2-bedroom flat · NR27 9AQ
For saleReduced £20k (−7.1%) on 7 OctListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Set within the stunning Richmond Court Gardens over 55s development, this lovely two bed, two bath apartment really is a great find.
Description Situated within the immaculately presented, over 55s, gated community of Richmond Court Gardens, there is much to love about this two bed, two bath apartment.
With private, underground parking and an on-site indoor swimming pool, gym, snooker room, lawn bowling area and communal meeting room, you will soon discover why properties are here are hard to come by.
Early viewing is most definitely advised.
Our Opinion: "There is a real sense of community here and its location, just a short walk from the bustling town centre, of Cromer makes this the perfect choice for those planning to retire to the coast." Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Entrance Entrance from Colne Road, via secure door with intercom for guests.
Access to immaculately kept public areas with stairs and lift leading to the first floor. Apartment Hall Welcoming hallway leading to all rooms.
Living / Dining Room A light and airy room with a large UPVC double-glazed bay-window with views across the attractive courtyard, this room offers plenty of space to relax, unwind and dine.
Kitchen A range of base and wall units with a built in oven, microwave, hob and dishwasher, this kitchen may benefit from a refresh but, nevertheless it has everything needed to whip up a great meal.
Bedroom One With floor to ceiling UPVC glass windows and built in cupboards, this generously sized double room also benefits from a full ensuite bathroom.
Ensuite Bathroom A large ensuite with a shower cubicle and a full bath, this room also has a hand basin and WC.
Bedroom Two Another generous double room, this bedroom also benefits from floor to ceiling glass UPVC windows.
Bathroom With a shower cubicle, hand basin and wc, this room currently houses the washing machine.
Outside There is a beautifully landscaped, shared courtyard featuring garden ponds and fountains, which are attractively illuminated in the evening.
This much sought-after retirement complex also boasts a communal meeting room, an indoor swimming pool, a gym, a lawn bowls area and a snooker room. This really is a one of a kind coastal development.
Directions Enter from Colne Road. Property is on the first floor 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 advisors 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 8, Richmond Court Gardens, Cromer
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