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See how verdicts work5-bedroom house · NR11 8AE
For saleReduced £25k (−6.3%) on 3 SepListed 75 days
Opportunity summary
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About
A rare opportunity to acquire a substantial coastal property comprising two self-contained apartments in the heart of sought-after Mundesley.
Sold freehold with the apartments held under separate leases, the property offers flexible accommodation and an attractive investment opportunity, with a combined estimated rental income of approximately £2,000 pcm, equating to a circa 6.0% gross yield.
Flat 1 provides generous ground-floor living with two ensuite bedrooms, a private courtyard garden and garage, while Flat 2 offers spacious accommodation across two upper floors with sea and park views.
Just moments from the beach and village amenities, and offered with no onward chain, this is a unique opportunity with both lifestyle and investment appeal.
The Location Situated within a sought-after residential area of Mundesley, this location offers an enviable coastal lifestyle just moments from one of Norfolk's most popular sandy beaches.
The village has long been favoured by both permanent residents and those seeking a seaside retreat, thanks to its welcoming community atmosphere, attractive coastline and excellent range of local amenities.
Mundesley provides a variety of everyday conveniences, including independent shops, cafés, public houses, a convenience store, medical facilities and a primary school.
The village centre retains much of its traditional coastal charm, while offering the practical amenities required for day-to-day living.
A particular highlight of the area is its beautiful sandy beach, renowned for its colourful beach huts and far-reaching sea views.
The surrounding coastline offers excellent opportunities for walking and outdoor recreation, with scenic routes along the clifftops and through the surrounding countryside.
The area is ideal for those who enjoy coastal living, waterside walks and the changing scenery throughout the seasons.
The nearby market town of North Walsham provides a wider selection of supermarkets, leisure facilities and educational options, together with a railway station offering services to Norwich and beyond.
Cromer, with its famous pier, golf course, independent shops and range of restaurants, is also easily accessible and provides further amenities along the North Norfolk coast.
For those travelling further afield, the area benefits from good road connections to Norwich, which offers an extensive range of shopping, dining, entertainment and cultural attractions.
The city also provides mainline rail services and an international airport, making the area well connected despite its peaceful coastal setting.
High Street, Mundesley Occupying a prominent position within the highly sought-after coastal village of Mundesley, this substantial freehold property comprises two spacious self-contained apartments, each held under separate leasehold titles, presenting a rare opportunity for investors, multi-generational families or purchasers seeking versatile income-generating accommodation in a desirable North Norfolk location.
Ideally situated within easy reach of the village centre, beach and local amenities, the property offers a diverse range of possibilities, whether as a long-term investment, holiday letting venture (subject to any necessary consents), or a combination of owner occupation and rental income.
Flat 1 occupies the generous ground floor and provides well-proportioned single-level accommodation.
At its heart is an impressive open-plan sitting and dining room, offering a bright and welcoming space for everyday living and entertaining.
The spacious kitchen is complemented by a separate utility room, while two double bedrooms each benefit from their own ensuite facility, creating flexible accommodation for residents and guests alike.
Further advantages include a private enclosed courtyard garden and an attached garage. Flat 2 is arranged over the upper two floors and offers exceptionally spacious accommodation throughout.
The first floor comprises a bright kitchen/dining room, three versatile reception/bedroom spaces and a family bathroom.
Occupying the entire upper floor is a remarkable family room enjoying elevated views across Gold Park and towards the sea, together with an additional double bedroom.
The flexible layout lends itself to a variety of uses, appealing to both owner occupiers and tenants.
The property benefits from uPVC double glazing and gas-fired central heating, while its central village location places shops, cafes, the beach and local services within convenient reach.
Offered for sale with no onward chain, this is a rare chance to secure a substantial coastal property with flexible accommodation, asset management potential and long-term investment appeal in one of North Norfolk's most popular seaside villages.
Agent’s Note This property will be sold freehold and connected to mains water, electricity, gas and drainage. The sale includes the freehold interest together with both self-contained apartments.
Each apartment is subject to its own leasehold title, all of which are owned by the seller. Further information regarding the title structure is available upon request.
All prospective purchasers should satisfy themselves as to the tenure arrangement and any associated conveyancing requirements prior to proceeding.
Rental figures have been provided by our Lettings Department for guidance only and are based on current market conditions.
Prospective purchasers should obtain their own independent rental valuation, as rental values and yields cannot be guaranteed.
EPC Rating: D Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
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.
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FAQ
About Flat 1 & 2, High Street, Mundesley, Norwich
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