Mundesley Road, Overstrand, Cromer, Norfolk, NR27
AB

Mundesley Road, Overstrand, Cromer, Norfolk, NR27

By Abbotts

£ 375,000

Reviews

3 out of 5 stars

Abbotts says ..

Nestled in the charming Overstrand village on the stunning North Norfolk coast, this property is just 1.5 miles east of the popular resort town of Cromer, easily accessible via a regular bus service. The village offers a variety of amenities, including local shops, a post office, a welcoming pub,...

Property Oracle says ..

The property is a 2-bedroom bungalow located in Overstrand, Cromer, Norfolk. The asking price is £375,000. The property has a plot size of 1,196 sqft and a total area of 852.70 sqft. The average house price in the area is £442,500, with an average price per sqft of £435. Considering the property’s size and the average price per sqft in the area, the list price of £375,000 appears slightly below average. However, further analysis is needed to determine if this is a good value. Based on the provided images, the property seems to be in generally good condition. The kitchen appears recently updated, while other areas, such as the bedrooms and hallways, show their age and could benefit from some modernization. The bathroom also looks dated. The exterior of the property is well-maintained with a garden and paved driveway. The property benefits from a good location close to several well-rated primary schools (all rated ‘Good’ by Ofsted). The proximity to the coast and the town of Cromer are also positive aspects. Transportation links, while not immediately adjacent, are within reasonable driving distance. The property has a good-sized garden, offering additional space and privacy. The presence of a conservatory and a shed are additional features. Taking all factors into account, the property presents a reasonable value proposition. While some internal updating may be required, the location, land size, and relatively low price compared to the area average make it an attractive option for buyers. The need for some modernization should be considered when making an offer.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
852.70
Lot (est)
1,196.00

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
686,107.00 £
Decreased by 13.94 %
from 797,268.00 £
Est sale value
298,445.00 £
Decreased by 55.13 %
from 665,106.00 £
Average area rental value
2,042.00 £/mo
Decreased by 7.18 %
from 2,200.00 £/mo
Est letting value
852.70 £/mo
Decreased by 50.00 %
from 1,705.40 £/mo
Est rental Yield
3.57 %
Increased by 7.85 %
from 3.31 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Overstrand, The Belfry, Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.69 KM
Northrepps Primary SchoolCommunity SchoolGood1.37 KM
Sidestrand Hall SchoolFoundation Special SchoolGood2.04 KM
Cromer Children'S CentreChildren's Centre3.65 KM
Suffield Park Infant And Nursery School, CromerCommunity SchoolGood3.80 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Storey's Loke £ 000.00 KM
School Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Roughton Road7297RNR4.56 KM
Cromer7295CMR5.56 KM
Gunton7299GNT5.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mundesley Road, Overstrand, Cromer, Norfolk, NR27 £ 375,000BUY7 / 100.00 KM
Lutyens Drive, Overstrand, NR27 £ 595,000BUYUnknown0.12 KM
Harbord Road, Overstrand, Cromer £ 650,000BUY6 / 100.14 KM
Lutyens Drive, Overstrand, NR27 £ 550,000BUYUnknown0.16 KM
Harbord Road, Overstrand, Cromer £ 650,000BUYUnknown0.20 KM

Nearby Properties

AddressPriceDistance
11a Mundesley Road £ 495,0000.00 KM
Copt Heath £ 325,0000.00 KM
19 Mundesley Road £ 293,0000.00 KM
16 Harbord Road £ 463,0000.17 KM
2b Harbord Road £ 2,5000.17 KM