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See how verdicts work2-bedroom terraced house · NR21 9DG
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Very Attractive, mid-terraced Victorian Cottage recently thoroughly refurbished, and having gas centrally heated and double glazed 2 bedroomed accommodation and a long, enclosed garden.
The property is conveniently located, within 1/3rd mile of the Town Centre.
Works to the property have included; new roof, new electrics, new kitchen fittings, new power-shower & WC, new carpets and flooring to the kitchen, new rainwater goods, and redecoration.
The accommodation comprises: On the Ground Floor; Sitting room, Dining room and Fitted kitchen with built in appliances. First Floor; Landing, 2 Bedrooms and Shower room.
Outside: Long enclosed Garden. Ground Floor: ½ glazed door to; Sitting room: 11'10" x 10'7", (3.6m x 3.2m).
Fireplace with (redundant) living flame gas fire, attractive marble surround, mantle shelf and hearth. 3 wall lights. Dining room: 12'0" x 10'10", (3.7m x 3.3m). Built-in cupboard.
Staircase to first floor. Kitchen: 13'2 x 6'3", (4.0m x 1.9m).
1½ bowl stainless steel sink unit with tiled surround, set in fitted work surface with appliance space and plumbing for washing machine under.
Further fitted work top with built-in 4 ring electric hob unit, stainless steel splashback and recirculating hood over, and electric cooker under.
Matching range of wall mounted cupboard units and fridge/freezer. Fitted breakfast bar. Half glazed door to outside. First Floor: Landing: Built-in cupboard housing gas fired central heating boiler.
Bedroom 1: 11'10" x 10'9", (3.6m x 3.3m). 2 Built-in wardrobe cupboards. Centre light and 2 wall lights. Bedroom 2: 11'3" x 5'8", (3.4m x 1.7m).
Fully tiled Shower room: Fully tiled shower cubicle with new power-shower and sliding glass screen doors. Hand basin with tiled surround and drawers and cupboards under. Lew low level WC. Tiled floor.
Outside: To the front of the cottage is a gravelled Garden area.
A shared pedestrian path leads around the side and rear of the adjoining property to the rear of this property, and to a lovely, well fenced, mainly lawned garden extending, in all, to about 40m.
At the end of the garden is a very private, paved patio area. Services: All mains services are connected to the property. District Authority: North Norfolk District Council, Cromer. Tel: .
Tax Band: "A". Directions: From the Market Square, on foot, proceed to the Parish Church and take Church Lanes - a public pathway which leads to Highfield Road.
The property is on the right at 450 yards, just after the turning to Rosemary Terrace.
By car, from the Town Centre take Queens Road, and turn left opposite Summerhill Vet's Practice into Rosemary Terrace.
Proceed on foot from the end of the Street, turning right into Church Lanes, and the property is on the right.
Location: Fakenham is a Market Town standing on the River Wensum in the heart of North Norfolk.
The picturesque Coast with its fine sandy beaches, pinewoods, marshes, and sailing harbours is 10 miles distant, Kings Lynn is 22 miles distant and the fine City of Norwich, 25 miles.
The Town has a wide range of shopping, educational and sporting facilities, including a National Hunt racecourse, and was once voted by the readers of "Country Life" magazine as the seventh best Town in Britain in which to live.
EPC: D
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Church Lanes, Fakenham, Norfolk, NR21
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