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See how verdicts work4-bedroom terraced house · NR20 5HF
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This brand-new end-of-terrace home forms part of an attractive new development surrounded by open countryside, and offers generous and versatile accommodation arranged across three floors.
With four bedrooms, a spacious first-floor living room, contemporary kitchen, integral garage and two bathrooms, the property provides a well-balanced layout with plenty of flexibility for modern living.
Fresh and neutral décor throughout creates a blank canvas ready to personalise, while the combination of a peaceful rural setting and energy-efficient specification makes this an appealing turnkey home.
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 Finished to a high standard throughout, the property offers stylish and modern accommodation that is ready to move straight into.
The three floor layout provides a useful separation between living and sleeping areas, while the ground floor bedroom adds further flexibility and could suit guests, family members or those looking for a dedicated home office.
Upon entering, the welcoming hallway provides access to the ground floor accommodation, integral garage and stairs leading to the upper floors.
The ground floor includes a useful utility room and WC, while the spacious bedroom offers a versatile additional room that can be adapted to suit individual requirements.
The integral garage provides secure parking and valuable additional storage.
The first floor forms the main living level, with a particularly generous living room providing plenty of space for comfortable seating and dining.
Large windows allow natural light into the room, creating a bright and pleasant setting for everyday living and entertaining.
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 result is a stylish and well equipped kitchen that combines a clean modern finish with everyday practicality.
The second floor provides three further bedrooms, offering comfortable accommodation for family members, guests or those requiring space to work from home.
The principal bedroom benefits from its own ensuite shower room, while the remaining bedrooms are served by the modern family bathroom.
The layout works particularly well for families, providing a clear separation between the main living areas and bedrooms.
Outside, the property benefits from its position within a new development surrounded by open countryside, providing an attractive backdrop and a peaceful setting.
The private outdoor space offers potential for seating, gardening and entertaining, while the integral garage provides further practical storage and parking.
The property also benefits from 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 7 Rake Drive, Dereham
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