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See how verdicts work2-bedroom terraced house · NR21 9LQ
For saleReduced £10k (−3.3%) on 23 JulListed 380 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2-Bedroom Character Cottage The Norfolk Agents are pleased to offer this charming flint faced 2-bedroom cottage, situated on a quiet lane in the pretty village of North Creake; with far-reaching field views over the surrounding farmland to the front.
The cottage, which has successfully been let out for holidays and short breaks for several years, offers stylishly appointed and characterful accommodation over two floors.
This includes a well-proportioned sitting room with a wood burner and a modern fitted kitchen, with integrated appliances.
As well as the delightful accommodation, there is also a private garden which includes a neatly maintained lawn and summer house, with a further brick and flint storage shed in a communal area at the rear of the cottages.
The cottage also has an off-road parking space to the side of the garden. We would like to make interested parties aware that the property is available with no onward chain.
Accommodation Visitors are welcomed into the beautifully presented sitting room, where a woodburning stove serves as the main focal point, with other features including exposed brickwork and bespoke alcove recess storage.
A door from the sitting room leads into the kitchen, which comprises a collection of modern base level and wall mounted storage units under work surfaces, which incorporate a sink unit, induction hob, an integrated oven and fridge, as well as providing plumbing/space for a washing machine.
From the kitchen, the original staircase rises up to the first floor landing. Beyond the kitchen, there is a rear entrance lobby with a door into the stylishly presented ground floor shower room.
Upstairs there are two bedrooms arranged around the landing.
The main bedroom is a spacious double room with exposed to the floorboards and delightful field views, whilst the second bedroom is comfortable single.
Location North Creake is located approximately 5 miles south of the coastal town of Wells-next-the-Sea and about 10 miles north of the market town of Fakenham.
The village lies within the Norfolk Coast Area of Outstanding Natural Beauty, which ensures the preservation of its stunning landscapes and rich biodiversity.
South Creake is a highly desirable village in North Norfolk, known for its picturesque setting, miles of countryside walks and the renowned pub & restaurant, The Ostrich.
There is also an active village hall and sports field in the centre of the village.
The renowned village of Burnham Market is approximately 5 miles to the north, whilst the market town of Fakenham is around 6 miles to the south-east.
Services The property is connected to mains electricity, drainage and water supply. Heating provided courtesy of modern electric room heaters.
Council tax band: N/A EPC rating: N/A - The full certificate can be downloaded or provided by The Norfolk Agents 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 62, West Street, Fakenham
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