2-bedroom flat · NR27 9RA
Listing removedListed 590 days
Opportunity summary
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About
We are delighted to offer this superbly presented, ground floor apartment set in the heart of this popular seaside village.
The apartment is beautifully presented with a contemporary feel, offering a large lounge, modern kitchen with breakfast bar, two double bedrooms and shower room.
The accommodation is nicely proportioned throughout. Also with the benefit of gas central heating and double glazed windows.
West Runton itself offers a small selection of local shops and restaurants, a nine hole golf course and both bus and rail services providing easy access to the principal towns of Sheringham and Cromer and the County capital of Norwich.
Communal Entrance - UPVC double glazed door to the communal hallway with private personal door to Flat 8. Hallway - Doors to kitchen, bedrooms, lounge and shower room.
Door to large storage cupboard, laminate wood flooring. Kitchen - Modern range of base, drawer and wall cupboards, ample work surface, inset stainless steel sink unit with mixer tap over.
Built in electric oven with inset hob and extractor fan above. Space for under counter fridge. Breakfast bar with storage cupboards beneath and seating to the lounge side.
Extensively tiled walls, strip light, and laminate wood flooring. Lounge - Two UPVC double glazed sash windows to the front both with fitted wooden shutters.
Laminate wood flooring, radiator and two wall lights.
Bedroom One - UPVC double glazed sash window to the rear, radiator, laminate wood flooring, ceiling light, door to shelved cupboard with wall mounted gas central heating boiler.
Double doors opening to built in wardrobe. Bedroom Two - UPVC double glazed sash style window to the rear. Ceiling light point, laminate wood flooring and door to built in wardrobe.
Shower Room - Modern shower room with walk in shower cubicle and glazed sliding door, pedestal wash hand basin, low level WC.
Wall mounted mirrored cabinet, extensively tiled walls, laminate wood flooring. Extractor fan and ceiling light.
Outside - Slade Court stands in communal gardens and each apartment has an allocated parking space.
Agents Note - The property is sold with the balance of a 125 year lease from 1992, current service charge is £900 per annum and a share of the freehold is sold with the apartment.
All mains services are connected and the property has a Council Tax Rating of Band B. No pets are allowed.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Runton House Close, West Runton, Cromer
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