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See how verdicts work4 × 1-bed flat + 2-bed flat · NR21 9AF
For saleReduced £35k (−10.8%) on 25 OctListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Norfolk Agents are pleased to present this collection of three self-contained flats, conveniently positioned within Fakenham town centre.
Newmans Yard is a courtyard development just off Norwich Street, offering well-proportioned accommodation ideally suited to investors or buyers seeking a home with an income.
The property comprises three independent dwellings—two one-bedroom apartments and one two-bedroom apartment—each with its own private entrance and contemporary layout.
ACCOMMODATION Ground floor flat 1: A one-bedroom apartment featuring an open-plan living room and kitchen with ample space for dining, and a large window providing plenty of natural light.
The bedroom is a comfortable double, served by a contemporary bathroom with a shower, wash basin and WC.
Flat 2: A well-designed two-bedroom apartment offering a kitchen/diner fitted with ample cabinetry and work surfaces, leading to a comfortable living area.
The property provides two bedrooms and a bathroom. Flat 3: A one-bedroom apartment offering a welcoming living room, kitchen, bedroom, and bathroom.
The accommodation is well-presented throughout, providing a comfortable home.
OUTSIDE Although there is no parking allocated for the property, permits are available for the car park opposite the flats.
LOCATION Fakenham is a traditional Norfolk market town situated on the River Wensum, located 25 miles North West from the City of Norwich and 10 miles from the sought after North Norfolk coast.
Fakenham offers a range of amenities with a market every Thursday, and regular bus links into Norwich and King's Lynn. There are 4 supermarkets, medical and dentist practices and schools for all ages.
Fakenham is home to Norfolk's only racecourse, which also hosts a sports centre, golf course, social club and other events.
SERVICES The property is connected to mains electricity, drainage, gas and water supply. Gas-fired central heating to all radiators. Council tax band: A EPC Rating: TBC Tenure: Freehold 1.
To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider.
A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset. 2.
While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property.
If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3.
The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property.
We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5.
THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
THE NORFOLK AGENTS LIMITED NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATSOEVER IN RELATION TO THIS PROPERTY.
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
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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.
Area
Agent & docs
FAQ
About Newmans Yard, Norwich Street, Fakenham, Norfolk
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