We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · NR19 1AD
Listing removedListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An open house event has been arranged for Saturday 11th April between 10am and 2pm - please call to book your slot.
Situated in a convenient location within Dereham, this substantial four bedroom end-terraced home offers a fantastic opportunity for buyers seeking a property with scope for improvement and the chance to create a home tailored to their own style and requirements.
Requiring updating throughout, the property is ideally suited to investors, developers, or families looking to take on a rewarding project, and is also offered with no onward chain.
The accommodation on the ground floor is notably spacious and well-proportioned, beginning with an impressive 19'9 living room that provides a bright and versatile living area, ideal for relaxing or entertaining guests.
Complementing this is a separate 15'9 dining room, offering a dedicated space for family meals or social occasions.
The generous 18'1 kitchen presents excellent potential for redesign, with ample room to create a modern and functional culinary space.
Further enhancing the ground floor is a conveniently located bathroom, adding to the practicality of the layout.
In addition, the property benefits from a 10'10 cellar, a useful and flexible space that could be utilised for storage or potentially adapted for other uses, subject to the necessary permissions.
Upstairs, the property offers four bedrooms, providing ample accommodation for growing families or those needing additional space for home working or guests.
Externally, the home features an enclosed garden, offering a private outdoor area with plenty of potential for landscaping or personalisation.
Early viewing is strongly recommended to fully appreciate the space, layout, and significant potential this property has to offer.
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 50, Norwich Street, Dereham
Explore nearby