We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom bungalow · NR28 0PS
For saleReduced £50k (−6.7%) on 3 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Corner House, as its name suggests, occupies a landmark position at the heart of the highly sought-after North Norfolk village of Trunch.
Nestled within this quintessential village, with its historic church, traditional pub and vibrant community centre, the property enjoys an enviable setting that combines a strong sense of community with the convenience of being just a short drive from the sandy beaches of nearby Mundesley.
A cherished family home for over 20 years, Corner House is rich in history and has long been woven into the fabric of village life.
Originally known as The New Inn, it formed part of the Trunch Brewery from 1845 until 1961 before embarking on its next chapter as the village shop, continuing its role as a focal point for the local community.
Today, the property has been thoughtfully adapted into an impressive and versatile home, complete with a self-contained two-bedroom bungalow (Byngalo Bach), currently operating as a successful holiday let business.
It also retains valuable commercial potential, with the current owners having successfully operated the village shop from the premises.
Whether enjoyed as an exceptional family residence, a home with income potential, or a combination of both, Corner House offers generous accommodation, period character and a unique heritage, presenting a rare opportunity to acquire a property that remains at the very heart of this thriving Norfolk village.
Both the main house and the bungalow are beautifully presented and offer spacious, versatile accommodation.
Extending to nearly 2,500 sq ft, the principal residence provides flexible living space to suit a variety of lifestyles.
The ground floor comprises four reception rooms, currently utilised for storage but offering excellent potential for conversion to additional living or workspaces, alongside a superb open-plan kitchen and dining room with double doors opening onto the rear garden.
A substantial studio/workshop, measuring approximately 42ft x 15ft, provides exceptional space for hobbies, a home business or further development, subject to the necessary consents.
Upstairs, the main house offers four generously proportioned double bedrooms, a family bathroom and a separate WC.
The self-contained two-bedroom annexe is equally well appointed, comprising a comfortable sitting room with an adjoining conservatory, a spacious kitchen/dining room, a wet room, garage and adjoining store, making it ideal for multi-generational living, guest accommodation or generating supplementary income.
The property is further enhanced by its convenient location, just three miles from the thriving market town of North Walsham, which offers an excellent range of amenities including supermarkets, independent shops, schools and a railway station with regular services to Norwich and onward connections to London.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About Corner House, Gimingham Road, North Walsham
Explore nearby