Homeworks says ..
CALLING ALL INVESTORS! HOMEWORKS ARE PROUD TO PRESENT THIS AMAZING OPPORTUNITY TO ACQUIRE FOUR FREEHOLD PROPERTIES! | THREE BEDROOM END OF TERRACE HOUSE WITH GARAGE | TWO MID-TERRACE HOUSES WITH GARAGES | TWO BEDROOM END OF TERRACE HOUSE WITH OFF ROAD PARKING & POTEN...
Property Oracle says ..
This property listing presents an investment opportunity, comprising four freehold properties located in Dereham, Norfolk. The main property shown in the photos appears to be a modest terraced house in reasonable condition, requiring minor cosmetic upgrades. The property offers nine bedrooms and four bathrooms, making it suitable for rental or multi-family occupancy. The location in Dereham offers access to local amenities and schools. However, the limited land and lack of detailed information regarding the individual properties (beyond the mention of three bedroom, two bedroom, and two mid-terrace houses with garages) makes a comprehensive evaluation challenging. The list price of £525,000 requires further scrutiny to determine the value for money given that the square footage only shows 1,010.41 sqft for the main property shown. The absence of plot size information for each individual unit also hinders a full assessment. Potential buyers should conduct thorough due diligence, including inspections of all four properties, to make an informed decision.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 9
- Bathrooms
- 4
- Sqft (est)
- 1,010.41
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 277,000.00 £Decreased by 22.32 %
- Est sale value
- 351,622.68 £Increased by 15.61 %
- Average area rental value
- 1,192.00 £/moIncreased by 9.26 %
- Est letting value
- 1,010.41 £/mo
- Est rental Yield
- 5.16 %Increased by 40.60 %
- Crime Rate
- 69.00 %Unchanged by 0.00 %
Agent Activity
Homeworks marked this listing as sold.
Homeworks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| King'S Park Infant School, Dereham | Academy Converter | Good | 0.27 KM |
| Dereham Church Of England Infant & Nursery School | Voluntary Aided School | Good | 0.49 KM |
| Dereham South Children'S Centre | Children's Centre | 0.52 KM | |
| Dereham Central Children'S Centre | Children's Centre | 0.52 KM | |
| Northgate High School | Academy Converter | Good | 0.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bloomfield Mews | £ 525,000 | 0 | 0.00 KM |
| Parker's Yard | £ 0 | 0 | 0.00 KM |
| Wright's Walk | £ 125,000 | 0 | 0.00 KM |
| Cross Way | £ 0 | 0 | 0.00 KM |
| Daphne Close | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wellington Road, Dereham | £ 145,000 | BUY | 7 / 10 | 0.03 KM |
| St. Nicholas Street, Dereham, Norfolk, NR19 | £ 130,000 | BUY | 5 / 10 | 0.06 KM |
| St. Nicholas Street, Dereham | £ 220,000 | BUY | 5 / 10 | 0.06 KM |
| St. Nicholas Street, Dereham | £ 160,000 | BUY | 6 / 10 | 0.06 KM |
| St. Nicholas Street, Dereham | £ 140,000 | BUY | Unknown | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Wellington Road | £ 110,000 | 0.01 KM |
| 5 Wellington Road | £ 35,000 | 0.01 KM |
| 18 Wellington Road | £ 117,500 | 0.01 KM |
| 8 Wellington Road | £ 196,500 | 0.04 KM |
| 13 Wellington Road | £ 125,000 | 0.04 KM |