£450,000

Block of flats for sale

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Offers in region of

£450,000

(£227.50/sq. ft)

Block of flats for sale

Hamilton Road, Cromer NR27

1,978 sq. ft

Local area information

Property location

Nearby amenities

  • Cromer 0.3 miles
  • Cromer Junior School 0.5 miles
  • Cromer Academy 0.5 miles
  • Roughton Road 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Cromer to find out more about the local area.

Features and description

  • Low vacancy rates in the town
  • Tourist spot
  • Situated in the town centre
Investment opportunity in popular seaside town of Norfolk.

Freehold sale.

Comprises a block of 2x1 and 2x2 bedroom apartments above a retail unit, all let on AST’s. The retail unit has been sold off on a long leasehold at a peppercorn ground rent.

Currently producing an income of £32,040 per annum, with potential to improve rents further.

Potential break up value.

Low vacancy rate area.

Offers in the region of £450,000 (four hundred and fifty thousand pounds) for the freehold interest.

He building is located in the town of Cromer, which is situated on the Nolfolk Coast, approximately 23 miles north of Norwich. Cromer has a population of just over 7,500 people, and is a popular tourist destination.

The property is situtated in the town centre, on Hamilton Road, approximately 0.3 miles from Cromer Train Station. Local amenities for the location are excellent, with various restaurants and shops located nearby, whilst Cromer beach is located approximately 100 metres away.

The residential apartments are located above a retail unit and are accessed via the rear alleyway, which is located off Garden Street. External stairs lead up to the first floor, with an internal staircase leading to all the apartments.

The apartments are in a reasonable state of repair.

The accommodation comprises of 2x1 and 2x2 bedroom apartments.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Norfolk
  4. Cromer
  5. Hamilton Road