3-bedroom property · NR21 8PE
Listing removedListed 976 days
Opportunity summary
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About
South-facing, semi-detached, modern House with gas centrally heated and double glazed accommodation, including 2/3 reception rooms, fitted kitchen and 3/4 bedrooms.
Note: Some rooms are in need of refurbishment. Outside there is a car parking space, raised patio area and a well enclosed rear garden.
The property stands in an elevated position at the end of a popular cul-de-sac within a sought after development, about ¾ mile from the Town Centre and within easy walking distance of the picturesque River Wensum.
Ground Floor: Double glazed door to; Enclosed Entrance Porch: Tiled floor. Study/Bedroom: 12'3" x 7'10", (3.7m x 2.4m). Laminate floor. Venetian blind. TV point.
Sitting room: 16'3" x 11'0", (5.0m x 3.6m) including staircase. Laminate floor. Venetian blind. TV point. Archway to; Dining room: 9'7" x 8'8", (2.9m x 2.6m). Laminate floor. Feature downlights.
Twin double glazed doors to rear garden. Kitchen: 10'2" x 9'7", (3.1m x 2.9m).
1½ bowl stainless steel sink unit with pedestal mixer tap, set in fitted work surface with tiled splashback, and drawers, cupboards and dishwasher under.
"Samsung" 4 ring electric hob unit with extractor hood over. Built-in "Belling" double oven with cupboard over and under. Matching range of wall mounted cupboards and pull out cupboard. Spotlights.
Roller blind. Double glazed door to outside. Inner Lobby: With fitted shelves, through to; Utility room: 5'9" x 5'0", (1.8m x 1.5m).
Built-in cupboard housing "Glowworm" gas fired central heating boiler. Adjoining shelved recess with appliance space and plumbing for washing machine under. Further appliance space.
First Floor: Landing: Built-in airing cupboard with factory lagged hot water cylinder, fitted immersion heater and slatted shelving. Hatch to roof space. Venetian blind.
Bathroom: White suite of panelled bath with mixer tap/shower fitting over, tiled surround and glass screen. Pedestal hand basin with mixer tap and tiled splashback. Low level WC. Heated towel rail.
Shaver point. Venetian blind. Bedroom 1: 13'10" x 11'6", (4.2m x 3.5m) max. TV point. En-Suite: Requiring refurbishment. Low level WC. Shaver point. Roller blind.
Bedroom 2: 12'0" x 10'0", (3.7m x 3.1m) max. Bedroom 3: 10'0" x 8'10", (3.1m x 2.7m). Outside: To the front of the property is a gravelled car parking space, and a raised, South-facing patio area.
A gravelled path to the side leads to a gravelled rear garden, well enclosed by timber panel fencing, and a serpentine brick wall. Services: All mains services are connected to the property.
District Authority: North Norfolk District Council, Cromer. Tax Band: C. EPC: Tba.
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.
Area
Agent & docs
FAQ
About 15, The Ridings, Fakenham
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