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See how verdicts work3-bedroom flat · NR26 8HZ
Listing removedListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to a truly extraordinary home-a two-story penthouse with breathtaking views. This residence, encompassing approximately 2,500 square feet, features three private balconies.
Situated within an exclusive development for those aged 55 and over, residents enjoy access to a shared indoor swimming pool and a games room with two full-size snooker tables.
A lift provides seamless access, and secure, underground parking is available for two vehicles.
The heart of the home is a triple-aspect room designed for living, dining, and entertaining, opening onto two balconies: one overlooking the gardens, and the other offering views of Sheringham and the sea beyond.
The kitchen is appointed with marble countertops and Miele appliances. A separate utility room leads to a balcony. Each of the three bedrooms is generously proportioned.
The master suite includes a balcony terrace, built-in wardrobes, and an en-suite bathroom.
The second bedroom also features an en-suite, while the third bedroom offers flexibility as a guest room or study, large walk-in library or closet.
Venture upstairs to find a mezzanine-style gallery leading to a sitting area with its own private balcony. This space provides potential for a personal gym or cinema room.
Additionally a fully boarded and illuminated loft room offers additional storage.
Situated within an exclusive, secure development, with concierge service, surrounded by landscaped grounds that are fully maintained all year round.
Just a short stroll away lies the charming seaside town of Sheringham, with its array of shops, cafes, theatre and amenities.
This penthouse represents a rare opportunity to acquire a residence of exceptional quality and comfort.
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 Cremers Drift, Sheringham, Norfolk, NR26
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