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Two Bedroom Second Floor Leasehold Flat with Allocated Parking

Two Bedroom Second Floor Leasehold Flat with Allocated Parking

Address

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Auction date

17 Nov 2026

Guide price

£75,000

Type

Flat

Tenure

Leasehold

EPC Rating

D

Status

Upcoming

Auction location placehbolder

Description

This well-maintained, light and airy two-bedroom flat is situated in central Dereham and is currently let, providing an established rental income. The property includes allocated parking and offers an opportunity for an investor or buyer seeking a home with scope for improvement.

  • Two double bedrooms, a generous sitting room opening into the kitchen, and a bathroom
  • Communal entrance with telephone entry system, stairs and mailboxes
  • Allocated parking space in the car park
  • Leasehold, with 57 years remaining; the lease is stated to be extendable
  • EPC rating D
  • Current rent of £775 per calendar month, equivalent to £9,300 per annum

The short remaining lease means the property is described as suitable for cash buyers only. Some updating and a lease extension could improve its value. Its existing tenancy and stated rental income offer an investment angle, while buyers should consider the lease term and potential extension costs as part of their purchase assessment.

Last update: 23 Oct 2026

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