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See how verdicts work1-bedroom flat · NR11 8DB
Sold STCListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£100,000 to £110,000 GUIDE PRICE Delighted to be offering this spacious one bedroom flat in the popular coastal village of Mundesley.
The property comprises; hall, lounge with arch to kitchen, bedroom, bathroom and parking offered with no onward chain.
This 2nd floor one bedroom flat benefits with lift access, situated close to the beach and local village facilities.
Trafalgar Court was formally an elegant sea-side hotel which was converted into flats in the 1960s.
As a hotel the sea facing aspect of the building, in the brickwork, still bears the Princess of Wales' Fler-de-Lys coat of arms from the days when the Prince of Wales - the future Edward VII used to holiday there with Lily Langtree.
Entrance Hall With airing cupboard and doors to all rooms Living Room 3.5m x 4.5m 16'05'' x 14'03'' Bay window with side sea views, electric heater, carpet flooring, arch to; Kitchen 1.18m x 2.78m Matching range of fitted high gloss base and wall mounted units set beneath roll edge work surfaces, built-in electric oven, inset ceramic hob with extractor hood above, space for washing machine, spaces for under counter fridge freezer, inset stainless steel sink.
Bedroom 2.77m x 5.33m Built-in wardrobe, double glazed window to front aspect, wall mounted electric heater and carpet flooring.
Bathroom 1.46m x 2.38m Vanity unit with inset wash basin, low level WC, paneled bath with mixer shower attachment, wall mounted electric heater, partially tiled walls and vinyl flooring.
Outside Off-road parking to the front, communal gardens to the rear, pedestrian access to the beach.
Location Mundesley is a costal location with favoured sandy beaches which has won the Blue Flag recognition over a number of years.
Mundesley has a host of small shops including, post office, butchers, greengrocers, and general stores and is within a short drive of North Walsham.
North Walsham is a popular market town offering many facilities including schools, college, doctors, dentist, vets, DIY store plus a variety of shops including several major supermarkets.
There is direct access to the bus services and North Walsham railway station. One Railway services are available from North Walsham which provide direct access to the cathedral city of Norwich.
Norwich Station run regular intercity train services to London Liverpool Street with journey times of 1 hour and 40 minutes. Norwich also has an International Airport.
Council Tax North Norfolk District Council. Band 'A'. Services Mains water, electricity and drainage Communal Entrance Hall With grand staircase and lift access.
Tenure Leasehold - 199 year lease from 1998 ( 168 years remaining) Service charges is £2,811.20 per annum and ground rent is £50 per annum
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
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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 Trafalgar Court, 42 Cromer Road, Mundesley, NR11
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