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North Creake, Fakenham, Norfolk, NR21 - Image 1
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North Creake, Fakenham, Norfolk, NR21 - Image 3
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North Creake, Fakenham, Norfolk, NR21 - Image 5

North Creake, Fakenham, Norfolk, NR21

East of England

£269,000
Listed on 15/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
807 sqft

Description

This charming three-bedroom semi-detached house in the popular village of North Creake, Norfolk, presents an appealing renovation opportunity. Its spacious interior includes a versatile double garage that could potentially be transformed into an annexe, contingent upon planning permission. The property boasts attractive field views from both the front and back, enhancing the tranquil setting for future homeowners. The welcoming reception area features large windows that fill the space with natural light, complemented by a cozy log burner. The kitchen is a blank canvas waiting for updates, offering plenty of room for culinary enthusiasts to design their ideal cooking space. Upstairs are three well-sized bedrooms, each with unique outlooks that connect you to the serene countryside. Located close to essential amenities and the stunning coastal landscapes of North Norfolk, this property not only provides comfort but also significant potential for enhancement and personalization. With no onward chain, it promises a straightforward process for buyers looking to invest in their dream home.

Investment Analysis

(NR21 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£333/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£258,676
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NR21)

Area prices are rising by +9.3% over the last 12 months
3 year growth: +1.8%
5 year growth: +13.2%
Investment Disclaimer: Analysis based on NR21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

North Creake, Fakenham, Norfolk, NR21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£970
Based on a loan of £201,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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