Overstrand Road, Cromer
HE

Overstrand Road, Cromer

By Henleys

£ 55,000

Reviews

2 out of 5 stars

Henleys says ..

This 2 bedroom holiday chalet located on the highly popular Kings Chalet Park. This would make an ideal holiday let investment or holiday retreat. Accommodation comprises; Open plan lounge/kitchen, 2 bedrooms and bathroom. Externally there are communal gardens and parking. The Kings Chalet Park i...

Property Oracle says ..

This 2-bedroom chalet located in Cromer, Norfolk, on King’s Chalet Park, presents a mixed picture for potential buyers. Its location within a popular holiday park, close to Cromer’s amenities and coastline offers significant appeal for holidaymakers, investors, or those who enjoy a coastal lifestyle. Transport links via the nearby train station in Cromer are available. However, the proximity to schools and other conveniences would need to be assessed by potential families. The property benefits from relatively nearby schooling, with Suffield Park Infant and Nursery School being under 1km away. The Ofsted rating of this school is reported as ‘Good’.

The chalet itself requires modernisation and some updating, as suggested by the images of dated interiors and the bathroom which is in significant need of refurbishment. The absence of a private garden, due to the shared communal areas common in chalet parks, may be a limiting factor for some buyers. Potential purchasers will need to account for the costs of renovation to raise the chalet’s overall aesthetic appeal.

In terms of pricing, the property’s listed price seems to be in line with other comparable chalets in the King’s Chalet Park, reflecting the current market conditions in the area. However, prospective buyers should carefully factor in the refurbishment costs before making a final decision. The cost per square foot of similar properties within this area is unavailable, rendering a comparative assessment based on this measure incomplete.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
315.92

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
343,000.00 £
Increased by 13.67 %
from 301,750.00 £
Est sale value
127,631.68 £
Increased by 36.03 %
from 93,828.24 £
Average area rental value
795.00 £/mo
Decreased by 30.87 %
from 1,150.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 315.92 £/mo
Est rental Yield
2.78 %
Decreased by 39.17 %
from 4.57 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Henleys created the listing.

Nearby Schools

NameTypeOfstedDistance
Cromer Children'S CentreChildren's Centre0.40 KM
Suffield Park Infant And Nursery School, CromerCommunity SchoolGood0.54 KM
Cromer AcademyAcademy ConverterGood0.83 KM
Cromer Junior SchoolAcademy Converter0.83 KM
Overstrand, The Belfry, Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood2.72 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
King's Chalet Park £ 57,00000.00 KM
Grove Road £ 90,00000.00 KM
Oliver Court £ 000.00 KM
White House Estate £ 000.00 KM
Mayfield Drive £ 330,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Roughton Road7297RNR1.48 KM
Cromer7295CMR2.17 KM
West Runton7329WRN7.42 KM
Gunton7299GNT7.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Overstrand Road, Cromer £ 55,000BUY5 / 100.00 KM
Overstrand Road, Cromer £ 59,000BUY5 / 100.01 KM
Overstrand Road, Cromer £ 72,500BUY6 / 100.02 KM
Ellenhill, Cromer, NR27 £ 300,000BUY6 / 100.12 KM
Kings Chalet Park, Overstrand Road, NR27 £ 80,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
86 Overstrand Road £ 188,5000.13 KM
124 Overstrand Road £ 285,0000.13 KM
100 Overstrand Road £ 250,0000.13 KM
126 Overstrand Road £ 355,0000.13 KM
82 Overstrand Road £ 175,0000.13 KM