2-bedroom flat · NR27 9DJ
For saleReduced £10k (−6.7%) on 18 JulListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well presented 2 bed apartment is situated on the 2nd floor with lift access with easy access to the town centre and enjoying allocated parking and no chain.
Description Craigside is a purpose built apartment block just a short walk from the town centre and stunning beaches Cromer has to offer.
This is a well presented two bed apartment is situated on the 2nd floor with lift access. The apartment consists of two double bedrooms, fitted kitchen, lounge with balcony, and bathroom.
The property also comes with allocated undercover parking space and communal grounds. There is no onward chain.
Entrance Hall Front door leading to the hall, with access to all rooms, radiator, security entry phone system and built in storage cupboard with shelving.
Lounge 13' x 12' 5" ( 3.96m x 3.78m ) Upvc double glazed French doors and matching window leading to the balcony overlooking communal gardens and radiator.
Kitchen 14' 5" x 6' 8" ( 4.39m x 2.03m ) Fitted with a range of comprehensive base and wall mounted units comprising cupboards and drawers, roll edge worktop with inset single stainless steel sink drainer, plumbing and space for domestic appliance under, hob with cooker hood above, further undercounter appliance space, tiled splashbacks, wall mounted gas fired combination boiler, upvc double glazed window and radiator.
Bathroom 11' 1" Max x 5' 9" ( 3.38m Max x 1.75m ) Four piece suite comprising panelled bath with separate taps, hand wash basin, WC and tiled shower enclosure with power shower fitted, radiator, shaver point and opaque double glazed window.
Bedroom One 11' 2" Max x 10' 10" Max ( 3.40m Max x 3.30m Max ) Upvc double glazed window, Juliet balcony with views towards the town and church, built in wardrobe with hanging space and shelving, radiator.
Bedroom Two 13' 1" Max x 7' 11" Max ( 3.99m Max x 2.41m Max ) Upvc double glazed window and radiator. Exterior Communal grounds with covered parking with no.
16 allocated to the apartment Agents Note The lease has 96 years remaining Ground rent: £100 per annum Service charges: Approx.
£1100 per annum Long term letting permitted Holiday lets are not allowed Pets only allowed with landlords permission We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 Flat 16, Craigside, St. Marys Road, Cromer
Explore nearby