lodged with TDS.
Summary & Exclusions: - Rent Amount: £1,150.00 per month (£265.38 per week) - Deposit / Bond: £1,150.00 - 3 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 26 August 2026 - Maximum number of tenants is 5 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 3017988 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Thompson Close, Swanton Morley, Dereham
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