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Halifax Crescent, Sculthorpe, Fakenham

East of England

£230,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
943 sqft

Description

This two-bedroom semi-detached residence presents a compelling investment opportunity with significant renovation potential. The property showcases energy-efficient solar panels, contributing to lower utility bills and an eco-friendly lifestyle. The generous off-road parking provided by a spacious driveway enhances its appeal for families and those needing extra vehicle space. Internally, the home features a well-lit lounge with new alcove shelving, leading into a functional kitchen diner that could benefit from modern updates to maximize its entertaining capacity. The upstairs layout consists of two sizeable double bedrooms alongside a main bathroom, but there's also considerable potential for further enhancement, especially with the loft space already fully boarded and powered—ideal for conversion (subject to planning permissions). Outside, the enclosed garden offers ample outdoor space for relaxation or gardening pursuits and includes a substantial outbuilding equipped with power and lighting, perfect for transforming into a home office or workshop. Overall, this property is not only ready for immediate living but also provides an excellent canvas for future improvements and extensions.

Investment Analysis

(NR21 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£244/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£302,580
10% above area average per sq ft
Potential ROI
+18.7%
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
7%
Properties sold annually

Local Market Trend (NR21)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.3%
5 year growth: +7.6%
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

Halifax Crescent, Sculthorpe, Fakenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£821
Based on a loan of £172,500 over 30 years at 3.97% 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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