2-bedroom bungalow · NR19 1LF
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This semi-detached bungalow, offered with no onward chain, presents a superb opportunity for those looking to create their ideal home.
Requiring updating, this property is situated on a generous plot, offering significant potential for extension (subject to planning permission).
It features two double bedrooms, a spacious 16'3 lounge, a family bathroom, a detached garage, ample parking, and an enclosed rear garden.
Upon entering, you are welcomed into a practical layout that awaits your personal touch.
The heart of the home is the spacious 16'3 lounge, a comfortable area ready to be transformed into a warm and inviting living space.
Its generous proportions provide ample room for relaxation and entertaining, offering a versatile canvas for your design ideas.
The property includes two well-proportioned double bedrooms, each providing a comfortable retreat. These rooms offer plenty of space for furniture and personal touches, catering to a variety of needs.
A family bathroom serves the property, ready for modernisation to suit contemporary tastes.
One of the most appealing aspects of this bungalow is its generous plot, which offers excellent potential for extension, subject to the necessary planning permissions.
This provides a fantastic opportunity to significantly enhance the living space and add considerable value to the property.
Externally, the property benefits from a detached garage and ample driveway parking, providing convenience and secure storage.
The enclosed rear garden offers a private outdoor space, perfect for gardening, outdoor dining, or simply enjoying the warmer months.
This area also presents an opportunity for landscaping to create a bespoke outdoor sanctuary.
Situated in the NR19 postcode, the property is well-located for access to local amenities and transport links, enhancing its appeal.
The requirement for updating allows a new owner to tailor the property to their exact specifications and create a truly bespoke living environment.
This bungalow, with its considerable potential, generous plot, and no onward chain, represents an outstanding opportunity to acquire a home ready for transformation.
Early viewing is highly recommended to fully appreciate the scope and possibilities on offer.
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.
Area
Agent & docs
FAQ
About 7, Kennedy Close, Dereham
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