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Cliff Drive, Cromer, NR27

East of England

£530,000
Listed on 16/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1435 sqft

Description

Nestled on the prestigious Cliff Drive in Cromer, this four-bedroom detached chalet bungalow offers a unique opportunity for savvy investors or those looking to create their dream home. With its enviable location just a short walk from the beach and town centre, this property sits on approximately a quarter-acre plot (subject to measured survey) and presents significant potential for renovation or extension (pending necessary permissions). The ground floor layout includes an inviting entrance hall leading to two spacious bedrooms, a large lounge, a separate dining room, a shower room, a conservatory, and a kitchen with an adjoining pantry. Upstairs there are two more bedrooms along with a bathroom and handy eaves storage. Outside, the expansive gardens provide ample space for landscaping or additional developments, complemented by a garage and driveway that accommodates up to two vehicles. This property is ideal for anyone looking to put their mark on a well-located home with great future possibilities.

Investment Analysis

(NR27 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£369/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£501,411
10% above area average per sq ft
Potential ROI
-19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (NR27)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +5.9%
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

Cliff Drive, Cromer, NR27
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,912
Based on a loan of £397,500 over 30 years at 4.06% 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.

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