3-bedroom terraced house · NR20 3AW
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a fantastic tucked-away position just off Norwich Road, this beautifully renovated and deceptively spacious end-of-terrace home offers a fantastic amount of accommodation arranged over three floors, together with a generous enclosed rear garden and a superb detached home office.
The property has been thoughtfully improved by the current owners, combining the character and charm associated with Malthouse Cottages with modern-day living.
The accommodation extends to approximately 1,401 sq ft, providing considerably more space than you might initially expect from the exterior.
On entering, the ground floor has a particularly sociable feel, with the dining room flowing through into the lounge and kitchen.
The 12'6 lounge provides a comfortable main reception space, while the 12'6 dining room offers plenty of room for a large dining table and is ideally positioned between the lounge and kitchen.
The kitchen measures an impressive 15'8 x 8'11 and provides a good range of fitted units and work surfaces, with further natural light coming into the room.
From here, doors lead through into the fantastic 12'10 x 9'8 garden room, which is a real highlight of the property.
With underfloor heating and direct access onto the rear garden, this is a wonderfully versatile space that could be used as an additional sitting room, entertaining space, playroom or home office.
A useful downstairs WC completes the ground floor. The first floor provides two generous double bedrooms, with the larger bedroom measuring approximately 13'2 x 11'10.
There is also a beautifully presented family bathroom, while the landing provides access to the staircase leading to the second floor.
The entire second floor is given over to the impressive 17'1 x 10'2 master bedroom, which offers an excellent amount of space for a large bedroom suite.
There is also a good amount of built-in storage together with a private en-suite shower room, making this a particularly impressive principal bedroom.
Outside, the property benefits from a fantastic enclosed rear garden, offering a good degree of privacy and providing plenty of space for seating, entertaining and enjoying the garden.
At the far end is the impressive 13'2 x 7'6 detached office, which has its own lighting and electrics together with a wood burner, making it an ideal year-round workspace, studio or hobby room.
There is also a separate shed providing additional storage.
To the front, the property benefits from a private, tucked-away approach and EV charging point, adding further practicality to what is already a very well-equipped home.
The location is another major attraction.
Malthouse Cottages is tucked away just off Norwich Road, while remaining within easy reach of Dereham town centre and its wide range of amenities, shops, schools and leisure facilities.
The historic Malthouse Cottages form part of an established and characterful area close to the former maltings and tannery, adding to the appeal of the setting.
Overall, this is a particularly versatile and individual home, offering three genuine double bedrooms, excellent reception space, a fantastic garden room, two bath/shower rooms plus a downstairs WC, a private enclosed garden and an exceptional detached office.
The combination of the accommodation, outside space and tucked-away location makes this a property that really needs to be viewed to be fully appreciated.
** guide price £300,000 - £325,000 ** call Homeworks today to arrange your viewing and avoid missing out.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Malthouse Cottages,18, Norwich Road, Dereham
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