12-14, Quebec Street, Dereham, NR192DJ

Enquire quoting ref 101850 to book a viewing online and connect to the local agent.

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £200,000

An exceptional investment opportunity has arisen to acquire a substantial freehold building in Dereham, currently configured as four self-contained, one-bedroom maisonettes. Situated in the highly desirable NR19 postcode, this versatile property is being offered for sale as a single block via auction, presenting an outstanding addition to any residential portfolio. Each of the four individual maisonettes has been meticulously designed to offer independent living spaces with their own private entrances, fully fitted kitchens, contemporary shower rooms, and dedicated living areas. The property represents a high-yielding asset in excellent order, with the vendor also willing to consider selling the individual units separately to suit diverse buyer requirements.

The ground-floor maisonettes boast direct access and a bright, airy disposition. Each unit features a spacious, open-plan living and dining area designed to maximise natural light, complemented by neutral decor and high-quality laminate flooring. The modern kitchens boast contemporary cabinetry, sleek countertops, and some built-in appliances, including an electric oven, hob, and extractor fan, offering a premium space for cooking. The well-proportioned double bedrooms are finished in calming neutral tones with plush carpeting, providing a quiet retreat for tenants.

The first-floor maisonettes mirror this high specification, offering elevated views and a superb sense of privacy. The living areas are generously sized, accommodating both lounge furniture and a dining set comfortably. Each kitchen is finished to a high specification with ample storage and preparation space. The bathrooms across all four units are modern, fully tiled shower rooms equipped with high-pressure corner showers, low-level WCs, pedestal hand wash basins, and heated towel rails, ensuring a luxurious and low-maintenance finish throughout.

The properties are double-glazed throughout and benefit from modern, energy-efficient electric heating systems, making them cost-effective to run and highly attractive to the local rental market. Each maisonette operates on its own independent utility meters, ensuring straightforward management for a landlord or individual owner-occupiers. Externally, the building features low-maintenance communal areas and dedicated off-road parking provisions for residents.

Situated in the heart of Dereham, often referred to as the heart of Norfolk, the property benefits from an enviable location. The bustling town centre is within easy walking distance, offering an excellent selection of local amenities, including supermarkets, independent boutique shops, cafes, traditional pubs, and a local cinema. For leisure and recreation, the nearby Dereham Leisure Centre provides superb gym and swimming facilities. The property also benefits from excellent transport links, with the nearby A47 providing direct road access to the historic city of Norwich, which is approximately fifteen miles away, as well as easy connections to King's Lynn and the scenic North Norfolk coast. Frequent bus services run from the town centre, connecting residents to the wider Norfolk area.

This unique property represents a blue-chip investment opportunity, perfectly suited for seasoned landlords looking to expand their portfolio with a high-yield, low-vacancy asset, or for developers seeking individual units with strong resale potential. With the flexibility of acquiring the building as a whole via auction, or negotiating individual unit purchases, this is an opportunity not to be missed. Internal viewing is highly recommended to fully appreciate the scale, quality, and income potential of this impressive building. Please contact our office today to arrange your private viewing appointment.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Property enquiries and viewings are managed by OpenMoov.

Disclaimer:

Sales: The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Council tax rates have been obtained via the owner or VOA.gov and should be verified by your solicitor on purchase.

Lettings: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Referencing requirements will apply, a holding deposit of 1 weeks rent and a full deposit of up to 5 weeks rent. Council tax rates have been obtained via the owner or VOA.gov and should be verified prior to entering a tenancy agreement.