2-bedroom flat · NR21 8HD
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This very well presented two bedroom second floor flat is available now. Being offered to the market 'Chain Free' This Flat is in a popular location.
Close to schools and walking distance to the town centre of Fakenham The property has two good sized bedrooms, lounge, kitchen and bathroom. Outside there is a garage and off road parking.
This property is very well presented throughout and must be viewed to be appreciated. Entrance A communal entrance from ground floor level with stairways leading to the property.
Entrance Hall Built-in storage cupboard and additional linen cupboard, storage heater, timber-effect laminate flooring and hatch giving access to the loft space.
Lounge Diner 20' 10'' x 9' 0'' (6.35m x 2.74m) Bay window extends the width to 11 foot. UPVC bay window with further UVPC window to the front.
Television lead, timber effect laminate flooring and storage heater.
Kitchen 8' 8'' x 7' 2'' (2.64m x 2.18m) Fitted with a range of timber faced base and wall units with black granite-effect work surfaces having inset stainless steel, single drainer sink unit with mixer tap and tiled splash backs.
Space for cooker and further appliances, wall-mounted electric convector heater and UVPC window to the rear.
Bedroom 1 10' 4'' x 9' 3'' (3.15m x 2.82m) Electric panel heater and UVPC window to the side aspect. Laminate flooring and door leading to hallway.
Bedroom 2 11' 1'' x 7' 3'' (3.38m x 2.21m) Built-in wardrobe, timber-effect laminate flooring and UVPC window to the side aspect. Laminate flooring and door leading to hallway.
Bathroom 0' 0'' x 0' 0'' (0.00m x 0.00m) Fitted with three piece suite comprising washbasin, WC and bath with mixer shower attachment and tiled splashbacks.
UVPC obscured-glazed window to side aspect. Laminate flooring with door leading to hallway. Outside Single garage with allocated parking space in front.
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 Great Eastern Way, Fakenham
Explore nearby
