2-bedroom flat · NR27 9HR
Sold STCListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and well-proportioned first-floor two-bedroom flat, ideally located in a highly desirable central Cromer position.
The property enjoys attractive views across a popular green, creating a pleasant sense of openness rarely found so close to the town centre and seafront.
The accommodation is thoughtfully arranged and feels both practical and welcoming. The lounge enjoys a calm outlook across the green, while the kitchen offers good everyday functionality.
Two well-proportioned bedrooms provide flexibility for guests, home working, or additional storage, alongside a bathroom and useful internal storage.
Well maintained and ready to move into, the flat also offers scope for cosmetic updating to suit a buyer’s own taste.
It would suit a range of purchasers, including those seeking a low-maintenance coastal home, a downsizing option, or a centrally located main residence.
Location Perfectly positioned for everything Cromer has to offer, the property lies within easy walking distance of the town centre, transport links, and the sandy beach for which the area is well known.
With shops, cafés, restaurants, and the iconic Cromer Pier all close by, this is an ideal home for convenient coastal living with open green views immediately outside.
Additional Information • Tenure: Leasehold • Heating: Gas Central Heating • Council Tax Band: A • EPC: D (68), potential C • Ground Rent: £25 per annum • Service Charge: Approximately £2,400 per annum.
Please allow your solicitor to confirm the exact amount prior to exchange of contracts. ________________________________________
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 Prince of Wales Road, Cromer, Norfolk, NR27
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