1-bedroom flat · NR27 0AJ
For saleListed 471 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary >> Motivated Sellers Recently Reduced to £167,500 - Viewing is highly recommended!
<< Set in a Premier area of Cromer is this 1 bedroom period gothic style, character apartment, which has been comprehensively refurbished, comprises Lounge/kitchen, Bedroom with an En Suite & access to rear gardens.
Description Occupying part of the ground floor of this period gothic style character building and situated in the Premier area of Cromer, this well appointed one bedroom apartment has direct access to the gardens at the rear, floor to ceiling windows, high ceilings and character features, modern fitted kitchen & an en-suite to the bedroom.
This apartment has been comprehensively refurbished in the last 5 years, with re-plastering to the walls and ceilings, small part of cornicing authentically repaired by a local specialist, replacement of electrics, water and central heating system, new internal door to the bedroom.
Lounge / Kitchen 19' 10" x 19' Into Bay ( 6.05m x 5.79m Into Bay ) Front door leading into lounge with Period stain glass box bay window, matching door leading to the communal garden and radiators.
Kitchen fitted with comprehensive range of shaker style wall and base units, roll edge work surfaces over, inset sink drainer with mixer tap, integrated fridge freezer and washer/dryer, built in electric oven, hob with stainless steel splashback and cooker hood above, spotlights, ceiling cornice, wall mounted consumer unit, Period stain glass box bay window, matching door leading to the communal garden and radiators.
Bedroom 17' 10" x 10' 9" ( 5.44m x 3.28m ) Period style window and door to the communal garden, radiator, ceiling cornice and rose, door to shower room.
En-Suite Walk in shower enclosure with Mira electric shower fitted, vanity unit with hand wash basin, cupboard storage, concealed cistern dual flush WC, chrome heated towel rail, extractor fan, shaver point, ceiling cornice and spotlights Agents Note: Tenure is leasehold with share of the Freehold - Can be extended to 999 years.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
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FAQ
About Flat 1, Bracondale, Overstrand Road, Cromer
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