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See how verdicts work2-bedroom house · NR20 5HG
Sold STCReduced £20k (−9.1%) on 22 JulListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away within a quiet cul-de-sac in the popular village of North Elmham, this well-presented two-bedroom home offers comfortable accommodation, attractive outdoor space and picturesque field views to the rear.
Combining a spacious open-plan layout with a conservatory, enclosed garden and off-road parking, the property is perfectly suited to first-time buyers, downsizers or those seeking a peaceful village lifestyle within easy reach of local amenities and transport links.
Location Situated in the sought-after village of North Elmham, Orchard Close enjoys a desirable setting within the heart of the Norfolk countryside.
The village offers a range of everyday amenities including a convenience store, medical practice, primary school, cafés, and local pubs, creating a strong and well-served community.
Rich in history, North Elmham is home to the remains of a Norman chapel and benefits from a variety of scenic walking routes through the surrounding countryside.
The nearby market towns of Dereham and Fakenham provide a wider selection of shopping, leisure, and healthcare facilities, while Norwich is within comfortable driving distance for access to extensive retail, dining, and transport links.
Combining village charm with practical convenience, North Elmham remains one of the area's most desirable rural locations.
Orchard Close Stepping inside, the property opens into a generous open-plan lounge and kitchen diner that creates a sociable and welcoming living environment.
The lounge provides ample space for relaxation, while the adjoining kitchen diner is fitted with a range of storage units and work surfaces, offering practicality for everyday living.
The open-plan design enhances the sense of space and allows natural light to flow throughout the ground floor.
To the rear, the conservatory provides an additional reception area that can be enjoyed throughout the seasons.
Overlooking the garden and accessed directly from the main living space, it offers a versatile setting for dining, entertaining or simply relaxing while taking in the surrounding outlook.
The first floor comprises two well-proportioned double bedrooms, both offering comfortable accommodation and served by a family bathroom fitted with a bath, wash basin and WC.
The layout is ideal for a range of buyers, whether requiring guest accommodation, a home office or additional storage space.
Outside, the property continues to impress with an enclosed rear garden that enjoys a peaceful backdrop of open fields.
Designed for ease of maintenance, the garden features a lawn, patio seating area and a useful storage shed, creating an enjoyable space for outdoor dining and relaxation.
To the front, the low-maintenance frontage provides off-road parking, while lpg gas central heating and double glazing contribute to the property's year-round comfort.
Agents Notes Freehold, connected to mains water, electricity and drainage.
Council tax band - B 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
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 54 Orchard Close, Dereham
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