1-bedroom flat · NR19 1AD
Listing removedListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the centre of Dereham, this well-presented studio flat offers comfortable and low-maintenance accommodation with the added benefit of its own private entrance and allocated parking.
Available from late September and offered unfurnished, the property provides a practical layout with a bright main living area, fitted kitchen, separate shower room and useful storage.
Its central position makes it particularly convenient for a single occupant looking for a manageable home within easy reach of everyday amenities. UK homeowner guarantor required.
Location Situated on Norwich Street in the heart of Dereham, this property enjoys a particularly convenient town centre location, with a wide range of everyday amenities within easy reach.
Dereham is a thriving market town offering independent shops, cafés, restaurants, supermarkets, healthcare services, and regular local markets, while the surrounding area provides a good choice of schools and leisure facilities.
Regular bus services connect the town with Norwich and surrounding villages, while the A47 provides straightforward road links for travel further afield.
The central position also places the property close to Dereham's parks and green spaces, with the town providing opportunities for walking and recreation alongside its varied shopping and leisure facilities.
Norwich is approximately 18 miles away, offering an extensive range of shopping, dining, entertainment, and cultural attractions, making this a well placed location for enjoying the convenience of town living while remaining within easy reach of the wider Norfolk countryside Norwich Street The flat is approached via its own private entrance, providing a good sense of independence and privacy.
From the hall area, you can access the main accommodation and includes useful storage space.
The layout makes good use of the available space while keeping the different areas of the property clearly defined.
The main living area is bright and versatile, with enough space to accommodate both lounge and bedroom furniture.
The room provides plenty of flexibility for arranging a sofa, double bed and additional storage, allowing the space to work comfortably as both a living and sleeping area.
Two front facing windows allow natural light into the room, creating a pleasant and inviting environment.
The fitted kitchen is positioned to the rear of the property and offers a practical range of units, together with an electric oven and hob and space for essential appliances.
There is also provision for a washing machine within the inner hallway, helping to maximise the functionality of the accommodation.
The shower room is conveniently positioned alongside the kitchen and is fitted with a modern white suite.
A further benefit is the allocated parking space, which is particularly useful given the property's central location. Agents Notes Please note the tenant will need a UK homeowner guarantor.
Some images used in this listing have been digitally staged to illustrate potential furnishing and layout options. We recommend arranging a viewing to assess the space and features in person.
EPC Rating: D Disclaimer Minors and Brady and their representatives are not authorised to give assurances about the property, either on their own behalf or that of the landlord.
We do not accept responsibility for any statements in these particulars, which do not form part of any offer or contract. All areas, measurements, and distances are approximate.
Information provided-including text, photos, and plans-is for general guidance only and may not fully represent the property.
It should not be assumed the property has all necessary planning permissions, building regulations, or other consents.
Services, appliances, equipment, furniture, and fixtures have not been tested by Minors and Brady.
Prospective tenants must carry out their own checks to confirm what is included in the tenancy and the condition of any items.
The advertised availability date is subject to references and contract and may depend on another occupant vacating the property on time.
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.
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.
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FAQ
About Flat 1, 63 Norwich Street, Dereham
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