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Fearns Close, Cromer NR27

East of England

£575,000

Listed on 16/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
1798 sqft

Description

Nestled in a tranquil cul-de-sac in the desirable coastal town of Cromer, this expansive five-bedroom detached chalet bungalow presents an excellent opportunity for renovation and investment. The property boasts generous living spaces and mature gardens, providing a solid foundation to reimagine this home into a remarkable family residence along the captivating North Norfolk coast. With ample private parking available, the welcoming entrance sets a tone of privacy and comfort. Inside, the well-proportioned layout includes five versatile bedrooms, ideal for families needing extra space or for those requiring distinct work-from-home areas. A contemporary kitchen paired with a cozy breakfast room featuring a wood burner offers potential for modernization or expansion to create an open-plan entertaining area that flows into the spacious lounge/diner with bi-fold doors leading to the outdoors. The large garden is an inviting canvas for landscaping enhancements or even extensions (subject to planning permissions) without sacrificing outdoor enjoyment. Upstairs, additional bedrooms and storage options provide flexibility for guests or hobbies. Located conveniently near schools, local amenities, and picturesque beaches, this property combines coastal charm with significant renovation potential in a sought-after location. Cromer itself is known for its friendly community atmosphere and various leisure activities, from sandy beaches to vibrant dining experiences. For those seeking a lifestyle that balances seaside tranquility with modern conveniences, this home offers substantial prospects for investment in renovations that can elevate its value while embracing the beauty of coastal living.

Investment Analysis

(NR27 area)

Above Market Value

This property is priced +0.5% above area average per sq ft

+0.5%
This Property
£320/sq ft
Area Average
£318/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£629,138
10% above area average per sq ft
Potential ROI
-5.4%
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

Fearns Close, 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
£2,051
Based on a loan of £431,250 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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