Block of apartments for sale

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Block of apartments for sale

New Street, Cromer, Norfolk, NR27
£1,800,000

Our Summary

  • With room for further development or repositioning of the apartments, storage cuboards and large communal hallways
  • The Basement currrently has planning permission for 2 more apartments, with part underground windows and access from both the sea front and New Street
  • For Further development the building next door Cliff Brow is also for sale

Description

This historic building, previously known as The Melbourne Hotel, has been converted into a block of 12 apartments in Central Cromer, a popular Victorian town on the North Norfolk Coast. The apartments are located within walking distance of the town center, with several car parks and bus links to Norwich City Center and the nearby town of Holt. The apartments have a mix of gas central heating and electric heating, double glazing, and separate water meters. The property is currently let on fixed or rolling contracts, achieving good monthly rents, and there is potential for further development or repositioning of the apartments. The basement has planning permission for two more apartments, and the ground floor consists of two one-bed apartments and one studio apartment, with access to the basement and storage cupboards. The first and second floors have a mix of studio, one, and two-bed apartments, some of which have been recently refurbished to a modern standard. For further information or to arrange a viewing, please contact LRPM.
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