We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · NR27 9FD
Sold STCListed 451 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom end-terraced house is set in a convenient Cromer location, within walking distance of the beach & close to local amenities.
The ground floor has a practical layout, with an entrance hall leading to the living/dining area, kitchen & cloakroom.
The living/dining area opens directly onto the rear courtyard garden through sliding doors, giving the main living space an easy connection to the outside.
The kitchen sits to the front & includes fitted wall & base units, work surfaces, stainless steel sink, gas hob, extractor, built-in electric oven, space & plumbing for a washing machine, space & plumbing for a dishwasher, space for a fridge freezer & the wall-mounted gas boiler.
Upstairs, there are 2 bedrooms & a family bathroom. The bathroom includes a bath with shower over, WC, pedestal basin, shaver point & extractor fan.
Outside, the property has a walled shingled front garden with a pathway to the front door, along with a small enclosed patio courtyard to the rear.
There is also 1 allocated off-road parking space, accessed via an archway on Mount Street, with a locked pedestrian gate through to the property.
The property is currently tenanted, so is already generating income. Based on the price of £240,000, the current gross yield works out at 4%. Parking is provided by 1 allocated off-road parking space.
Outside space includes a low-maintenance front garden & enclosed rear courtyard.
Cromer Cromer is one of North Norfolk’s best-known coastal towns, popular with residents for its combination of seaside character, everyday convenience & strong sense of community.
The town offers a wide range of amenities, including supermarkets, independent shops, cafés, restaurants, schools & healthcare facilities, along with direct rail links to Norwich.
Its mix of practical day-to-day services & coastal surroundings makes Cromer a popular choice for families, retirees & those relocating to the area full time.
Cromer is well known for its traditional pier, wide beaches & strong connection to the sea, while the surrounding coastline & countryside provide easy access to walking routes & outdoor activities throughout the year.
Despite its popularity with visitors, Cromer remains a working & well-supported town year round, with a busy local community & regular events helping maintain activity outside of the holiday season.
The town also benefits from a good mix of character properties, period homes & more modern developments across both the town centre & surrounding residential areas.
For those looking for a well-connected coastal town with a strong community feel & access to everything needed for day-to-day living, Cromer continues to be one of North Norfolk’s most sought-after places to live.
EPC rating C Council Tax C Services connected Mains electric, water, gas central heating & mains sewerage. Agent’s note The property is currently tenanted.
Based on the price of £240,000, the current gross yield works out at 4%. Broadband: Ask agent. Important note We have recently moved to a new crm system.
While we aim to ensure all property details are accurate, some information may not yet have been fully verified following the changeover.
If you would like clarification on any important points, including flood risk, rights of way, restrictions or similar matters, please speak with our team.
We appreciate your understanding whilst this transition is completed.
EPC Rating: C Parking - Driveway Disclaimer These particulars are provided as a guide only and do not form part of any offer or contract.
Henleys and its representatives have no authority to make or give representations or warranties.
All descriptions, measurements, photographs and plans are for guidance only and should not be relied upon as statements of fact.
Buyers should satisfy themselves as to the accuracy of the information through inspection or professional advice.
Services, appliances and equipment have not been tested and no warranty can be given as to their condition.
Planning permissions, building regulations and other consents should be verified by the buyer’s legal adviser.
Leasehold buyers should confirm ground rent, service charges and lease details with their legal adviser.
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
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FAQ
About 5 Sea Mews Church Street, Cromer
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