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 work1-bedroom flat · NR27 9DP
Listing removedReduced £10k (−5.4%) on 21 JunListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold 11 Colne House, Cromer Positioned along Colne Road, within easy reach of the vibrant coastal charm of Cromer, Colne House presents an elegant and well-balanced ground-floor apartment, perfectly attuned to both coastal living and everyday convenience.
The property enjoys a light-filled aspect, with thoughtfully arranged accommodation that flows effortlessly from space to space, creating a flexible and welcoming atmosphere throughout, ideal as a first-time purchase, a loving home or a refined seaside retreat.
The accommodation is both practical and inviting, centred around a bright and comfortable living space arranged in two distinct areas.
A recently refurbished kitchen integrates seamlessly, while a well-proportioned bedroom provides a calm and restful setting, complemented by a newly installed shower room finished to a modern standard.
Altogether, the apartment offers a considered layout suited to contemporary living.
Set within a well-maintained development, the property benefits from long lease security and manageable service arrangements, enhancing its aesthetic appeal with peace of mind.
Beyond the apartment itself, residents benefit from the charm and vibrancy of Cromer, with its independent shops, traditional pier, and sweeping beaches all within close proximity.
Whether as a permanent residence, coastal escape, or investment opportunity, Colne House offers a rare combination of location, comfort, and understated elegance in one of North Norfolk’s most desirable seaside towns.
Cromer Cromer is one of North Norfolk’s best-known coastal towns, popular with residents for its combination of seaside character, everyday convenience and strong sense of community.
The town offers a wide range of amenities, including supermarkets, independent shops, cafés, restaurants, schools and healthcare facilities, along with direct rail links to Norwich.
Its mix of practical day-to-day services and coastal surroundings makes Cromer a popular choice for families, retirees and those relocating to the area full time.
Cromer is well known for its traditional pier, wide beaches and strong connection to the sea, while the surrounding coastline and countryside provide easy access to walking routes and outdoor activities throughout the year.
Despite its popularity with visitors, Cromer remains a working and well-supported town year round, with a busy local community and regular events helping maintain activity outside of the holiday season.
The town also benefits from a good mix of character properties, period homes and more modern developments across both the town centre and surrounding residential areas.
For those looking for a well-connected coastal town with a strong community feel and access to everything needed for day-to-day living, Cromer continues to be one of North Norfolk’s most sought-after places to live.
Council Tax Band A. Services Connected Mains water, electricity, drainage and gas. Agent’s Note Lease Term: Approx.
960years remaining Service Charge: £2,024.86 including buildings Insurance Important Note We have recently moved to a new crm system.
While we aim to ensure all property details are accurate, some information may not yet have been fully verified following the changeover.
If you would like clarification on any important points, including flood risk, rights of way, restrictions or similar matters, please speak with our team.
We appreciate your understanding whilst this transition is completed.
Parking - Allocated Parking Allocated parking space with additional visitors space Disclaimer These particulars are provided as a guide only and do not form part of any offer or contract.
Henleys and its representatives have no authority to make or give representations or warranties.
All descriptions, measurements, photographs and plans are for guidance only and should not be relied upon as statements of fact.
Buyers should satisfy themselves as to the accuracy of the information through inspection or professional advice.
Services, appliances and equipment have not been tested and no warranty can be given as to their condition.
Planning permissions, building regulations and other consents should be verified by the buyer’s legal adviser.
Leasehold buyers should confirm ground rent, service charges and lease details with their legal adviser.
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
FAQ
About 11 Colne House Colne Road, Cromer
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