2-bedroom house · NR21 8BX
Listing removedListed 94 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern mid-terrace house, with accommodation of; sitting room, kitchen & cloakroom to the ground floor and a bedroom, "box room" & bathroom at first floor level.
The property benefits from UPVC double glazing & gas fired central heating throughout and externally there is an enclosed read garden & allocated parking.
Summary: A modern mid-terrace house, with accommodation of; sitting room, kitchen & cloakroom to the ground floor and a bedroom, "box room" & bathroom at first floor level.
The property benefits from UPVC double glazing & gas fired central heating throughout and externally there is an enclosed read garden & allocated parking.
Services: All mains services are connected to the property. Central heating is gas fired. District council: North Norfolk. Council Tax Band: A.
Please note: Applicants will need to evidence sufficient means of income in order to satisfy our referencing procedure. Pets will be considered on an individual basis.
Smoking is not permitted within the property. Deposit: £917. Viewing: By appointment through the Sole Agents, Spalding & Co., Office Opening Hours: Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About MANAGED, 7, Greenway Lane, Fakenham
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