£525,000
5 bed property for saleVicarage Road, Cromer NR27
5 beds
5 baths
5 receptions
About this property
A substantial five-apartment residential building
Fully tenanted investment
Within walking distance of local shops and restaurants
Stunning building
A well-presented building comprising five self-contained apartments
Walking distance to shops, restaurants & beach
Close to town centre
Close to schools
Acoustic Insulation to upper floors
A fantastic opportunity to acquire the freehold and five beautifully maintained apartments close to the centre of Cromer on Vicarage Road.
The building has been well maintained by the current owners & the flats are fully tenanted, with tenants carefully selected by the vendors. Following recent rent reviews, the property is understood to provide an almost 7% yield based on the current guide price.
The accommodation extends to a total of 2,799 sq ft across the 5 flats. Each flat is self-contained, with a mix of 1 bedroom layouts arranged across the ground, first & second floors. The building includes a communal entrance hallway, stairs to all floors, an entrance phone system, safety lighting & security lighting.
The property also has some architectural interest, with the building understood to be by George Skipper, known for the Royal Arcade in Norwich & Hotel de Paris in Cromer. Its position is convenient for Cromer town centre, local shops, cafés, restaurants, schools, transport links & the seafront.
Flat 1 is on the ground floor & includes a living room, kitchen, bedroom, bathroom & access to a private paved courtyard. Flat 2 is arranged across ground & first-floor levels, with a living room, bedroom, bathroom, separate WC, kitchen/dining area, sunroom, access to a private courtyard & access to a cellar. Flat 3 is on the first floor & includes a living room, kitchen, bedroom & bathroom. Flat 4 is on the second floor, with a living room with sea views, kitchen, bedroom & bathroom. Flat 5 is also on the second floor & includes an open-plan living room/kitchen, bedroom & bathroom.
Outside, there is a small front garden with a path to the main entrance. To the rear, there is a communal courtyard with a rotary washing line, communal shed, bin area & security lighting. Flat 2 also has rear access via steps & a slope.
Cromer
Cromer is one of North Norfolk’s best-known coastal towns, popular with residents for its combination of seaside character, everyday convenience and strong sense of community.
The town offers a wide range of amenities, including supermarkets, independent shops, cafés, restaurants, schools and healthcare facilities, along with direct rail links to Norwich. Its mix of practical day-to-day services and coastal surroundings makes Cromer a popular choice for families, retirees and those relocating to the area full time.
Cromer is well known for its traditional pier, wide beaches and strong connection to the sea, while the surrounding coastline and countryside provide easy access to walking routes and outdoor activities throughout the year.
Despite its popularity with visitors, Cromer remains a working and well-supported town year round, with a busy local community and regular events helping maintain activity outside of the holiday season. The town also benefits from a good mix of character properties, period homes and more modern developments across both the town centre and surrounding residential areas.
For those looking for a well-connected coastal town with a strong community feel and access to everything needed for day-to-day living, Cromer continues to be one of North Norfolk’s most sought-after places to live.
EPC rating
Five flats all rated ‘C’
Services connected
Mains water, drainage, gas and electricity.
Agent’s Note
All flats are equipped with washing machines.
All boilers have been replaced in recent years.
Security phones have been installed throughout.
Following recent rent reviews, the property would provide an almost 7% yield based on the current guide price of £525,000.
The property is fully tenanted.
Important Note
We have recently moved to a new crm system. While we aim to ensure all property details are accurate, some information may not yet have been fully verified following the changeover. If you would like clarification on any important points, including flood risk, rights of way, restrictions or similar matters, please speak with our team. We appreciate your understanding whilst this transition is completed.
Cromer
Cromer is an extremely popular seaside town on the North Norfolk coast which became a resort in the early 19th century with some of the rich Norwich banking families making the town their family destination. Facilities include the late Victorian pier, the home to the Pavilion Theatre, a rich variety of both independent and chain retailers to include supermarkets, art gallery, craft shops, cinema and pubs alongside restaurants and fast food outlets. There is also schooling to 16 years of age within the town. Nearby National Trust properties include Felbrigg and Blicking Halls, Sheringham Park, whilst further afield the stately homes of Holkham, Houghton and Sandringham are within easy travelling distance. Bus and rail links provide excellent transport links to the city of Norwich some 23 miles, with Norwich railway station on the east side of the city providing a rail link to London Liverpool Street in under two hours.
Overview
A fantastic opportunity to acquire the freehold and five beautifully maintained apartments close to the centre of Cromer. The current vendors have lovingly cared for the flats and building but are now looking to retire. Designed by renowned architect George Skipper, known for Norwich’s Royal Arcade and Cromer’s much-loved Hotel de Paris, the building seamlessly combines traditional character with modern living. Vicarage Road offers a substantial block totalling approximately 2,799 sq ft across five apartments. Ideally located close to Cromer town centre, the property provides easy access to local shops, restaurants and the stunning beach. Offering excellent versatility for residents or investors, this rare coastal property presents an exciting opportunity in the heart of Cromer.
Communal Hallway
Communal entrance door, entrance hall, carpeted stairs rising to all floors. Cupboard under ground floor stairs currently used as the Landlords cupboard to house cleaning materials. Entrance phone system, plus safety and security lighting.
