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See how verdicts work2-bedroom flat · NR19 1SN
For saleReduced £15k (−10.7%) on 30 SepListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular village of Toftwood, Longsons are delighted to bring to the market this well maintained ground floor flat, The property offers lounge, kitchen, allocated parking, garage and UPVC double glazing.
Briefly, the property offers entrance porch, hallway, kitchen, lounge, two bedrooms, bathroom, garden, parking, en-bloc garage, UPVC double glazing and electric heating.
Toftwood Toftwood is a large residential village adjoining the popular market town of Dereham. Local amenities include shops, public house, infant and junior school and sport and leisure activities.
There is a regular bus service to Dereham one and a half miles away.
Dereham offers a multitude of shopping facilities and large supermarkets, a golf club and Dereham Leisure Centre with gym, modern pool and indoor bowls.
Entrance Porch UPVC double glazed entrance door to front, UPVC panel with double glazed window to side, door leading to hall. Entrance Hall Electric storage heater.
Lounge - 14'8" (4.47m) x 9'10" (3m) UPVC double glazed window to rear, electric storage heater.
Kitchen - 9'10" (3m) x 7'3" (2.21m) Fitted kitchen units to wall and floor, work surface over with one and half bowl sink unit with mixer tap and drainer, tiled splashback, space for tall fridge/freezer, space for cooker, space and plumbing for washing machine, UPVC double glazed window to front.
Bedroom One - 11'2" (3.4m) x 8'7" (2.62m) Electric storage heater, UPVC double glaze window to side.
Bedroom Two - 10'11" (3.33m) x 8'7" (2.62m) Electric storage heater, UPVC double glaze window to side.
Bathroom Bath with mixer tap and shower attachment, extractor fan, partly tiled walls, hand wash basin, WC, wall mounted fan heater.
Side and Rear Garden Patio seating area, path to rear garden, area laid to lawn, hedge and wooden fence to perimeter, shrubs and plants to beds and borders. En-Bloc Garage Up and over door for access.
Agent's Notes EPC rating D69 (Full copy available on request). Council tax band A (Own enquiries should be made via Breckland District Council).
Agent's Note 2 A lease term of 999 years has been agreed at a a peppercorn rate - an upkeep of 50% of the annual service charge cost.
What3words /// impeached.dominate.spells Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 4, Canons Close, Dereham
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