4-bedroom house · NR27 0HD
Listing removedReduced £35k (−7.6%) on 21 JunListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*soughtafter town centre bungalow* A well presented four bedroom bungalow, ideally located just a short walk from Cromer town centre.
Offering spacious and versatile accommodation all on one level, this attractive home is perfectly suited to families, downsizers, or those seeking convenient coastal living.
Positioned within easy reach of Cromer’s shops, cafés, beaches, and excellent transport links, the property enjoys a highly desirable location while still offering a sense of privacy and comfort.
The bungalow’s proximity to the town centre makes it ideal for those looking to enjoy everything Cromer has to offer without reliance on a car.
The accommodation briefly comprises a living room, a separate dining room seamlessly connected to a large conservatory, creating a fantastic space for entertaining and hosting, a fitted kitchen, 4 well proportioned bedrooms, and two bathrooms providing excellent practicality for modern living.
It also benefits from a converted garage/annex with very flexible use! Further benefits include ample off road parking and the ease and accessibility that comes with bungalow living.
This is a fantastic opportunity to secure a spacious home in one of Cromer’s most convenient and soughtafter locations.
*This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About 54, Norwich Road, Norfolk
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