Guide price
£90,000
1 bed flat for saleNew Parade, Cromer, Norfolk NR27
1 bed
1 bath
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
Abbotts - Cromer Sales
.png)
About this property
Key Features:
Central Location
Second Floor Flat
uPVC Double Glazing
Close to Town & Beach
Ideal Investment Opportunity
One Bedroom
Chain Free
Full Description:
Tenure: Leasehold
Nestled in the heart of Cromer, often referred to as the "Gem of the Norfolk Coast, " this charming town offers a blend of local conveniences, including excellent bus and rail links, a vibrant shopping scene, and an award-winning beach. The famous Cromer Pier with its Pavilion Theatre is also within easy reach, making it a sought-after location.
This well-positioned second-floor flat sits above a parade of shops, just a short walk from the beach and North Lodge Park, offering the perfect mix of convenience and coastal living.
Accommodation Overview:
Communal Entrance Hall: Stairs leading to upper floors.
Entrance Hall: Includes airing cupboard and meter cupboard.
Lounge (13'6" x 10'4"): Two uPVC sash windows with a view, electric fire with a chimney breast, wall lights, TV and telephone points, and an open entry into the kitchen.
Kitchen (9'8" x 5'2"): Features a front-facing uPVC sash window, white units including base cupboards and drawers, wall cupboards, a stainless steel sink, built-in oven and hob with an extractor fan.
Bedroom (16'6" x 9'4" max): Rear-facing uPVC sash window, electric panel heater, and wall light.
Bathroom: White three-piece suite, including a panelled bath with a shower over, pedestal hand basin, low-level WC, and electric fan heater.
Additional Information:
Services: Mains water, electricity, and drainage.
Local Authority: North Norfolk District Council, Holt Road, Cromer, NR27 9EN.
Council Tax Band: A
EPC Rating: To be confirmed (Full Energy Performance Certificate available on request).
Tenure: Leasehold.
The flat is held on the remainder of a 99-year lease, which started in 1988.
Current ground rent: £100 per annum.
Service charge (including building insurance): Approx. £1,800 per annum
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Zoopla insights
Sign in and gain expert analysis to make informed decisions
More information
Tenure
Leasehold (61 years)
Service charge
£1,800 per year
Council tax band
A
Ground rent
£100
Ground rent date of next review