3-bedroom terraced house · NR27 9BZ
Listing removedReduced £10k (−3.2%) on 3 SepListed 525 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled just a short stroll from Cromer’s beautiful seafront and vibrant town centre, this delightful three-bedroom home blends traditional character with modern practicality.
Whether you're seeking a spacious coastal residence, a second home, or a fantastic holiday let investment, this property offers an exceptional opportunity.
Step inside and you’ll find a warm and inviting lounge, complete with a cosy wood-burning stove, perfect for relaxing evenings.
The impressive kitchen/diner provides an ideal space for entertaining, featuring integrated appliances and plenty of space for dining and hosting.
Upstairs, the first floor offers two generously sized bedrooms, including a striking principal bedroom with built-in wardrobes.
The characterful bathroom is thoughtfully designed to reflect the style and heritage of the property.
The third bedroom is located on the second floor, providing a versatile space, perfect as a guest room, study, or home office.
A real bonus is the spacious cellar, offering further potential for conversion into a third reception room, studio, or generous storage space (subject to any necessary consents/regulations).
Outside, the property boasts a brick shed for storage and off-road parking for one vehicle, an increasingly rare benefit in this highly sought-after area.
Viewings are highly advised to truly appreciate all that is on offer. Call Millers to view.
EPC Rating: D Kitchen/Diner Part glazed entrance door to the side aspect, uPVC double glazed window to the side aspect, wall mounted radiator, space for dining table and chairs, a range of fitted base and wall mounted units with marble effect worktop over with matching splashbacks, inset stainless steel sink with mixer tap over and side drainer, integrated fridge freezer, integrated dishwasher, integrated washing machine, built-in electric oven, inset four ring electric hob with glass splashback and extractor above, inset ceiling downlighters, feature hanging pendant lights, wood effect vinyl flooring, door to the lounge, stairs rising to the first floor and stairs descending to the store room/cellar.
Lounge UPVC double glazed windows to the front and side aspect, inset wood burner with slate hearth and timber mantelpiece, dado rail, carpeted flooring, wall and ceiling lights.
First Floor Landing Cupboard housing the gas-fired boiler, wall mounted radiator, painted floorboards, stairs rising to the second floor, doors to bedrooms 1,2 and the bathroom.
Bedroom 1 UPVC double glazed window to the front aspect, dado rail, painted floorboards, wall mounted radiator, built-in twin wardrobes and feature fireplace (not in use).
Bedroom 2 UPVC double glazed window to the side aspect, wall mounted radiator, painted floorboards, feature panelled wall and feature fireplace (not in use).
Bathroom UPVC obscure double glazed window to the side aspect, dual flush WC, vanity wash hand basin with mixer tap over and cupboard below, wall mounted heated towel rail, panel enclosed bath with electric shower and shower curtain over, part tiled walls and wood effect vinyl flooring.
Bedroom 3 Occupying the second floor, the third bedroom features a uPVC double glazed window to the side aspect, wall mounted radiator, inset ceiling downlighters, exposed beams and painted floorboards.
Store Room/Cellar Window to the front aspect, exposed chimney breast, drain access and concrete flooring.
Garden The property offers off-road parking for one vehicle via the gravelled drive/garden area to the front of the building, which is spacious enough to accommodate a van.
Attractive flowerbeds sit at the front of the house, a path leads down the side of the building to the entrance door.
To the right of the front door, there is a brick-built shed providing useful storage space.
Parking - Driveway Disclaimer Millers Estate Agents and their representatives are not authorised to make assurances about the property on their own behalf or on behalf of the seller.
No responsibility is accepted for statements within these particulars, which do not form part of any offer or contract.
Prospective buyers or tenants should verify leasehold charges, restrictions, or related matters through their legal adviser. All measurements, areas, and distances are approximate.
Information, including descriptions, photos, and floor plans, is for general guidance and may not cover all aspects.
It should not be assumed that necessary planning permissions, building regulations, or other consents are in place.
Services, systems, and appliances have not been tested, and interested parties should conduct their own inspections and enquiries.
Millers Estate Agents are members of The Property Ombudsman and part of the Propertymark Client Money Protection Scheme.
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
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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
FAQ
About 11 St. Margarets Lane, Cromer
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