2-bedroom flat · NR27 9AP
Let agreedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Cromer, a vibrant predominantly Victorian town is perched on the very edge of the North Norfolk Coast, famous for its wide open beaches, Cromer crabs and traditional pier complete with theatre providing Seaside Special variety shows.
Rich in its fishing heritage, Cromer also has a lighthouse and a proud tradition of RNLI service.
There is an excellent mix of small independent local shops and a wide variety of cafes, restaurants, pubs and holiday accommodation together with train and bus links to The Broads and Norwich, some 23 miles distant.
There is also a hospital, doctors and dental surgery, library and The Royal Cromer Golf Club.
Description Situated walking distance from the town centre, this two bedroom duplex flat offers spacious living over two floors.
Two double bedrooms with gas fired central heating and a enclosed rear garden rare for Cromer. The flat also benefits from 2 off road parking spaces.
Lobby Front door entrance, carpeted, access to stairs, lounge and kitchen.
Kitchen Fitted kitchen with range of matching base and wall units with work surface over, sink and drainer unit with mixer tap, side aspect window, appliances to be confirmed.
Lounge Wooden effect flooring, French doors to garden, shelves, radiator. First Floor Bedroom 1 Carpeted, rear facing double glazed window, radiator.
Bedroom 2 Side facing double glazed window, carpeted, radiator.
Bathroom White three piece bathroom suite comprising low level w.c with consealed cistern, .pedestal hand wash basin and paneled bath with shower over, shower screen and tiled surround, vinyl flooring, radiator.
Outside Enclosed rear garden, paved, access to 2 parking spaces - off road. Services All mains services. EPC Rating The Energy Rating for this property is D.
A full Energy Performance Certificate available on request. Local Authority/Council Tax North Norfolk District Council, Holt Road, Cromer, NR27 9EN. Tel: Tax Band: A Available End Oct 2026.
Tenure Assured periodic tenancy. Agents Note One weeks rent will be taken as a holding deposit. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including guarantor(s)) withdraw from the tenancy, fail a right to rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or any other deadline for Agreement as mutually agreed in writing) A security deposit of 5 weeks rent will also be require prior to commencing a tenancy.
Tenants are reminded that they are responsible for arranging their own contents insurance.
The tenancy is exclusive of all other outgoings, therefore tenants must pay all bills incurred throughout the tenancy period.
We Are Here To Help If your interest in this property is dependent on anything about the property or its surroundings which are not referred to in these sales particulars, please contact us before viewing and we will do our best to answer any questions you may have.
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
Agent & docs
FAQ
About Macdonald Road, Cromer
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