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 work3-bedroom terraced house · NR19 1AE
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £230,000 - £240,000 A charming terraced cottage ideally situated within walking distance of the town centre and a range of local amenities.
Offered with no onward chain, this delightful home provides spacious and well-balanced accommodation throughout, making it an ideal purchase for first-time buyers, families, or investors alike.
The ground floor comprises a generous living room and separate dining room, creating versatile and welcoming living spaces.
The fitted kitchen offers access to the enclosed rear garden, while a convenient ground floor shower room adds further practicality.
To the first floor are three bedrooms served by a family bathroom suite.
Externally, the property benefits from an enclosed rear garden, perfect for outdoor entertaining or relaxing, along with a useful outbuilding with electric supply.
Early viewing is highly recommended to appreciate all that this charming home has to offer. N.B. The property enjoys a pedestrian right of way through the passageway to access the rear garden.
The occupier is responsible to pay a proportion of the cost towards the maintenance of the passageway. Services Gas central heating. Mains gas, electricity, water and drainage connected.
For room measurements please click on the floor plan option. Situation Dereham is a well-served Breckland market town, located in the heart of Norfolk.
The town offers a great mixture of excellent independent shops, national retailers, cafes and restaurants.
Dereham has a good selection of primary and secondary education, with numerous bus connection from the town centre connecting the nearby villages.
Location To find the property from Dereham Market Place turn right at the war memorial and proceed onto Wellington Road.
Take the next turning right onto Cowper Road and follow the road until the traffic lights.
Proceed straight ahead onto Commercial Road and follow the road where the property will be found on the left hand side with a ‘For Sale’ board erected for ease of identification.
For further information and to arrange your viewing, please contact our friendly and professional staff.
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 Commercial Road, Dereham
Explore nearby
