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Caslon Close, Fakenham

East of England

£190,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
894 sqft

Description

This three-bedroom end-terrace property presents a promising opportunity for renovation, ideally situated within a short walk of Fakenham town centre. With its spacious living and dining areas, practical layout, and private garden, this home serves as a blank canvas for those aspiring to design a space that reflects their personal style. The ground floor features a sizeable living/dining room that flows well into the kitchen, which is currently outfitted with base units and offers potential for modernisation. Upstairs, three generous bedrooms share access to a family bathroom. Each room offers ample scope for reconfiguration, allowing buyers to optimise the space to meet their needs. The exterior includes a front garden and a rear garden with established shrubs and two sheds at the end. Notably, the property lacks central heating—currently relying on a gas fire—adding to its renovation appeal as buyers can explore various heating system options. This centrally located home is an exciting project ready for someone looking to invest in future value.

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Investment analysis

(NR21 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£213/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£280,957
10% above area average per sq ft
Potential ROI
+22.2%
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 rising by +3.1% over the last 12 months
3 year growth: -1.8%
5 year growth: +2.9%
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

Caslon 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
£718
Based on a loan of £142,500 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

Next Steps

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