5-bedroom terraced house · NR27 9ES
Listing removedListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ATTENTION INVESTORS** **WHOLE PROPERTY FOR SALE** Set in Cromer town centre this large mixed use property offers commercial space with cellar, outside courtyard and outbuilding on street level and on the upper floors it has 3 generously sized self-contained apartments: 2 are 2 bedroom and the 3rd is 1 bedroom.
There are some sea views on the upper floors and the location is as prime spot for the town centre and beaches.
A prime location for commercial use and ideal to create quality properties for those seeking an investment, 2nd homes/holiday letting or shorthold tenancies along with the ground floor commercial space.
**The current business is un-affected during the sales process and will remain trading. **
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 Church Street, Cromer, Norfolk, NR27
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