2-bedroom terraced house · NR21 7LG
Listing removedListed 203 days
Opportunity summary
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About
South-facing, terraced Cottage with gas centrally heated and double glazed 2 bedroomed accomm-odation, with views across Hempton Common.
The property is conveniently located, within ¾ mile of Fakenham Town Centre. Ground Floor: ½ double glazed door to; Entrance Hall: Half glazed door to Sitting room: 16'10" x 10'2", (5.1m x 3.1m) max.
Fitted "Baxi Bermuda" gas fire with back boiler providing central heating, set on hearth with timber surround and mantle shelf. Understairs cupboard. Telephone point. Vertical blinds.
Kitchen: 12'5" x 7'0", (3.8m x 2.1m). Stainless steel sink unit with mixer tap, set in fitted work top with tiled splashback, and cupboard, appliance space and plumbing for washing machine under.
Fitted work top with drawers and cupboard under. Adjoining tall cupboard unit and matching range of wall cupboards. Built-in shelved cupboard. "Hotpoint" electric cooker. "Bosch" fridge/freezer.
Tiled floor. Half double glazed stable type door to Rear Canopy Porch: First Floor: Landing: Bedroom 1: 13'9" x 13'1", (4.2m x 4.0m) max. Southerly view across Hempton Common.
Bedroom 2: 13'1" x 7'6", (4.0m x 2.3m) max. Airing cupboard housing lagged copper cylinder with fitted immersion heater and slatted shelving.
Fully tiled Shower room: Shower cubicle with glass screen door and "Aqualisa" fitting. Hand basin with mixer tap, cupboards under, and mirror, light and shaver point over. Heated towel rail.
Hatch to roof space. Tiled floor. Through to; Fully tiled WC Cubicle: with low level WC and tiled floor. Outside: A shared drive leads through an archway to the rear of the property.
Close to the back door is a covered entrance leading to an Outside WC with high level suite. At the end of the neighbouring property is a car parking space.
Services: All mains services are connected to the property. District Authority: North Norfolk District Council, Cromer. Tel: . Tax Band: "A". EPC: E.
Directions: From Fakenham Town Centre take Bridge Street, and continue into Hempton.
The property overlooks The Common at the end of the last row of buildings on the right, as marked by a for sale board.
Location: Hempton is a small village on the Southern outskirts of Fakenham Market Town. The village has a pub, Church and a village green with duck pond.
A full range of shopping, educational and recreational resources are available in Fakenham, and there is a Garden Centre, and National Hunt racecourse nearby.
The picturesque Coast with its fine sandy beaches, pinewoods, marshes, and sailing harbours is 12 miles distant, Kings Lynn is 22 miles distant and the fine City of Norwich, 25 miles.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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