4-bedroom terraced house · NR20 5HF
For saleListed 29 days
Opportunity summary
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About
Guide price: £400,000 - £425,000.
This brand new terraced home forms part of an attractive new development surrounded by open countryside, and offers impressive accommodation arranged across three floors.
With five bedrooms, a spacious first-floor living room, contemporary kitchen, two bathrooms and useful additional facilities, the property provides a generous and flexible layout designed around modern family life.
The combination of a peaceful rural setting, integral garage and energy-efficient heating makes this an appealing opportunity for buyers looking for a new build home with plenty of space.
Finished to a high standard throughout, the property offers a fresh and modern home that is ready to move into, while the surrounding countryside provides an attractive backdrop to everyday living.
Location Situated in the village of North Elmham, Rake Drive enjoys a peaceful setting surrounded by the attractive Norfolk countryside, while remaining within easy reach of everyday amenities.
North Elmham is a well established village with a local primary school, village shop, public houses, takeaway facilities and community amenities, with further shopping, leisure and healthcare services available in the nearby market town of Dereham.
Regular bus services operate through the village, providing connections to Dereham and surrounding areas.
The surrounding area offers plenty of opportunities to enjoy the outdoors, with North Elmham Playing Field providing local recreational space and the wider Wensum Valley offering attractive countryside for walking and cycling.
The village is also well placed for exploring other parts of Norfolk, with Dereham and Fakenham both within convenient driving distance, while Norwich is accessible further afield.
Rake Drive, North Elmham The property is approached through a welcoming entrance hall, providing access to the main ground floor accommodation, integral garage and stairs leading to the upper floors.
A useful utility room and ground floor WC add to the practicality of this level, while the first of the five bedrooms provides excellent flexibility.
This room could be used as a comfortable bedroom for guests or family members, or alternatively adapted as a home office or additional living space depending on individual requirements.
The first floor provides the main living accommodation, with a particularly spacious living room offering plenty of room for comfortable seating and dining.
The generous proportions make this a versatile space for everyday family life and entertaining, while the French doors provide a pleasant connection to the outside and allow plenty of natural light into the room.
The contemporary kitchen is positioned alongside the living space and has been fitted with modern units, practical work surfaces and integrated Bosch appliances, together with a Quooker tap.
The combination of modern specification and thoughtful layout creates a stylish and practical kitchen for everyday use.
The second floor provides four further bedrooms, offering comfortable accommodation for family members, guests or those requiring dedicated home working space.
The principal bedroom benefits from its own ensuite shower room, providing a private bathroom facility, while the remaining bedrooms are served by the modern family bathroom.
The arrangement across the upper floors creates a clear separation between the main living areas and sleeping accommodation.
The property also benefits from an integral garage, providing secure parking and useful additional storage.
Its position within the development offers a peaceful setting surrounded by open countryside, while nearby amenities and market towns provide convenient access to everyday facilities.
Further enhancing the home is an air source heat pump, providing an energy efficient heating solution designed to help reduce running costs while maintaining comfortable temperatures throughout the year.
Agents Notes Some images used in this listing have been digitally staged to illustrate potential furnishing and layout options.
We recommend arranging a viewing to assess the space and features in person. Freehold, connected to mains water, electricity and drainage.
Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 5 Rake Drive, Dereham
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