Creake Road, Near South Creake, North Norfolk
ST

Creake Road, Near South Creake, North Norfolk

By Strutt & Parker

£ 5,500,000

Reviews

3 out of 5 stars

Strutt & Parker says ..

A charming North Norfolk farm with a fine farmhouse, 8 luxury holiday cottages with a swimming pool complex, tennis courts, along with workshops and outbuildings set within 169.7 acres 1.5 miles to the south of South Creake

Property Oracle says ..

This property presents a unique investment opportunity in North Norfolk. The listing encompasses a substantial farmhouse, eight luxury holiday cottages, outbuildings, and significant land area, creating a versatile asset with high potential for income generation. The property’s rural setting offers peace and quiet but with easy access to nearby amenities and schools. The farmhouse and cottages appear well-maintained and thoughtfully appointed from the photographs provided. The extensive grounds, including the pond and tennis courts, adds substantial recreational value and enhance the property’s overall appeal. The price, although substantial, reflects the property’s scale, condition, and rental income potential; buyers should factor in both the potential income streams from the holiday cottages and the overall market value of the land. The lack of precise sqft information for some elements prevents a complete comparison of price-per-square-foot against local market averages. Potential buyers should undertake thorough due diligence to assess the financial viability of the holiday letting operation and ensure the property’s condition aligns with expectations before committing to a purchase.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
9
Bedrooms
24
Bathrooms
17
Sqft (est)
12,165.37

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
297,500.00 £
Decreased by 73.29 %
from 1,113,887.00 £
Est sale value
5,316,266.69 £
Increased by 107.11 %
from 2,566,893.07 £
Average area rental value
1,300.00 £/mo
Increased by 66.24 %
from 782.00 £/mo
Est letting value
12,165.37 £/mo
from 0.00 £/mo
Est rental Yield
5.24 %
Increased by 523.81 %
from 0.84 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Strutt & Parker created the listing.

Nearby Schools

NameTypeOfstedDistance
Sculthorpe Church Of England Primary AcademyAcademy ConverterGood3.02 KM
Fakenham AcademyAcademy Sponsor LedGood5.66 KM
Duke Of Lancaster SchoolFree Schools Special6.17 KM
Fakenham Junior SchoolAcademy Converter6.75 KM
Blenheim Park AcademyAcademy Sponsor LedRequires improvement6.92 KM

Images

Picture No. 22 Picture No. 45 Picture No. 39 Picture No. 41 Picture No. 25 Main House Garden Main Kitchen 1 Main Kitchen 2 Main Kitchen 3 Main House Sitting Main House Bath Picture No. 23 Picture No. 21 Picture No. 20 Picture No. 30 Picture No. 47 Main House Drawing Main House Bed Picture No. 46 Workshop Picture No. 06 Picture No. 27 Picture No. 26 Picture No. 56 Games Room Swallow Sitting Swallow Bed Tern Woodpecker Coot Bathroom Wagtail Owl End Cottage End Cottage Kitchen End Cottage Sitting Picture No. 84

Nearby Listings

AddressPriceTypeScoreDistance
Creake Road, Near South Creake, North Norfolk £ 3,725,000BUY6 / 100.00 KM
Creake Road, Near South Creake, North Norfolk £ 5,500,000BUY7 / 100.00 KM
Cranmer Cottages, The Common, Fakenham £ 400,000BUY7 / 100.72 KM
The Common, South Creake, Fakenham, Norfolk, NR21 £ 1,500,000BUY8 / 101.05 KM
The Common, South Creake, Fakenham £ 425,000BUY7 / 101.62 KM

Nearby Properties

AddressPriceDistance
Botany Farm £ 640,0000.72 KM
The White Bungalow £ 599,9500.72 KM
Fairview £ 231,5001.61 KM
1 The Common £ 100,0001.62 KM
2 The Common £ 100,0001.62 KM