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Fakenham

East of England

£250,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
795 sqft

Description

This spacious semi-detached house features three bedrooms and presents a significant opportunity for renovation and personalization. Having been maintained by one family for nearly six decades, the property is ready to be transformed by its next owners. The layout includes a bright reception area, an expansive kitchen/dining room ideal for social gatherings, and a family bathroom. The existing rooms offer ample space to reconfigure and modernize according to individual preferences. The exterior boasts generous garden space that invites creative landscaping or potential extensions (subject to the necessary planning permissions). Nestled on a quiet road yet conveniently close to Fakenham's town center, this home offers both practicality and potential. With local amenities such as shops, schools, and leisure facilities within easy reach, it stands as an attractive investment for families or young professionals looking to settle in a vibrant market town. Fakenham's proximity to the beautiful North Norfolk coast further enhances the location's appeal, making this property not just a home but a chance to invest in an area rich in community spirit and outdoor opportunities.

Investment Analysis

(NR21 area)

Above Market Value

This property is priced +7.9% above area average per sq ft

+7.9%
This Property
£314/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£254,786
10% above area average per sq ft
Potential ROI
-10.6%
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
8%
Properties sold annually

Local Market Trend (NR21)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -4.3%
5 year growth: +6.8%
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

Fakenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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

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