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Two Bedroom Leasehold First Floor Flat with Allocated Parking

Two Bedroom Leasehold First Floor Flat with Allocated Parking

Address

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Auction date

17 Nov 2026

Guide price

£75,000

Type

Flat

Tenure

Leasehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

This well-maintained, vacant two-bedroom flat in Dereham offers a spacious layout, allocated parking and potential rental income of £775 per month. The property is described as light and airy and is presented as a potential investment opportunity.

  • Two bedrooms, a generous sitting room extending in an L-shape into the kitchen, and a bathroom
  • Communal entrance hall with stairs, mailboxes and telecom entry
  • Allocated parking space in the adjacent car park
  • Leasehold: 99-year lease from 24 June 1984, with 57 years remaining; lease extension is possible
  • EPC rating C; Council Tax Band A
  • Currently vacant; stated potential rent of £775 pcm (£9,300 per year)

The remaining lease term means the listing advises that the flat is suitable for cash buyers only. Updating the property and extending the lease may offer scope to improve its value. The stated rental potential provides an investment angle, subject to the buyer’s assessment of the lease and any required works.

Last update: 23 Oct 2026

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