Howards Hill West, Cromer
WI

Howards Hill West, Cromer

By William H. Brown

£ 280,000

Reviews

3 out of 5 stars

William H. Brown says ..

*** TENANT IN SITU *** This Two Bedroom Detached Bungalow set in the sought after location for Cromer is a perfect investment opportunity for those looking to add to their portfolio or as a starter property for new investors

Property Oracle says ..

This two-bedroom detached bungalow in Howards Hill West, Cromer, is listed at £280,000 and marketed as an investment opportunity due to the current tenant. Cromer’s attractive coastal location and proximity to amenities are significant positives. The property itself presents a mixed picture. While the exterior and garden offer a pleasant first impression, the interior images reveal a need for some modernisation and perhaps even refurbishment. The kitchen and bathroom look particularly dated, and the overall décor could benefit from updating. The garden, while present, shows some areas of overgrowth. The lack of precise square footage data makes a comprehensive evaluation of the price per square foot impossible. Nevertheless, compared to limited local comparable properties available, the list price appears to be in the reasonable range for Cromer, although further research on nearby sales is needed for a definitive assessment. The presence of a tenant introduces the additional factor of rental income, altering the overall investment calculation. A prospective buyer should carefully consider refurbishment costs and weigh these against the potential rental income and overall Cromer property market values.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
395,257.00 £
Increased by 28.08 %
from 308,611.00 £
Est sale value
226,800.00 £
Decreased by 39.78 %
from 376,600.00 £
Average area rental value
847.00 £/mo
Increased by 7.62 %
from 787.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 700.00 £/mo
Est rental Yield
2.57 %
Decreased by 16.01 %
from 3.06 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Argyll HouseOther Independent Special SchoolInadequate1.52 KM
Cromer AcademyAcademy ConverterGood2.29 KM
Cromer Junior SchoolAcademy Converter2.38 KM
Suffield Park Infant And Nursery School, CromerCommunity SchoolGood2.63 KM
Cromer Children'S CentreChildren's Centre2.76 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St Oran's Place# £ 000.00 KM
Chapel Street £ 000.00 KM
The Paddock £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cromer7295CMR0.83 KM
Roughton Road7297RNR2.19 KM
West Runton7329WRN4.45 KM
Sheringham7319SHM8.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Clifton Park, Cromer £ 460,000BUYUnknown0.16 KM
Clifton Park, Cromer, NR27 £ 450,000BUY6 / 100.16 KM
Clifton Park, Cromer, Norfolk, NR27 £ 475,000BUY6 / 100.17 KM
Sandy Lane, Cromer £ 475,000BUYUnknown0.27 KM
Howards Hill, CROMER, Norfolk, NR27 £ 150,000BUYUnknown0.32 KM

Nearby Properties

AddressPriceDistance
69 Clifton Park £ 170,0000.17 KM
80 Clifton Park £ 173,5000.17 KM
61 Clifton Park £ 250,0000.17 KM
17 Clifton Park £ 244,9500.17 KM
48 Clifton Park £ 195,0000.17 KM