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White Lodge, 2 Cromer Road, Sheringham, Norfolk NR26 8RP - Image 1
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White Lodge, 2 Cromer Road, Sheringham, Norfolk NR26 8RP

East of England

£340,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
6
Type
Detached

Description

This substantial three-storey property, currently configured as four self-contained flats, presents a remarkable opportunity for renovation and investment. The building, located on Cromer Road in the sought-after North Norfolk coastal town of Sheringham, requires significant updating and repairs, making it ideal for investors and developers looking to enhance value. Once renovated, the property could yield strong rental returns in an area with consistent demand or be transformed back into a single dwelling for resale profit. The ground floor features a flat with two bedrooms and utility space, while the upper floors offer additional accommodation across varying layouts. Notably, there is off-road parking at the front and access to a good-sized rear garden along with a workshop that could be incorporated into the living space. With completion set for eight weeks or sooner, this property offers flexibility for those ready to take on a project. Sheringham boasts an array of local amenities including shops, cafés, and rail links to Norwich and Cromer.

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Investment analysis

(NR26 area)
Area Average
£331/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR26)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -7.5%
5 year growth: +0.5%
Investment Disclaimer: Analysis based on NR26 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

White Lodge, 2 Cromer Road, Sheringham, Norfolk NR26 8RP
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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
£1,284
Based on a loan of £255,000 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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