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Cromer Road, Mundesley, NORWICH - Image 1
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Cromer Road, Mundesley, NORWICH - Image 5

Cromer Road, Mundesley, NORWICH

East of England

£60,000
Listed on 22/04/2026

Property Details

Bedrooms
1
Type
Maisonette

Description

This ground floor one-bedroom maisonette presents a significant opportunity for renovation and investment in the charming coastal village of Mundesley. Though it requires a comprehensive updating and decorating throughout, the property offers its own entrance and essential living spaces including a hallway, lounge, kitchen, bedroom, and bathroom. The communal gardens and parking add to its appeal. With proximity to sandy beaches and local amenities, this maisonette could serve as an attractive holiday home or long-term rental investment. Positioned within an area recognized for its natural beauty and leisure activities, including a historic golf course nearby, this property is ripe for transformation.

Investment Analysis

(NR11 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +7.5%
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, NORWICH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£213
Based on a loan of £45,000 over 30 years at 3.91% 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

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