2-bedroom bungalow · NR20 3NU
Listing removedListed 229 days
Opportunity summary
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About
Summary A rare opportunity to acquire a spacious detached bungalow that is offered to the market for the first time since it was built in 1961.
Set on a generous South facing plot of almost a fifth of an acre, the property provides a blank canvas to allow for complete modernisation.
Possibilities include remodelling the existing layout to open-plan living or to extend to the front or rear of the property, a loft conversion or double storey (subject to all usual planning consents.) Inside The property has a porch and hallway that leads to a bright and spacious lounge with fireplace, and there are two large double bedrooms, a conservatory, bathroom and a light and airy kitchen/breakfast room with integrated pantry and cupboards with access to the back garden.
There is a further storage cupboard in the hallway.
The loft has high-pitched eaves offering the potential for conversion to bedrooms or storage and the property is in need of updating throughout but boasts huge potential for prospective buyers to put their own creative stamp on it.
Outside The property is approached by a long hard standing driveway, which provides off road parking for multiple vehicles and access to the garage.
The remainder of the front is laid to shingle which could provide extensive further off road parking or be restored to its original expansive lawn.
There is access to the rear garden through gates on both sides of the property.
Laid predominately to lawn, stepping through to the rear garden, you will immediately appreciate the scope to extend whilst still being able to maintain a generous sized garden.
There is a mature apple tree as well as a small pond and greenhouse. The garden is situated in an optimum South facing position and provides the opportunity to create complete seclusion.
Garage The tandem garage can accommodate two cars and has an integrated pit for optional use.
With power, lighting, and a window overlooking the rear garden and to the side aspect, there is a door opening to the conservatory and a roller door to the front.
Given it's size, the garage provides an abundance of storage opportunities or the prospect to incorporate the existing garage floor space into the property through remodelling.
Location The property is situated in a set-back, quiet and non-estate location in Mattishall village.
With a population of around 2,000 residents it is ideally situated just 5 miles from the market town of Dereham and 10 miles from the vibrant City of Norwich and 35 miles to the Norfolk coastline.
Mattishall holds ever-growing popularity due to its semi-rural location, family-friendly feel and the plentiful conveniences on offer for the community.
The A47 is in easy reach just 6 minutes away offering an easy commute to Norwich city centre in 25 minutes.
It is 9 minutes drive from Dereham train station and 19 minutes drive from Norfolk and Norwich Hospital and University.
There are public bus services that take you directly to Dereham and Norwich with the bus stops being very close to the property for both directions.
Within Mattishall you will find conveniences including a doctors surgery with pharmacy, a newsagent, convenience store, Post Office, and The Swan public house.
There is also a hairdressers, butchers, fish and chip shop, a car servicing centre, Tabnabs Café and South Green Park Café bar.
There are several beautiful churches, (the nearest being All Saints) and Mattishall Golf Course with its own club house attached.
There is also Kimblewick Equestrian Centre and Mattishall Sports and Social Club which has a large playing field, facilities for sports such as cricket and football, and an impending play park for children.
It offers many community events such as BBQ's, games nights and entertainment.
Schools & Nurseries The property is well positioned for access to Bishy Barnabees that offers a day nursery for children 0-10 years 4 minutes drive away and Little Footsteps Nursery School offers provision from 4 months to 5 years and is just a 10 minute walk from the property (2 minutes drive away.) Right next door to the Nursery is Mattishall Primary School for children age 5 to 11 years.
Bus stops are just moments away from the property that run to Neatherd Secondary School (6 minutes drive) and Northgate High School in Dereham 11 minutes away.
Dereham Sixth Form College is 8 minutes drive. ** GUIDE PRICE £220,000 - £240,000 ** Notes Tenure - Freehold Breckland Council Tax Band B. No chain. Highly recommended for viewing.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 Dereham Road, Mattishall, Dereham
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