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The Green, Binham, Fakenham, Norfolk, NR21 - Image 1
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The Green, Binham, Fakenham, Norfolk, NR21 - Image 3
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The Green, Binham, Fakenham, Norfolk, NR21 - Image 8
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The Green, Binham, Fakenham, Norfolk, NR21 - Image 11

The Green, Binham, Fakenham, Norfolk, NR21

East of England

£595,000
Listed on 07/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1392 sqft

Description

This Grade II Listed cottage presents a rare opportunity for complete renovation in the picturesque village of Binham, North Norfolk. Overlooking the charming village green, this two-bedroom property comes with original features that offer potential charm when modernised. A separate barn provides additional space for storage or conversion, and an attractive walled garden creates an inviting outdoor area. Inside, the layout includes a reception/dining hall with period flooring and a wood-burning stove, leading to a spacious sitting room with dual aspects. The kitchen has basic freestanding units and access to a courtyard garden. The first floor hosts two good-sized bedrooms, one featuring an original cast iron fireplace, along with a family bathroom. While the cottage is in need of full refurbishment, it has the potential to be transformed into a beautiful home that could appeal to both investors and owner-occupiers alike. Given its location close to the stunning North Norfolk coast and local amenities in Binham, this property is well positioned for future value enhancement.

Investment Analysis

(NR21 area)

Above Market Value

This property is priced +46.7% above area average per sq ft

+46.7%
This Property
£427/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£446,192
10% above area average per sq ft
Potential ROI
-34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NR21)

Area prices are rising by +9.3% over the last 12 months
3 year growth: +1.8%
5 year growth: +13.2%
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

The Green, Binham, Fakenham, Norfolk, NR21
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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
£2,146
Based on a loan of £446,250 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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