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Cromer Road, Mundesley

East of England

£270,000

Listed on 06/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
882 sqft

Description

Located in the charming seaside village of Mundesley, this two/three bedroom detached bungalow presents an excellent opportunity for renovation and personalization. The property sits on a generous plot, complete with a driveway, garage, and ample garden space—ideal for those looking to enhance their outdoor living area. Inside, the flexible layout boasts a sitting room, kitchen, shower room, and a dining room that can easily serve as a third bedroom. With a recently replaced roof providing peace of mind regarding structural integrity, there is considerable potential to modernize this home to align with contemporary tastes. Offered with no onward chain, this property is ripe for transformation in a sought-after coastal location. The surrounding neighborhood is well-equipped with local amenities including shops, cafés, and recreational facilities. The picturesque sandy beach and community events further enrich the village lifestyle. Mundesley's accessibility to nearby Cromer and Norwich makes it suitable for both year-round residents and those seeking a seasonal retreat near the coast. Overall, this bungalow is poised for significant enhancement while being part of a welcoming community environment.

Investment Analysis

(NR11 area)

Below Market Value

This property is priced -0.7% below area average per sq ft

-0.7%
Potential saving
This Property
£306/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£299,064
10% above area average per sq ft
Potential ROI
-3.5%
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
6%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.0%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on NR11 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

Cromer Road, Mundesley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-10.0% since listed
£270,000£10,000(-3.6%)
30/05/2026
Current price
£280,000£10,000(-3.4%)
10/04/2026
£290,000£10,000(-3.3%)
19/03/2026
£300,000Initial listing
07/03/2026

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