Worst House on the Street Logo
Mill Road, Cromer - Image 1
Mill Road, Cromer - Image 2
Mill Road, Cromer - Image 3
Mill Road, Cromer - Image 4
Mill Road, Cromer - Image 5

Mill Road, Cromer

East of England

£405,000
Listed on 30/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1334 sqft

Description

This detached character home, set in a desirable residential area near the Hospital and local schools, presents a significant opportunity for renovation. While the property currently requires updating, it boasts two reception rooms and four spacious bedrooms, making it ideal for a family looking to invest in their dream home. The existing gas central heating system adds a functional element to the property. Located within a short distance to the Town Centre with its diverse range of shops, restaurants, and excellent transport links to Norwich city centre, this home combines potential with convenience. The layout includes a welcoming entrance hall leading to dual-aspect lounge featuring an open fireplace, a separate dining room with an unused feature fireplace, and a kitchen equipped with essential appliances and ample storage. Upstairs, all four bedrooms offer natural light through UPVC double glazed windows and traditional features such as picture rails. The bathroom and W.C. could benefit from modernisation, providing further scope to enhance the home's appeal. Generously sized front and rear gardens add outdoor space that can be transformed into an inviting retreat while the driveway offers parking for multiple vehicles along with access to a detached timber garage.

Investment Analysis

(NR27 area)

Below Market Value

This property is priced -5.2% below area average per sq ft

-5.2%
Potential saving
This Property
£304/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£469,715
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR27)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 2.6%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on NR27 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mill Road, Cromer
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,484
Based on a loan of £303,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE