2-bedroom flat · NR27 9HT
For saleReduced £20k (−8.7%) on 24 SepListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented 2-bedroom top-floor flat in the heart of Cromer, offering generous storage space thanks to loft access-an uncommon feature for similar properties.
Full Description This attractive 2-bedroom top-floor flat is perfect for those seeking a comfortable home close to the coast.
The property offers a bright and welcoming living area, complemented by two well-proportioned bedrooms.
A standout feature is the loft access, providing significantly more storage than most flats of this type-ideal for those who value extra space without compromising on convenience.
The flat’s elevated position ensures a sense of privacy and light throughout, making it a great choice for first-time buyers, downsizers, or as a holiday retreat.
Location Description Situated in the popular seaside town of Cromer, this property is just a short walk from the beach, the iconic pier, and a range of local amenities including shops, cafes, and restaurants.
Cromer also benefits from good transport links to Norwich and other North Norfolk destinations, making it an excellent base for enjoying coastal living.
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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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 Penthouse, 8, Cadogan Road, Norfolk
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