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Norwich Road, Cromer, NR27

East of England

£350,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1176 sqft

Description

This two-bedroom detached bungalow offers a valuable opportunity for prospective buyers to tailor the space to their preferences. Conveniently located near the heart of Cromer and just a short distance from the beach, the property features a spacious layout that includes a dual-aspect lounge, kitchen with dining area, and two generous double bedrooms. While it currently requires modernisation, there is significant potential for enhancement and personalisation throughout. The well-proportioned rooms allow for various reconfiguration options to maximize comfort and functionality. Externally, the property boasts a low-maintenance front garden and an enclosed courtyard-style garden at the back, ideal for outdoor relaxation. With ample off-road parking and a garage, this home not only provides convenience but also holds promise as an investment in a highly sought-after seaside location.

Investment Analysis

(NR27 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£298/sq ft
Area Average
£318/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£411,494
10% above area average per sq ft
Potential ROI
+6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NR27)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -8.7%
5 year growth: -1.2%
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

Norwich Road, Cromer, NR27
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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
£1,249
Based on a loan of £262,500 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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