2-bedroom terraced house · NR26 8RU
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity to acquire this superb little cottage constructed in the traditional style of Norfolk Brick and flint elevations beneath a pantiled roof.
Although small in size, the property is huge in character with every square inch being used to make it a joy to occupy.
Currently a holiday home, the property has been a permanent home previously, it is beautifully presented and even has a small garden area and an off-road parking space.
Heating is provided by modern electric heaters supplemented by a wood burning stove and the windows have been replaced with UPVC sealed units.
Entrance Porch - Part glazed, composite entrance door, Velux roof light and window to side, exposed flintwork, fitted shelving and coats hanging space.
Opening to: Kitchen/Breakfast Room - Window to side aspect, range of shaker style base and wall cabinets with solid wood work surfaces, inset sink, inset electric hob, integrated electric oven, provision for washing machine, fitted breakfast table, window to side aspect, stairs to first floor, open to: Lounge - A lovely light room with three windows to front and side, recess housing wood burning stove with pamment stone hearth and timber mantel, provision for TV.
First Floor - Landing - Access to roof space.
Shower Room - Fully tiled shower enclosure with independent electric shower, wash basin with tiled splashback, close coupled w.c., chrome heated towel rail, wall mirror, fitted shelving.
Bedroom 1 - Window to front aspect, wall mounted electric heater, built in wardrobe cupboard, provision for wall mounted TV.
Bedroom 2 - Window to rear aspect, wall mounted electric heater, two built in bunk beds, one with storage beneath.
Outside - The property has an off-road parking space for one car and a small, separate enclosed garden area leading from the parking space.
Agents Note - The property is freehold, has mains electricity, water and drainage connected. The property is currently rated as a business but previously has a Council Tax Rating of Band A.
Please note that as this property is currently let for holidays, viewings will be restricted to changeover days or vacant periods.
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 Cromer Road, Sheringham
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