2-bedroom flat · NR27 9HP
Let agreedReduced £25 (−2.8%) on 7 OctListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Communal entrance Steps lead from the street to the communal entrance door with in turn leads to carpeted stairs rising to all floors.
Entrance hall Spacious entrance hall with Dimplex Quantum high heat retention storage heater, large storage cupboard, carpeted flooring, doors to Lounge, stairs rising to Bedroom 1 and further stairs leading down to an inner hall with doors to Bedroom 2, Bathroom and Kitchen.
Lounge Single glazed sash window with secondary glazing to the rear aspect providing excellent views over Cromer Pier and the sea, two Dimplex Quantum high heat retention storage heaters, carpeted flooring.
Bedroom 2 Double bedroom with single glazed sash window with secondary glazing to the front aspect, Dimplex Quantum high heat retention storage heater, carpeted flooring.
Bathroom Obscure single glazed sash window with secondary glazing to the front aspect, panel sided bath with wall mounted electric shower over, pedestal wash hand basin, close coupled dual flush WC, tiled splash backs, wood effect vinyl type flooring.
Kitchen/diner Single glazed sash window with secondary glazing to the front aspect, range of base and wall mounted units set beneath roll edge work surfaces, inset stainless steel sink and drainer unit with mixer tap over, space and plumbing for washing machine, inset electric hob with stainless steel chimney style extractor hood over, built in electric oven, space for fridge freezer, storage cupboard, tiled splash backs, wood effect vinyl type flooring.
Bedroom 1 Spacious double bedroom with single glazed window with secondary glazing to the front aspect, Dimplex Quantum high heat retention storage heater, carpeted flooring, exposed beams to ceiling, door to Bedroom 3/Study.
Bedroom 3/study Double bedroom with single glazed window with secondary glazing to the front aspect, Dimplex Quantum high heat retention storage heater, carpeted flooring.
Please note this room is accessed via Bedroom 1 only. Fees & deposits There are no fees payable for this property.
All applicants will be required to pay a holding deposit of £207.69 to secure the property whilst full referencing takes place. This can be used towards the first months rent.
The remainder of the first month's rent (£692.31) along with the deposit of £1,038.46 would then be due on the first day of the tenancy.
Please note, to comply with money laundering regulations applicants will be required to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
Henleys are a member of The Property Ombudsman and are part of the Propertymark Client Money Protection Scheme. EPC Rating: E
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 8 Regency Flats New Street, Cromer, Cromer
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