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Greenway Close, Fakenham

East of England

£200,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1286 sqft

Description

Nestled in a peaceful residential cul-de-sac, this substantial semi-detached home presents a remarkable opportunity for those looking to invest in a property with ample space and renovation potential. Spanning over 1,280 sqft, the home features three spacious double bedrooms and multiple outbuildings that can be transformed into functional spaces tailored to your needs. The well-maintained structure offers a solid foundation for modernization, allowing buyers to customize the interiors to reflect their personal style. This residence is particularly suited for families, remote workers, or anyone in search of both indoor comfort and outdoor versatility. The location enhances its appeal, being conveniently situated south of Fakenham town center. Residents can enjoy easy access to essential amenities such as supermarkets, schools, healthcare services, and the vibrant Thursday market. Additionally, scenic riverside paths and parks are within walking distance, while the town's shops and leisure facilities are just a short journey away. With good transport links via the A148 towards King's Lynn and North Norfolk coast, this property provides an ideal base for families and professionals alike. Inside, you will find two generous reception areas: a light-filled sitting room at the front featuring large windows and a gas fire nestled in a wooden fireplace surround, alongside a dining room that opens onto the garden. The kitchen is adjacent to the dining area and includes a walk-in pantry for additional storage. A practical hallway leads to a ground floor bathroom equipped with a bathtub and separate WC, plus a sizable utility room enhancing functionality. On the upper floor, each of the three double bedrooms is well-lit and spacious; the main bedroom occupies the front area while two others overlook the garden at the rear. The externally accessible features include an enclosed rear garden abundant with mature plants along with patio spaces. Two substantial outbuildings provide excellent options for workshops or extra storage—a fantastic asset for hobbyists or those needing more space.

Investment Analysis

(NR21 area)

Below Market Value

This property is priced -46.0% below area average per sq ft

-46.0%
Potential saving
This Property
£156/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£407,688
10% above area average per sq ft
Potential ROI
+63.1%
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
7%
Properties sold annually

Local Market Trend (NR21)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -1.5%
5 year growth: +4.4%
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

Greenway Close, Fakenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-16.7% since listed
£200,000£20,000(-9.1%)
18/06/2026
Current price
£220,000£20,000(-8.3%)
07/11/2025
£240,000Initial listing
02/10/2025

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