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Cromer Road, Overstrand, NR27

East of England

£425,000

Listed on 13/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1228 sqft

Description

Set on a sizeable plot in the desirable coastal village of Overstrand, this two-bedroom detached bungalow offers considerable renovation and investment potential for discerning buyers. The property features an entrance hall leading to a spacious lounge, dining room, and a sunroom that provides lovely views of the rear garden. While the existing layout includes practical elements such as a fitted kitchen with utility space, separate WC, two double bedrooms, and a shower room, it also presents numerous opportunities for reconfiguration to create modern open-plan living areas. The attached garage adds convenience, and the generous gardens – both front and rear – afford privacy and plenty of outdoor space for possible extensions or landscaping improvements (subject to planning permissions). With an air-source heat pump already in place for heating and hot water along with double glazing throughout, this property is functional while awaiting your personal touch. Situated close to local amenities and the stunning beach, this home perfectly blends potential with an enviable lifestyle in one of North Norfolk's most sought-after villages.

Investment Analysis

(NR27 area)

Above Market Value

This property is priced +8.8% above area average per sq ft

+8.8%
This Property
£346/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£429,825
10% above area average per sq ft
Potential ROI
-7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NR27)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -9.0%
5 year growth: -0.4%
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

Cromer Road, Overstrand, NR27
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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
£1,606
Based on a loan of £318,750 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

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