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Cromer Road, Mundesley

East of England

£250,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1684 sqft

Description

This substantial terraced townhouse presents a rare opportunity for those looking to invest in a property with genuine renovation potential. Set in the desirable coastal village of Mundesley, mere moments from the beach and local amenities, this spacious home offers flexible accommodation across multiple floors. It features five generously sized bedrooms and two reception rooms, making it suitable for families or those considering multi-generational living. Although the property has been well maintained, there exists significant scope for modernisation that would allow buyers to enhance its value while tailoring the space to their preferences. Character details like bay windows and period fireplaces contribute charm and a sense of history, while private gardens to the front and rear add further appeal, especially in this sought-after locale. Mundesley boasts a charming community atmosphere with various local shops, cafes, pubs, and schools at hand. The sandy beach is just a short walk away, complemented by clifftop views and scenic coastal walks that epitomise seaside living. Located approximately five miles from Cromer, known for its vibrant cultural scene and independent shops, this home balances peaceful village life with easy access to larger towns. Given its layout and character-rich features, this property is perfect as both a family residence or an investment opportunity. With thoughtful renovations throughout, the home can be transformed into a contemporary haven reflective of modern lifestyles while maintaining its unique coastal charm.

Investment Analysis

(NR11 area)

Below Market Value

This property is priced -52.0% below area average per sq ft

-52.0%
Potential saving
This Property
£148/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£572,947
10% above area average per sq ft
Potential ROI
+91.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -1.1%
5 year growth: +9.9%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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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