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See how verdicts work2-bedroom flat · NR21 9AY
For saleReduced £15k (−11.1%) on 17 OctListed 19 days
Opportunity summary
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About
A charming second-floor apartment set within a Grade II listed mill conversion, enjoying views towards the River Wensum and a highly convenient position just a short walk from Fakenham Market Place.
Combining character features with practical modern comforts, the property benefits from sash windows, oak flooring and gas central heating throughout.
The accommodation includes a comfortable sitting room, fitted kitchen with excellent storage, two bedrooms and a shower room.
An allocated parking space adds further appeal, particularly given the town-centre location.
Ideal for first-time buyers, downsizers or investors seeking a low-maintenance home in an attractive riverside setting.
The Location Set in a sought-after part of the traditional Norfolk market town of Fakenham, this location offers the perfect balance of convenience and community.
The town centre is just a short walk or drive away, providing a variety of independent shops, supermarkets, cafés, and the long-established Thursday market selling fresh produce and local goods.
Families are well served by several primary schools and the well-regarded Fakenham Academy for secondary education, all within easy reach.
Healthcare facilities, including gp surgeries, dental practices, and a community hospital, are located in and around the town, ensuring essential services are close at hand.
For leisure, residents can enjoy nearby parks, the River Wensum, a local leisure centre, and the famous Fakenham Racecourse.
Transport links are excellent, with regular bus services to Norwich, King's Lynn and the North Norfolk coast, while the A148 and A1067 provide convenient road access to the wider region.
Combining a peaceful setting with the practicality of everyday amenities, this location appeals to a wide range of buyers.
The Old Mill Bridge, Fakenham Occupying a second-floor position within a distinctive Grade II listed mill conversion, this characterful apartment offers a wonderful blend of period charm and everyday practicality.
Set in an enviable location overlooking the River Wensum and within approximately 300 yards of Fakenham Market Place, the property places a wide range of amenities, shops, cafés and transport links within easy reach.
The apartment is approached via a communal entrance and enjoys a light and welcoming feel throughout.
The sitting room provides a comfortable living space, enhanced by attractive oak flooring and sash windows that allow natural light to flood the room while framing views towards the surrounding riverside setting.
The fitted kitchen is both functional and well-presented, offering a good range of storage units alongside worktop space for everyday cooking.
A mosaic-style tiled splashback adds a touch of character, complementing the apartment's blend of traditional and contemporary features.
There are two bedrooms, providing flexibility for a range of buyers, whether requiring guest accommodation, a home office or additional storage space.
The accommodation is completed by a shower room fitted with a walk-in shower, wash basin and WC.
Further benefits include gas central heating, allocated parking and the unique character associated with a converted mill building.
With views towards the River Wensum, period features throughout and a convenient town-centre position, this is a particularly appealing apartment that offers both charm and practicality in equal measure.
Agent’s Note We have been informed that the property will be sold leasehold with approximately 159 years remaining on the lease. Ground Rent: £80 per annum, payable in two instalments of £40.
Maintenance Charge: Approximately £2,000 per annum, covering all associated service and maintenance costs.
EPC Rating: C 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
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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.
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FAQ
About 6 The Old Mill Bridge Street, Fakenham
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