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1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG - Image 1
1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG - Image 2
1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG - Image 3
1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG - Image 4
1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG - Image 5
1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG - Image 6

1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG

East of England

£340,000
Listed on 21/01/2026

Property Details

Bedrooms
9
Type
Detached house
Area
614 sqft

Description

This three-bedroom end terrace cottage presents a noteworthy investment opportunity, situated in the serene hamlet of White Horse Common to the east of North Walsham. Currently generating a rental income of £600 per month from long-term tenants, this property is part of a group of three similar cottages available for auction. The existing tenants wish to remain, offering immediate cash flow for prospective buyers. While the property benefits from designated parking and front and rear gardens, it requires modernisation to unlock its full potential. The interior features a kitchen with a sitting/dining area on the ground floor and three bedrooms with an upstairs bathroom. Given its rural setting alongside expansive field views, yet positioned only a short drive from North Walsham's amenities, this cottage could serve as an ideal rental investment or a project for those looking to enhance its value through refurbishment. With potential to improve both living conditions and energy efficiency (currently rated EPC E), this property could be revitalised into a desirable home or rental unit. Viewings are strictly by appointment, making it essential to act quickly if interested.

Investment Analysis

(NR28 area)

Above Market Value

This property is priced +91.1% above area average per sq ft

+91.1%
This Property
£554/sq ft
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£195,731
10% above area average per sq ft
Potential ROI
-46.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
104%
Properties sold annually

Local Market Trend (NR28)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -3.4%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on NR28 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

1 , 2 & 3 White Horse Common Cottages, Happisburgh Road, White Horse Common, North Walsham, Norfolk NR28 9NG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,226
Based on a loan of £255,000 over 30 years at 4.06% 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.

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