Flat 1 (Ground Floor)
Flat 1 opens into a carpeted hallway with access to the living room, kitchen, bedroom and bathroom. The living room features a double-glazed front bay window, attractive coving, traditional picture rail, carpet and two radiators. The kitchen has wall and base units, space for an under-counter fridge and washing machine, laminate worktop with sink/drainer and mixer tap, electric hob and integrated oven, plus tiled splashback and tile-effect vinyl flooring. A double-glazed patio door leads to a private paved courtyard. The bathroom includes a bath with electric shower and grab rail, pedestal basin, shaver point, dual-flush WC, radiator, combi boiler and trickle ventilation, with quarry-tiled flooring and neutral wall tiles to the wet area. The carpeted bedroom has a large double-glazed courtyard-facing window and extensive built-in wardrobes/storage incorporating a dressing table.
Flat 2 (First Floor & Ground Floor)
Flat 2 comprises a carpeted hallway with access to the living room, bedroom, WC and bathroom, with positive ventilation. The bathroom has a bath with electric shower, screen and grab rail, vanity, corner basin, obscured window, shaver socket, humidistat ventilation and heated towel/radiator. The separate WC has an obscured window, tiled walls, tile-effect vinyl flooring and radiator. The bedroom has secondary glazing, carpet and radiator. The living room has three large windows, carpet, two radiators and stairs to the kitchen/dining area. The kitchen has rear window, wall/base units, washing machine space, electric hob, integrated oven, combi boiler and ventilation. The kitchen/dining area has quarry-tiled flooring, splashback and courtyard views. The dining room has carpet, window and radiator. A conservatory provides access to the private courtyard and rear communal area, offering a second rear entrance. All ground-floor windows are double glazed.
Cellar
The cellar has access from Flat 2 but is not used currently. The cellar has undergone extensive works including a positive ventilation system. The walls are exposed brick with a brick paved flooring.
Flat 3 (First Floor)
Flat 3 is accessed from the first floor and opens into a carpeted hallway with doors to the living room, bathroom and kitchen. The living room has a large double-glazed front bay window, carpet, TV/phone points and access to the bedroom. It features restored traditional coving, a large ceiling rose and positive ventilation. The bedroom is a single/small double with double-glazed sash window to the front, security entry phone, gas-fired radiator and carpet. The kitchen has a rear double-glazed sash window, wall and base units with marble-effect worktops, stainless-steel sink, washing machine, fridge space, electric hob and oven, combi boiler, tiled splashbacks, tile-effect vinyl flooring and extractor fan. The bathroom includes a bath with electric shower, shower curtain, pedestal basin, dual-flush WC, shaver point, radiator, tiled splashbacks, tile-effect vinyl flooring and humidistat ventilation.
Flat 4 (Second Floor)
Flat 4 opens into the carpeted hallway with doors leading to the living room, bedroom, bathroom and kitchen. Ducting linked to positive ventilation system. The living room has a secondary glazed window to the front aspect with sea views, carpeted floor and wall mounted radiator. Bedroom has a window to the front aspect, carpeted floor, built-in wardrobe/storage and chest of drawers and wall mounted radiator. The kitchen has a double glazed sash window to the rear aspect, range of base and wall units set beneath marble effect laminate worksurfaces, inset stainless sink and drainer unit with mixer tap over, washing machine, space for under counter fridge, inset electric hob with built in electric oven below, wall mounted gas fired combi boiler, tiled splashbacks, vinyl flooring, extractor fan. Bathroom includes bath with electric shower, shower screen, wash hand basin, close coupled WC, shaver point, humidistat fan, radiator, tiled splashbacks and tile effect vinyl flooring.
Flat 5 (Second Floor)
The access to Flat 5 is on the second floor and opens into a carpeted hallway equipped with ducting linked to a positive ventilation system, and with doors to Living Room/Kitchen, Bedroom and Bathroom. An open plan living room/kitchen area is at the end of the hallway with the living room having a double glazed bay window to the rear aspect and a window to the side aspect and has carpeted floor. The kitchen has base and wall units, space for an under counter fridge, washing machine and a freestanding cooker. The kitchen has tiled splashbacks, tile effect vinyl flooring and an original fireplace (not in use). There is a window to the side aspect and a half height wall separating the kitchen and living areas. Bedroom with secondary glazed window to the side aspect, wall mounted radiator, carpeted flooring. Bathroom includes bath with electric shower over, shower screen, pedestal wash hand basin, WC, shaver point, wall mounted radiator, tiled splashbacks, tiled effect vinyl flooring.
Outside
To the front of the property is a small garden with path leading to the front entrance door. To the rear of the property is a communal courtyard area with rotary washing line, communal shed and bins with security lighting. The rear of the property also has access to Flat 2 via steps and slope.
Agents Notes:
All flats are equipped with washing machines, with all boilers replaced in recent years. Security phones have been installed throughout. With recent rent reviews, this property would provide an almost 7% yield (based on current price of £525,000). A fantastic opportunity for an investor to purchase a property and hit the ground running with five, fully tenanted and beautifully maintained flats.
Disclaimer
These particulars are provided as a guide only and do not form part of any offer or contract. Henleys and its representatives have no authority to make or give representations or warranties. All descriptions, measurements, photographs and plans are for guidance only and should not be relied upon as statements of fact. Buyers should satisfy themselves as to the accuracy of the information through inspection or professional advice. Services, appliances and equipment have not been tested and no warranty can be given as to their condition. Planning permissions, building regulations and other consents should be verified by the buyer’s legal adviser. Leasehold buyers should confirm ground rent, service charges and lease details with their legal adviser.
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More information
Tenure
Freehold
Council tax band
Council tax band not yet known
Ground rent
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