About this property

For sale by online auction on 30th June 2026. Bidding window opens 12 noon on 29th June. Guide £595,000 - £625,000 plus fees

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. Please see rental breakdown within the images.

Each apartment has the benefit of parking spaces and outside store, with the building only being built in 2023 each apartment boasts high EPC ratings of B. The services on site are mains electricity for electric storage heaters, mains water & drainage.

The whole will appeal to wide range of buyers looking for a high yielding investment opportunity in a popular South Norfolk market town.

We advise interested parties to refer to the legal pack for further information in respect of the tenancies in place.

Solicitor: Howes Percival (Attn Joanna Nicholls), Flint Buildings, 1 Bedding Lane, Norwich, NR3 1RG. Tel. 01603 580040

LOCATION
Dereham is a popular South Norfolk market town, benefitting from an abundance of amenities close by & boasting good access links in and out of the county.

DIRECTIONS
What3words: ///bead.flatten.enjoys

AGENT'S NOTES:
(1) The photographs shown in this brochure have been taken with a camera using a wide angle lens and therefore interested parties are advised to check the room measurements prior to arranging a viewing.

(2) Intending buyers will be asked to produce original Identity Documentation and Proof of Address before solicitors are instructed.

VIEWING
Strictly by prior appointment through the selling agents' Norwich Office. Tel: 01603 629871

These particulars were prepared in February 2025. Ref. 068817