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See how verdicts work2-bedroom terraced house · NR20 3AR
For saleReduced £20k (−9.1%) on 8 OctListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set along a desirable road just moments from the centre of Dereham, this attractive end-of-terrace home presents an excellent opportunity for first-time buyers, investors or those seeking a property that offers both character and convenience.
Inside, two inviting reception rooms centred around charming brick-built fireplaces provide welcoming spaces for everyday living and entertaining, while the modern kitchen, separate utility room and ground floor WC cater perfectly to modern lifestyles.
Upstairs, two generous double bedrooms are served by a well-appointed bathroom with built-in vanity storage.
Outside, the private low-maintenance garden offers an enjoyable setting for relaxing and socialising, complemented by off-road parking, making this a home that is as practical as it is appealing.
The Location Norwich Road is situated within the popular Norfolk market town of Dereham, offering a convenient residential setting with easy access to a wide range of local amenities.
The town is highly regarded for its strong community atmosphere, excellent facilities, and central position within Norfolk, providing convenient access to both Norwich and the surrounding countryside.
Residents benefit from an excellent selection of shops, supermarkets, cafés, restaurants, schools, and healthcare facilities, all readily accessible within the town.
Dereham's thriving centre offers a variety of independent retailers, national stores, leisure amenities, and community services, catering for a wide range of everyday needs.
The area provides a wealth of recreational opportunities, with nearby parks, open green spaces, leisure facilities, and countryside walks offering excellent opportunities for outdoor enjoyment.
The surrounding Norfolk countryside further enhances the appeal of the location, providing attractive walking and cycling routes through picturesque rural landscapes.
Dereham is conveniently positioned for access to the nearby market towns of Fakenham, Watton, and Wymondham, whilst the city of Norwich is within easy reach and offers an extensive range of shopping, dining, cultural, educational, and entertainment facilities.
The area enjoys excellent transport connections, with convenient access to the A47 providing direct routes to Norwich, King's Lynn, and the wider Norfolk region.
Norwich railway station is easily accessible and offers regular services to Cambridge, London Liverpool Street, and destinations across the country, making the location particularly appealing to commuters.
Norwich Road, Dereham Positioned along a desirable road just a short distance from the heart of Dereham, this well-presented end-of-terrace home offers an appealing opportunity for first-time buyers, downsizers or investors seeking a property that is ready to enjoy from day one.
Stepping inside, the welcoming accommodation unfolds with two versatile reception rooms that create distinct areas for both relaxation and entertaining.
Each space is enhanced by an attractive brick-built fireplace, adding character and a natural focal point to the rooms.
Whether hosting friends for dinner, enjoying family meals or settling in for a quiet evening, these rooms offer flexibility to suit a variety of lifestyles while retaining a warm and inviting atmosphere.
The kitchen has been thoughtfully fitted with modern cabinetry, providing ample storage alongside generous work surface space for day-to-day cooking.
An integrated oven is neatly incorporated, while designated under-counter areas accommodate additional appliances.
Positioned to the rear, the separate utility room offers valuable practical space for laundry and household essentials, helping to keep the main living areas organised and clutter-free.
A conveniently located ground floor WC further enhances the functionality of the home.
Upstairs, the property continues to impress with two comfortable double bedrooms, each offering the space and versatility required for modern living.
The rooms provide peaceful environments for rest and relaxation, with scope for home working, guest accommodation or additional storage where desired.
The rear bedroom benefits from direct access to the bathroom.
The bathroom is fitted with a three-piece suite and complemented by built-in vanity storage, providing a practical and stylish space for everyday use.
Outside, the rear garden has been designed with ease of maintenance in mind, allowing more time to enjoy the space rather than maintain it.
A combination of paved and shingled areas creates ideal spots for outdoor dining and summer gatherings.
Established planting beds, mature trees and seasonal greenery provide colour and interest throughout the year, while a timber shed offers useful storage for gardening equipment, bicycles or outdoor furniture.
To the front, a private driveway provides valuable off-road parking, completing the practical appeal of this attractive home. Agents Notes This property will be sold freehold.
Connected to mains water, electricity and drainage. Gas central heating system. Please note: This property has a bisected garden.
Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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.
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.
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FAQ
About 102 Norwich Road, Dereham
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