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See how verdicts work2-bedroom house · NR21 7EA
For saleReduced £15k (−7.1%) on 1 OctListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Located within the idyllic setting of Cannister Hall Barns, North Barn is a beautifully presented two-bedroom barn conversion.
Whether you’re searching for a proven holiday let investment or a stylish lock-up-and-leave retreat, this exceptional home delivers on every level.
Set amongst an attractive collection of sympathetically converted barns, residents and guests enjoy access to extensive communal grounds, open green spaces and picturesque woodland, creating a wonderful sense of escape.
The lifestyle on offer is further enhanced by exclusive use of superb on-site facilities, including a heated swimming pool and a games room complete with snooker and table tennis, perfect for relaxing weekends or entertaining.
Having been recently modernised to an excellent standard, North Barn effortlessly combines contemporary finishes with the charm of its original character.
The ground floor is centred around a spacious open-plan living area, where exposed brickwork provides warmth and personality throughout.
A bespoke fitted kitchen flows seamlessly into the dining area and inviting sitting room, creating a wonderfully sociable space designed.
Upstairs, two bedrooms are served by a stylish family bathroom.
The principal bedroom is complemented by a twin bedroom, offering an ideal layout for families, visiting guests or those looking to maximise holiday letting appeal.
Currently operating as a highly successful holiday let, the property benefits from strong occupancy levels, an excellent return and an established booking history.
Offered to the market with no onward chain, North Barn presents a rare opportunity to acquire a beautifully appointed home in an outstanding rural setting, with an exceptional lifestyle and investment opportunity wrapped into one.
Fakenham Fakenham offers the perfect blend of market town charm and coastal proximity.
Located just ten miles from sandy beaches and positioned halfway between King’s Lynn and Norwich, with easy access to Holt and Swaffham, it ensures a convenient commute.
After work, residents can enjoy the thriving Central Cinema or engage in activities like glass-blowing at Langham Glass, exploring nature at Pensthorpe, or taking a stroll at Sculthorpe Moor.
For those seeking more excitement, Fakenham Racecourse offers a day of racing, while Fakenham Golf Club provides a scenic setting around the racecourse.
Nearby Thursford features a remarkable collection of steam engines and organs, famous for its Christmas spectacular.
Explore Fakenham’s history through the Lancaster Heritage Trail, with 32 plaques highlighting its industrial past, including printing blocks dating back to 1250 embedded in the market square.
The town hosts a lively market every Thursday and a farmers’ market on the last Saturday of the month.
Fakenham boasts a variety of homes, from grand residences to character cottages and modern new-builds.
Food enthusiasts will appreciate Walsingham Farm Shops for local meats and Mrs Temple’s award-winning cheese.
Dining options include historic spots like The Ostrich Inn, serving since 1841, and Sculthorpe Mill, honoured with a Michelin Bib Gourmand in 2022.
With its ideal location, diverse housing options, and thriving local businesses, Fakenham is a prime place to settle down. Services connected Mains water, electricity and drainage.
Heating via Economy 7 Storage heaters. Council tax Band to be confirmed. Energy efficiency rating D.
Ref: To retrieve the Energy Performance Certificate for this property please visit and enter in the reference number above. Alternatively, the full certificate can be obtained through Sowerbys.
Tenure Leasehold. 105 years remaining on lease, £3100 per annum ground rent.
Location What3words: ///swipes.impulsive.portable website tags town-life historical-homes EPC Rating: D Parking - Off Street Disclaimer These particulars are provided as a guide only and do not form part of any offer or contract.
Sowerbys and its representatives have no authority to make or give representations or warranties.
All descriptions, measurements, photographs and plans are for guidance only and should not be relied upon as statements of fact.
Buyers should satisfy themselves as to the accuracy of the information through inspection or professional advice.
Services, appliances and equipment have not been tested and no warranty can be given as to their condition.
Planning permissions, building regulations and other consents should be verified by the buyer’s legal adviser.
In accordance with Anti-Money Laundering regulations, proceeding buyers must complete a digital id check through our compliance partner. A charge of £48 including VAT per sale or purchase applies.
Leasehold buyers should confirm ground rent, service charges and lease details with their legal adviser.
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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