2-bedroom flat · NR27 9HU
For saleListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a popular location of Cromer, within a Victorian townhouse that was thoughtfully converted into six apartments back in 2015, each property owner enjoys a stake in the building's freehold.
Situated on the top floor, this beautifully presented apartment offers truly fantastic views that stretch across the sea, taking in the landmark Cromer Pier, the open space of Evington Lawns, the ever-watchful Cromer lighthouse, and the picturesque countryside that surrounds this charming coastal town.
Its convenient position also means you're just a short walk from Cromer's town centre, with its many shops, various services, and excellent transport connections.
Importantly, the lease includes permission for holiday lettings, which significantly enhances its appeal as a promising investment venture in this highly sought-after coastal town.
With tremendous further potential for a loft conversion to create additional accommodation, subject to the relevant permissions. Viewings are highly advised to fully appreciate all that is on offer.
Call Millers to view. Communal Entrance Communal entrance door, Intercom entry system, stairs rising to all floors.
Entrance Hall Private entrance door leading into the apartment, a short flight of carpeted steps rises to the hallway, wall mounted radiator, carpeted flooring, intercom entry phone, solid oak doors lead to the open plan living area, bedrooms 1,2 and the bathroom.
Open Plan Lounge/Kitchen Two uPVC double glazed sash style windows to the rear aspect overlooking Evington Lawns and with stunning views of the sea and the pier.
The kitchen area has a range of fitted modern base and wall mounted units with work surfaces over, inset one and a half bowl stainless steel sink with side drainer, inset four ring electric hob with stainless steel extractor unit over, built-in electric oven and grill, integrated washing machine, integrated dishwasher.
Space for fridge/freezer, TV and satellite points, two wall mounted radiators and engineered oak flooring.
Bedroom 1 UPVC double glazed sash style window to the front aspect, carpeted flooring and wall mounted radiator.
Bedroom 2 UPVC double glazed sash style window to the front aspect, carpeted flooring, loft access hatch and wall mounted radiator.
Bathroom UPVC obscure double glazed window to the side aspect, wall mounted radiator, tiled flooring, extractor fan, part tiled walls, three-piece suite comprising a bath with a shower mixer bar over and glazed shower screen, dual flush WC and a pedestal wash hand basin with tiled splashback.
Lease Details & Charges 250 years from 2016 with a share of the freehold Annual Charges £1,200 per annum Restrictions The lease permits long-term and holiday lettings. Pets not allowed.
Disclaimer Millers Estate Agents and their representatives are not authorised to make assurances about the property on their own behalf or on behalf of the seller.
No responsibility is accepted for statements within these particulars, which do not form part of any offer or contract.
Prospective buyers or tenants should verify leasehold charges, restrictions, or related matters through their legal adviser. All measurements, areas, and distances are approximate.
Information, including descriptions, photos, and floor plans, is for general guidance and may not cover all aspects.
It should not be assumed that necessary planning permissions, building regulations, or other consents are in place.
Services, systems, and appliances have not been tested, and interested parties should conduct their own inspections and enquiries.
Millers Estate Agents are members of The Property Ombudsman and part of the Propertymark Client Money Protection Scheme.
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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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 1, 25 Cabbell Road, Cromer
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