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 %
- Est sale value
- 5,316,266.69 £Increased by 107.11 %
- Average area rental value
- 1,300.00 £/moIncreased by 66.24 %
- Est letting value
- 12,165.37 £/mo
- Est rental Yield
- 5.24 %Increased by 523.81 %
- Crime Rate
- 0.00 %
Agent Activity
Strutt & Parker created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sculthorpe Church Of England Primary Academy | Academy Converter | Good | 3.02 KM |
| Fakenham Academy | Academy Sponsor Led | Good | 5.66 KM |
| Duke Of Lancaster School | Free Schools Special | 6.17 KM | |
| Fakenham Junior School | Academy Converter | 6.75 KM | |
| Blenheim Park Academy | Academy Sponsor Led | Requires improvement | 6.92 KM |
Images
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Creake Road, Near South Creake, North Norfolk | £ 3,725,000 | BUY | 6 / 10 | 0.00 KM |
| Creake Road, Near South Creake, North Norfolk | £ 5,500,000 | BUY | 7 / 10 | 0.00 KM |
| Cranmer Cottages, The Common, Fakenham | £ 400,000 | BUY | 7 / 10 | 0.72 KM |
| The Common, South Creake, Fakenham, Norfolk, NR21 | £ 1,500,000 | BUY | 8 / 10 | 1.05 KM |
| The Common, South Creake, Fakenham | £ 425,000 | BUY | 7 / 10 | 1.62 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Botany Farm | £ 640,000 | 0.72 KM |
| The White Bungalow | £ 599,950 | 0.72 KM |
| Fairview | £ 231,500 | 1.61 KM |
| 1 The Common | £ 100,000 | 1.62 KM |
| 2 The Common | £ 100,000 | 1.62 KM |