2-bedroom flat · NR27 9EF
For saleReduced £25k (−6.7%) on 21 JunListed 512 days
Opportunity summary
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About
Flat 3, Collison Place, Cromer This chain-free 2 bedroom ground-floor apartment forms part of Collison Place, a renovated Victorian double-fronted building on Louden Road in Cromer.
Originally built as a community hospital in 1888, the building has been carefully converted into a collection of apartments, retaining period features while introducing modern finishes.
Inside, the apartment has high ceilings, large period sash windows & views towards Cromer Church.
The layout centres around an open-plan kitchen/living/dining space, designed for day-to-day use as well as entertaining.
The kitchen includes indigo Shaker-style units, solid quartz work surfaces & upstands, a kitchen peninsula & integrated Neff appliances including oven, hob & extractor.
There are 2 bedrooms, both with en-suites. The bathrooms include contemporary fittings, thermostatic showers with fixed drencher heads & separate handsets.
Further specification includes oak-effect lvt flooring to the main areas, carpets to the bedrooms, Victorian-style solid engineered internal doors, hardwood double glazed sash windows, Lumi plug-in ceiling lights & electric radiators controlled by Heatmiser NeoStat smart thermostats.
The apartment also has an allocated parking space. No private garden or outside space is mentioned in the information provided.
Collison Place is well placed for Cromer town centre, local cafés, independent shops, restaurants, the railway station, health facilities, the seafront, pier & coastal walks.
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 tbc. EPC Rating C. Services Connected To be confirmed. Agent’s Note Leasehold with share of freehold. 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.
EPC Rating: C Parking - Allocated Parking 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
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Flat 3, Collison Place, Cromer
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