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Norwich Road, Yaxham

East of England

£450,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
Cottage
Area
2538 sqft

Description

This historic blacksmith's cottage offers a unique blend of original charm and modern comforts, presenting an exciting opportunity for renovation and investment. Positioned on a generous plot, the property includes a large outbuilding that previously had approved plans for an extension, now expired, which could potentially be transformed into a two-bedroom annex with the necessary planning permissions (stpp). The interior features include two spacious reception rooms with distinctive brick fireplaces, an inviting kitchen/breakfast room fitted with quality units and a central island, along with a garden room that floods the home with natural light. The accommodation comprises four well-sized bedrooms, flexible living spaces including a study, and both shower and family bathrooms. Outside, luxuriate in the extensively maintained grounds complete with mature trees and a driveway offering ample off-road parking. This property is not just a dwelling; it holds the promise of future growth through refurbishments or possible rental income from the outbuilding conversion.

Investment Analysis

(NR19 area)

Below Market Value

This property is priced -32.7% below area average per sq ft

-32.7%
Potential saving
This Property
£177/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£191
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£735,500
10% above area average per sq ft
Potential ROI
+36.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (NR19)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -8.2%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on NR19 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

Norwich Road, Yaxham
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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
£1,623
Based on a loan of £337,500 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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