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15 bed property, in 116 Sandy Lane, £595,000
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15 bed flat

116 Sandy Lane, Dereham, Norfolk, NR19 2EF
Auction
£595,000

Our Summary

  • Guide Price= £595,000-£625,000 **For Sale By Unconditional Online Auction - Auction Ends 30/06/2026 11:00** Description No
  • 116 Sandy Lane comprises an excellent freehold investment opportunity of nine individual flats, comprising of six 1 bedroom & three 3 bedroom apartments that are all let on assured short hold tenancies, as a whole the building generates an impressive income of circa £88,250 per annum
  • The whole will appeal to wide range of buyers looking for a high yielding investment opportunity in a popular South Norfolk market town

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Description

No. 116 Sandy Lane is a freehold property consisting of nine individual flats, including six one-bedroom and three three-bedroom apartments. Each apartment has a parking space and an outside storage area. The building is relatively new, having been constructed in 2023, and boasts high EPC ratings of B. The property has mains electricity for electric storage heaters, mains water, and drainage.