2-bedroom flat · NR20 3AW
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unfurnished Ground Floor Apartment in a Converted Tannery Located Near the Centre of Dereham With 2 bedrooms, spacious open plan kitchen & lounge (with built in oven, hob and extractor), bathroom (with shower over bath), central heating, double glazing, private parking and communal bicycle storage.
Additional Material Information Brick Built Ground Floor Apartment Council Tax Band A _- Breckland Council Timber Framed Double Glazed Windows Electric Central Heating and Hot Water Connected Mains Electric Supply Connected Mains Water Supply Connected Mains Sewerage For details of Broadband and Mobile Phone Signal / Coverage, we recommend Ofcom Checker Private Parking for One Car Please ask if you require 'Ease of Access' information Not a Listed Building
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Norwich Road, Dereham, NR20
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