Chain-free two-bedroom maisonette across two levels
A two-bedroom maisonette in central Cromer offered chain-free and for sale by modern auction, presenting clear upside for buyers prepared to refurbish. The property sits across two levels with a bright living room, separate kitchen, two bedrooms and a family bathroom — an average-sized home with scope to modernise and add value. Broadband is fast and mobile signal is excellent, useful for home working or holiday-let marketing.
Important practical points: the flat needs full renovation and has solid brick walls (likely no cavity insulation), so expect upgrade costs for thermal efficiency and modern systems. There are only 64 years remaining on the lease; some mortgage lenders may refuse finance and lease-extension costs could be significant. The area records above-average crime and is classed as very deprived, though local schools are rated Good and town amenities are close by.
Buyers should note auction terms: a Buyer Information Pack fee and a non-refundable Reservation Fee (4.5% of purchase price, minimum £6,600) apply and completion is required within 56 days. Share of freehold and very cheap council tax are positives for longer-term running costs. Suitable for a first-time buyer with renovation funds, a hands-on investor, or a renovator seeking value, provided lease and financing risks are understood and priced in.
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