1-bedroom flat · NR19 1PP
Listing removedListed 134 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a well presented ground floor apartment located in part of a historic Grade II listed building.
The property boasts a large, open lounge with sash windows and original shutters, this creates a light room for entertaining.
Off of the lounge is a good sized, modern kitchen with an electric oven / hob. Internally this property also has a good sized double bedroom and also a sleek bathroom with shower over the bath.
The apartment has original period shutters and characteristic features. To finish there is electric heating throughout with communal grounds and plenty of off road parking.
Dereham has excellent local shops both independent and high street names, schools from nursery to 6th form, restaurants bars and pubs as well as state of the art library and leisure centre.
The property is available end of July. Council Tax Band: A Holding Deposit: £161.00 Available end of July One bedroom Ground floor Great location Off road parking Secure entry
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.
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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
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