2-bedroom flat · NR27 9HR
No longer listedListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Communal entrance hall Tiled flooring, door to flat, stairs rising to upper floors.
Entrance hall Understairs storage cupboard, wall mounted gas fired radiator, part original wood flooring, part wood effect flooring, doors to Kitchen/Diner, Bedrooms 1,2 and Bathroom.
Kitchen/diner Single glazed windows either side of door to rear aspect, range of base and wall mounted units set beneath wood effect work surfaces, inset ceramic sink with chrome mixer tap over, dishwasher, freestanding electric cooker with oven and grill, fridge freezer, tiled splash backs, storage cupboard with shelving, wood effect flooring, part glazed door to the Rear Porch.
Lounge Box bay with uPVC double glazed sash windows and window seat, wall mounted gas fired radiators, wood effect flooring.
Bathroom Obscure uPVC double glazed sash window to the side aspect, bath with mixer tap and dual shower heads over, wash handbasin with mixer tap over and cupboard below and concealed cistern dual flush WC, wall mounted chrome ladder style heated towel rail, tiled splash backs, tiled flooring.
Bedroom 2 uPVC double glazed sash windows to the side aspect, wall mounted gas fired radiator, wood effect flooring.
Bedroom 1 uPVC double glazed sash windows to the side and rear aspects, wall mounted gas fired radiator, storage cupboard housing gas fired boiler and shelving, wood effect flooring.
Rear porch Two uPVC double glazed windows to the rear aspect either side of the door, original tiled flooring, built in shoe storage and seat, uPVC double glazed roof.
Outside To the front of the property is a small garden with path leading to the communal entrance door.
To the rear of the property is a hardstanding with one off road parking space and steps leading to a communal patio area and leads to the rear entrance porch.
Fees & deposits There are no fees payable for this property. All applicants will be required to pay a holding deposit of £225.00 to secure the property whilst full referencing takes place.
This can be used towards the first months rent. The remainder of the first month's rent (£750.00) along with the deposit of £1,125.00 would then be due on the first day of the tenancy.
Please note, to comply with money laundering regulations applicants will be required to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
Henleys are a member of The Property Ombudsman and are part of the Propertymark Client Money Protection Scheme. Parking - Allocated Parking
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 1, 19 Prince Of Wales Road, Cromer
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