Cabbell Road, Cromer

Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: Minors & Brady - Estate Agents - Hoveton Phone: 01603 963593

<p>Guide Price £100,000 - £110,000 Wake up to sea views and the sound of the coast from this charming top-floor apartment, perfectly positioned just moments from Cromer's iconic beach and pier. Being sold with excellent tenants in situ currently paying £550 PCM, the property presents an attractive investment opportunity with a gross yield of approximately 6.6% at the guide price. Enjoying an elevated position in the heart of town, the apartment offers bright and well-presented accommodation with attractive views towards the sea. The layout includes a comfortable open-plan living space, a separate kitchen, a double bedroom and a bathroom. With shops, cafés, restaurants and everyday amenities all within easy walking distance, the location is as convenient as it is desirable. Combining income from day one with an enviable coastal setting, this is a fantastic opportunity to acquire a tenanted property in one of North Norfolk's most sought-after seaside towns.</p><p><strong>The Location</strong></p><p>Cromer is one of North Norfolk's most beloved coastal towns, combining traditional seaside charm with a vibrant community and an enviable position overlooking the North Sea. Set dramatically atop the cliffs of the county's spectacular coastline, the town enjoys far-reaching sea views, a rich maritime heritage and a relaxed atmosphere that continues to attract residents and visitors alike throughout the year.</p><p>At the heart of the town stands the iconic Cromer Pier, one of the UK's most recognisable seaside landmarks. Extending proudly into the North Sea, it remains home to one of the country's last remaining end-of-pier variety shows, a treasured tradition that reflects the town's enduring character and appeal. Below, the expansive sandy beach stretches along the coastline and is particularly impressive at low tide, offering an ideal setting for coastal walks, swimming, family days out and enjoying Norfolk's renowned sea air.</p><p>The town centre is full of charm, with an attractive mix of Victorian and Edwardian architecture lining its streets. A diverse selection of independent boutiques, cafés, delicatessens, traditional pubs and highly regarded restaurants creates a thriving local scene, while everyday amenities including supermarkets, healthcare facilities, schools and transport links ensure practical convenience for residents.</p><p>Beyond the town itself, Cromer sits within an area of exceptional natural beauty, surrounded by some of Norfolk's most picturesque countryside and coastline. The Norfolk Coast National Landscape provides endless opportunities for walking, cycling and wildlife watching, with scenic coastal paths connecting neighbouring villages, beaches and nature reserves. Despite its tranquil setting, Cromer remains well connected. Rail services provide direct links to Norwich, while the wider road network allows easy access to the county's market towns, the Norfolk Broads and additional coastal destinations.</p><p><strong>Cabell Road, Cromer</strong></p><p>Perfectly positioned in the heart of Cromer, this top-floor apartment enjoys an enviable coastal setting just moments from the town's renowned beach, promenade and iconic pier.</p><p>Offering attractive sea views and a light-filled interior, the property presents an excellent opportunity for investors seeking a foothold within one of North Norfolk's most desirable seaside locations. Being sold with tenants currently in situ and generating £550 PCM, the apartment provides an immediate income stream and an attractive investment opportunity.</p><p>Accessed via a communal entrance, the apartment occupies a top-floor position that maximises both privacy and outlook. Upon entering, a welcoming hallway provides access to all principal rooms.</p><p>The main living space is bright and inviting, with windows drawing in an abundance of natural light while framing delightful views towards the coastline. Arranged in an open-plan style, the room comfortably accommodates both living and dining furniture, creating a sociable and versatile environment for everyday life.</p><p>An archway leads through to the adjoining kitchen, which is fitted with a range of storage units and work surfaces, together with space for essential appliances.</p><p>The bedroom is a generously proportioned double room enjoying a pleasant outlook and useful built-in storage. The accommodation is complemented by a bathroom fitted with a bath and shower over, providing practical and comfortable facilities.</p><p>The property is currently let at £550 PCM, equating to a gross yield of approximately 6.6% at the asking price. The current rental figure is considered to be below prevailing market levels for comparable properties in the area, presenting potential for an increased rental return in the future, subject to all necessary agreements, regulations and tenancy arrangements. As such, prospective purchasers may have the opportunity to achieve a stronger yield over time.</p><p>With its sought-after location, coastal outlook and established tenancy, this apartment offers a compelling investment opportunity in the heart of Cromer.</p><p><strong>Agent’s Note</strong></p><p>This property will be sold leasehold with 163 years remaining on the lease.</p><p>The property is being sold with tenants in situ and is therefore likely to be of interest to investment purchasers. Prospective buyers are advised to make their own enquiries regarding the tenancy agreement, rental income, notice requirements and any associated obligations prior to proceeding. Further information is available upon request.</p><p> <b>Disclaimer</b> </p> <p>Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.</p>