Great Eastern Way, Fakenham
PU

Great Eastern Way, Fakenham

By Pure North Norfolk

£ 120,000

Reviews

2 out of 5 stars

Pure North Norfolk says ..

This very well presented two bedroom second floor flat is available now. Being offered to the market 'Chain Free' This Flat is in a popular location. Close to schools and walking distance to the town centre of Fakenham The property has two good sized bedrooms, lounge, kitchen and bathro...

Property Oracle says ..

This two-bedroom flat located on Great Eastern Way, Fakenham, Norfolk, is listed at £120,000. The property is a second-floor apartment within a larger apartment building. Based on the provided images, the interior is clean and reasonably well-maintained. It features light laminate flooring, a modern kitchen with granite worktops, and what seems to be a standard bathroom. There’s an adequate sized living area, suitable for a couple or small family. One bedroom appears to be set up as a home office, indicating flexible use of space. The major drawback is the lack of any outdoor space or garden, which could be a deal-breaker for many potential buyers. The location is convenient, with nearby schools and access to Fakenham town centre. However, the absence of transport information prevents a comprehensive evaluation of this aspect of the property. Comparable nearby properties on Great Eastern Way are listed between £60,000 and £178,000, confirming the list price falls within the range of market values for similar flats in the area, suggesting relative value for money. Overall, it is a suitable starter home or investment property, but the small plot size is a crucial factor to take into account.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
339.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
313,000.00 £
Increased by 3.13 %
from 303,514.00 £
Est sale value
93,564.00 £
Decreased by 3.83 %
from 97,293.00 £
Average area rental value
908.00 £/mo
Decreased by 15.14 %
from 1,070.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 339.00 £/mo
Est rental Yield
3.48 %
Decreased by 17.73 %
from 4.23 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Pure North Norfolk created the listing.

Nearby Schools

NameTypeOfstedDistance
Fakenham Gateway Surestart Children'S CentreChildren's Centre0.10 KM
Fakenham Infant And Nursery SchoolAcademy Converter0.19 KM
Fakenham Junior SchoolAcademy Converter0.90 KM
Duke Of Lancaster SchoolFree Schools Special1.36 KM
Fakenham AcademyAcademy Sponsor LedGood1.88 KM

Images

Photo 1 Photo 5 Photo 10 Photo 8 Photo 7 Photo 11 Photo 13 Photo 14 Photo 21 Photo 2 Photo 15 Photo 19

Nearby Streets

NameAverage PriceAverage SqftDistance
Magnolia Close £ 475,00000.00 KM
Lancaster Avenue £ 000.00 KM
Buckenham Close £ 000.00 KM
Elizabeth Avenue £ 399,95000.00 KM
White Horse Street £ 369,95000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Great Eastern Way, Fakenham £ 120,000BUY5 / 100.00 KM
Great Eastern Way, Fakenham, NR21 £ 230,000BUY7 / 100.04 KM
2 Railway Close, Fakenham, Norfolk NR21 8BD £ 150,000BUYUnknown0.11 KM
Norwich Road, Fakenham, Norfolk, NR21 £ 550,000BUY6 / 100.13 KM
Railway Close, Fakenham, Norfolk £ 270,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
1 Great Eastern Way £ 122,0000.00 KM
4 Great Eastern Way £ 115,0000.00 KM
37 Great Eastern Way £ 115,0000.00 KM
3 Great Eastern Way £ 115,5000.00 KM
5 Great Eastern Way £ 73,5000.00 KM