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See how verdicts work2-bedroom bungalow · NR20 5HL
Listing removedReduced £15k (−5.1%) on 1 AugListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Detached Bungalow The Norfolk Agents are delighted to offer this well-presented, two-bedroom detached bungalow, ideally positioned within a quiet cul-de-sac in the sought-after village of North Elmham.
This property offers spacious and well-appointed accommodation throughout, complemented by private rear gardens, a large driveway, and garage.
Accomodation: Visitors are welcomed into the bungalow via a central entrance hall.
To the right is the sitting room, a well-proportioned main reception space featuring a large front-facing picture window and a charming wood-burning stove.
Returning to the hallway and continuing through, you’ll find the second bedroom, an inviting, light-filled room ideal for guests.
Further along the hall is the spacious master bedroom, a generous double complete with fitted wardrobes. The bathroom is also conveniently located off the hallway.
The kitchen is a bright and expansive area, offering ample storage and plenty of space for a dining table, making it perfect for both everyday living and entertaining.
Completing the accommodation is a delightful garden room to the rear, providing additional versatile living space with views over the garden.
Outside, there is a driveway to the front, offering ample space for parking, alongside a garage.
The enclosed rear garden enjoys a sunny westerly orientation and includes a neatly maintained lawn, a paved seating area and a greenhouse.
Location North Elmham is a thriving village with an array of amenities which include a primary school, doctor's surgery, two pubs, village shop, tea rooms with post office, sports field with tennis court and an active village hall.
The village is a 10-minute car journey from the well-served market town of Dereham, whilst the city of Norwich and the vast and stunning beaches of Wells-Next-the Sea and Holkham, on the North Norfolk coast, are only half an hour's drive away.
Services: The property is connected to mains water and electricity, Mains drainage and Oil-fired central heating.
Tenure: Freehold council tax band: B EPC rating: D - The full certificate can be downloaded or provided by The Norfolk Agents. 1.
To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider.
A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset. 2.
While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property.
If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3.
The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property.
We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5.
These particulars are issued in good faith but do not form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
The Norfolk Agents limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to this property.”
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.
Area
Agent & docs
FAQ
About 7, Wensum Drive, Dereham
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