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See how verdicts work2-bedroom property · NR21 7LU
For saleReduced £10k (−3.8%) on 25 OctListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BRAND NEW Park Home (45'x20') | Residential development | Exclusive for the over 50s | Pet friendly | Wellpresented garden | Driveway | Fully furnished | Integrated appliances | Countryside views | Two bedrooms | Bus stop close by | Up to 100% market value part exchange available THE HOME This brand new, modern furnished Omar Breckland (45'x20') luxury park home is perfect for those looking for a detached, easy to maintain, bungalow-style property.
The home features a fitted kitchen with integrated appliances, comfortable living area, two bedrooms, an en suite to the master bedroom and a family bathroom.
The landscaped exterior boasts a landscaped garden with fantastic countryside views and driveway. THE PARK This established, welcoming development is exclusive for the over 50s.
It is pet friendly and located in a semi-rural area outside on Fakenham. The park home lifestyle provides community living for like-minded people.
This park is landscaped and private, to offer safe and secure living. Built in a countryside locations the park offers residents the opportunity for an active lifestyle that is also suitable for pets.
THE AREA The development is 1.5 miles from the market town of Fakenham, where you can find lovely shops, pubs and restaurants. Fakenham race course is nearby, as is Raynham Park.
The city of Norwich is less than an hour away. The Norfolk coast is an Area of Outstanding Natural Beauty, is just 12 miles away, with plenty of beaches and walking routes to enjoy.
Local amenities Bus stop: Outside development Tesco superstore – 1.8 miles Fakenham Medical Practice – 3 miles Get up to 100% Market Value Part Exchange!
HOME EXCHANGE EXAMPLE: Value of your existing home*......................£300,000 Price of new park home..............................£225,000 Cash for you to enjoy....................................£75,000 Amount you pay - Zero.
No estate agent fees. No solicitor's fees. No stamp duty.
* Market value of your home is likely selling price based on independent estate agents’ appraisals and part exchange assessment, subject to survey.
Please note: manufacturer’s stock show home images have been used and may not be a 100% true representation of the property on-site.
Specifications and layouts may differ, and some photos may include optional extras.
Site fees (at time of listing): £200 per month Please note that the site fee (also known as pitch fee, or ground rent) is subject to change and reviewed annually.
Ground rent can only be increased in line with the Consumer Price Index. For more information, please get in touch.
Tenure: Virtual Freehold Virtual Freehold means that when buying a park home, you purchase the physical property outright and lease the land it sits on in perpetuity, for the entirety of the time the home is sited.
These properties are not mortgageable. Please consult a solicitor for further information. Council Tax Band: A NOTE: The information in this property listing is correct to the best of our knowledge.
We recommend any potential purchaser is aware of all details including park rules and conditions before sale completion.
We also recommend consulting the Mobile Homes Act 2013 for conditions of any future sale of 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 Fakenham, Norfolk, NR21
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