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Guide Price: £130,000 - £140,000. Tenants in situ and generating an immediate income, this coastal apartment presents a ready-made investment opportunity in the heart of Cromer.
Positioned within an attractive period building just moments from Cromer's renowned seafront, this well-presented second-floor apartment offers an excellent buy-to-let opportunity with current tenants in situ. The property currently achieves £700 PCM (£8,400 per annum), producing an attractive gross yield of approximately 6.2%. Featuring a spacious bay-fronted sitting room with sea glimpses, a generous double bedroom, modern kitchen and allocated parking space, it is well suited to the rental market. Located within easy walking distance of the beach, pier, town centre and railway station, the apartment benefits from strong tenant appeal and excellent convenience. Combining character, location and established rental potential, this represents a compelling addition to any investment portfolio.
Location
Situated on Cabbell Road, just a short walk from the heart of Cromer, this location enjoys an excellent position close to both the town centre and the seafront. Cromer is a popular North Norfolk coastal town, renowned for its Victorian pier, Blue Flag beach, independent shops, cafés, restaurants, and traditional seaside charm. A range of everyday amenities, including supermarkets, healthcare facilities, and well regarded schools, are all within easy reach, while Cromer railway station provides regular services to Norwich and connections across the wider region.
Residents can enjoy scenic coastal walks along the Norfolk Coast Path, as well as nearby open spaces and the town's picturesque clifftops. The surrounding North Norfolk coastline offers an abundance of charming villages, nature reserves, and sandy beaches to explore, making this a superb location for those seeking a balance of coastal living and everyday convenience.
Cabbell Road, Cromer
The accommodation is entered via a secure communal entrance with an intercom entry system, leading to a welcoming hallway with useful built in storage. The spacious bay fronted sitting room is filled with natural light and enjoys attractive sea glimpses, creating a comfortable living space with plenty of room for both seating and dining furniture. The separate fitted kitchen offers a range of wall and base units, generous worktop space and room for appliances, making it a practical area for day to day living.
The double bedroom is well proportioned and provides ample space for bedroom furniture while maintaining a bright and airy feel. Completing the accommodation is a modern bathroom fitted with a three piece suite, finished in neutral tones to suit a variety of styles. The flat also has an allocated parking space.
Situated in a highly sought after coastal location, the apartment is perfectly placed to enjoy everything Cromer has to offer. Combining character, convenience and a superb seaside setting, this apartment presents an excellent rental opportunity for those looking to enjoy life on the North Norfolk coast.
Agent’s Note
This property will be sold leasehold with 60 years remaining on the lease.
Ground rent: £140 paid annually/tbc.
Some images used in this listing have been digitally staged to illustrate potential furnishing and layout options. We recommend arranging a viewing to assess the space and features in person.
Please note that this property is currently available to investors only and is being offered with tenants in situ.
Disclaimer
Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
