We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom semi-detached house · NR21 8QG
Listing removedListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Semi Detached House In The Popular Town Of Fakenham.
Description The Norfolk Agents are proud to present this nicely appointed two-bedroom semi-detached residence, set the Wensum Grange development in Fakenham.
Constructed in 2020 by a respected developer, this stylish home combines contemporary design with thoughtful detailing, offering elegant living spaces, a private landscaped garden and two allocated parking spaces.
Available on a shared ownership basis with a 40% share, and the opportunity to acquire a larger proportion (subject to application), the property represents an exceptional opportunity to secure a modern home of quality and comfort.
Offered to the market with no onward chain. Accommodation The ground floor has been designed with both style and practicality in mind.
A striking front-facing kitchen/dining room, featuring sleek cabinetry, laminate worktops, and a full suite of integrated appliances including oven, gas hob and fridge/freezer, alongside space for a washing machine.
Subtle under-unit and recessed lighting enhance the contemporary finish. To the rear, the living room is bathed in natural light, with French doors opening directly onto the garden.
This effortless connection between indoor and outdoor spaces makes it ideal for both everyday living and entertaining. A well-appointed cloakroom completes the ground floor.
Upstairs, two generous double bedrooms provide comfortable and versatile accommodation, complemented by a beautifully finished family bathroom, fitted with quality sanitaryware and elegant tiling.
Outside Externally, the property continues to impress with a private, enclosed rear garden, thoughtfully arranged with a patio seating area and lawn-perfect for outdoor dining or quiet enjoyment.
To the front, two allocated parking spaces provide convenience, with gated access leading through to the rear garden, enhancing both practicality and security.
Services The property is connected to mains electricity, gas, water and drainage.
Council Tax Band: B EPC Rating: A Tenure: Leasehold Agents Note The price listed is to purchase a 40% of the lease on a shared equity basis with a rent of £349.27pcm payable on the remaining share per month.
A 100% share of the freehold can be purchased from Freebridge Community Housing, under a separate staircase transaction.
There is a monthly management company charge of £32.24pcm which includes buildings insurance. Any interested applicants are subject to affordability checks by the Housing Association. 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
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.
Area
Agent & docs
FAQ
About 10 Farm Drive, Fakenham, Norfolk
Explore nearby