Worst House on the Street Logo
The Ridings, Fakenham, Norfolk, NR21 - Image 1
The Ridings, Fakenham, Norfolk, NR21 - Image 2
The Ridings, Fakenham, Norfolk, NR21 - Image 3
The Ridings, Fakenham, Norfolk, NR21 - Image 4
The Ridings, Fakenham, Norfolk, NR21 - Image 5
The Ridings, Fakenham, Norfolk, NR21 - Image 6
The Ridings, Fakenham, Norfolk, NR21 - Image 7
The Ridings, Fakenham, Norfolk, NR21 - Image 8
The Ridings, Fakenham, Norfolk, NR21 - Image 9
The Ridings, Fakenham, Norfolk, NR21 - Image 10
The Ridings, Fakenham, Norfolk, NR21 - Image 11

The Ridings, Fakenham, Norfolk, NR21

East of England

£230,000
Listed on 29/03/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1012 sqft

Description

This semi-detached home offers a promising opportunity for renovation, featuring three bedrooms and flexible living spaces that can be tailored to modern preferences. The property has gas central heating and double glazing throughout, ensuring energy efficiency and comfort even during colder months. Inside, the layout includes two distinct reception areas, which could easily be adapted to create a more open-plan setting if desired. The main sitting room is spacious and incorporates a staircase, while the adjacent dining area features double-glazed doors leading to the rear garden, providing potential for seamless indoor-outdoor living. The kitchen comes equipped with essential amenities, including a stainless steel sink unit and several built-in appliances. While the space is functional as-is, some elements may benefit from updates to enhance its overall appeal. The upper floor hosts three well-sized bedrooms with ample natural light. Notably, one bedroom includes an en-suite bathroom that requires refurbishment—a detail that provides room for personalization or improvement in value. The main bathroom is also present but could use some modernization. Outside, the property boasts a gravelled parking area along with a raised south-facing patio ideal for enjoying sunny afternoons. The rear garden is enclosed and offers privacy with considerable potential for landscaping or expansion of outdoor living spaces. Situated at the end of a quiet cul-de-sac in a desirable development, this property is located approximately three-quarters of a mile from the town center and within walking distance of the scenic River Wensum—ideal for those who appreciate nature or leisurely walks. With some necessary renovations, this property presents an excellent investment potential in an attractive area poised for growth. Whether looking to personalize your own family home or seeking a promising rental investment, this house invites creativity and vision.

Investment Analysis

(NR21 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£227/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£223
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£325,667
10% above area average per sq ft
Potential ROI
+27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR21)

Area prices are rising by +7.0% over the last 12 months
3 year growth: -0.8%
5 year growth: 23.6%
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

The Ridings, Fakenham, Norfolk, NR21
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE