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Harbord Road, Overstrand, Cromer - Image 1
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Harbord Road, Overstrand, Cromer

East of England

£575,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1740 sqft

Description

Nestled in a quiet road, this spacious three-bedroom bungalow offers an excellent opportunity for renovation and investment. Just a short stroll from the village center of Overstrand, known for its historical charm and proximity to the north coast of Norfolk, this property is surrounded by mature gardens and sits on a substantial plot. The entrance features wrought iron gates that lead to a driveway and landscaped front garden, which is adorned with established shrubs and flower beds. The property itself consists of three bedrooms, multiple reception areas, and a garage equipped with an electric roller door. With the potential for modern updates, it could transform into an inviting family home. Inside, the layout includes a welcoming hallway that connects to the lounge, dining room, kitchen, and bathroom. The lounge is accentuated by a triple-glazed bay window that invites natural light and features sliding patio doors leading to the side. A fireplace adds character to this space while providing warmth during colder months. The dining room flows seamlessly into a conservatory with full-height double-glazed windows that offer views of the rear garden—a perfect spot for relaxation or entertaining. The kitchen provides ample storage with built-in cabinets and includes essential appliances like an electric oven and gas hob. All three bedrooms are well-sized; two feature fitted sinks and wardrobes for convenience. The third bedroom includes plumbing for laundry facilities, making it versatile enough to serve various needs. The main bathroom offers functional fittings along with additional separate WC facilities. A staircase in the hallway leads to a loft room boasting vaulted ceilings and potential for conversion into extra living space or guest quarters—subject to planning permissions. Outside, the generous rear garden is beautifully cultivated with vibrant flower beds, mature trees, and even a greenhouse. This outdoor area not only provides pleasant scenery but also offers an opportunity for landscaping or gardening enthusiasts. With its blend of location advantages in Overstrand—a village rich in history—and ample potential for renovations or enhancements, this bungalow stands as an intriguing investment opportunity ready for new owners to make their mark. Mains electricity and water services are connected; drainage is via septic tank.

Investment Analysis

(NR27 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£330/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£607,982
10% above area average per sq ft
Potential ROI
-4.3%
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

Harbord Road, Overstrand, Cromer
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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
£2,074
Based on a loan of £431,250 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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