Flat 16, Craigside, St Marys Road, Cromer, NR27 9DJ

UPRN:10034810229Purpose Built Flat2 bedsBuilt 1983-1990

LeaseholdCouncil Tax: -EPC: C (79)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 4mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021

Flat 16, Craigside, St Marys Road, Cromer, NR27 9DJ

HP Score

/ 100

Strong

Verdict

today

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed

Evidence

20 of 21 sources

Sale Estimate

£142,000

£135k - £149kHigh

Estimate

£142k

Range

£135k – £149k

Rent Estimate (pcm)

£750

£700 - £800

Monthly

£750

Yield

6.43%

Verdict

Derived from HomePortfolio scores

Flat 16 earns an INVESTIGATE rating with HP Score 78/100. Investment score 72/100 reflects strong fundamentals. Crime intensity is low. Walkability is good (80/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

78/ 100

Strong

Investment Score

72/ 100

High

Crime Score

23/ 100

Moderate

Walkability

80/ 100

High

Transit & Bike

Transit 2Bike 49

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Low confidence1 independent sourceLead to verifyListing checked 6 Nov 2026

This rests largely on a single source. Treat the score as a prompt to investigate, not a conclusion.

Check before relying on this score: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge2.5/15
claims [AVM +1.4% (HIGH), sold-comps +6.7%, £/sqft +6.5%] → measured edge +0.50pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (HIGH confidence) · snapshot 9 Oct 2026
- valuation_snapshotsestimate for 10034810229· as of 9 Oct 2026
- property_comparablessold-evidence family (implied value + £/sqft): 6 comps, dispersion 12.6%· as of 3 Nov 2026
Rental economics10.7/40
gross yield 6.4%; range width penalty ×0.93
- valuation_snapshotsrent estimate 750/mo (range 700-800)· as of 9 Oct 2026· verify before relying on this
Stress margin0/30
stressed cash flow -178/mo, -24% of rent (6.75% on a 75% loan; disclosed service charge and ground rent); fails the stress - earns nothing; leasehold with no service charge disclosed - the stress assumes GBP 0
- listing_factsservice charge / ground rent from the advert· as of 6 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 0 price cut(s), 340 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 6 Nov 2026
Risk & liquidity14.7/15
161 sales/12mo in area; valuation range width 10%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivity

£105,000£161,000

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£140,000

At the asking price

Monthly rent£750/mo

Evidenced range £700-£800

Interest rate5.4%

Loan to value75%

Cash required: £43,600
Net cash flow: £47/mo
Cash on cash: 1.3%
Score at this price: 28

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.59 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 10034810229Valuation edge · as of 9 Oct 2026
property_comparablessold-evidence family (implied value + £/sqft): 6 comps, dispersion 12.6%Valuation edge · as of 3 Nov 2026
valuation_snapshotsrent estimate 750/mo (range 700-800)Rental economics · as of 9 Oct 2026 · verify before relying on this
listing_factsservice charge / ground rent from the advertStress margin · as of 6 Nov 2026 · verify before relying on this
portal_listingsprice_changes + first_published_dateSeller motivation · as of 6 Nov 2026

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Rental economics needs verification before you rely on it
rent estimate 750/mo (range 700-800)
Stress margin needs verification before you rely on it
service charge / ground rent from the advert

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
3. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£142,000

Rent Estimate (pcm)£750

Gross Yield6.43%

1y Growth-

3y Growth-3.6%

5y Growth-0.5%

10y Growth+3.5%

Last Sold Price£102,000 (2013-08-02)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceLow
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

1NR27 9DJ

Approval Rate

100%12mo

Development

low

RV/26/2183
Variation of conditions 1 (approved plans), 2, 3, 6, 11, 15, 16, 17 and 18, and removal of conditions 5, 14 and 20 of planning permission ref: RV/23/1131 (Variation of condition 1 of planning permission ref. RV/21/2628 [variation of condition 1 (plans) of planning permission PF/19/1073 (variation of condition 1 (plans) of planning permission PO/18/1779 to allow changes to garaging & parking, with underground parking changing the design of the Day Room, a small rear extension to Larkwood Apartments for services & balconies added at first floor level to Larchwood Court and Oakwood House),to allow addition of a single storey side extension to unit 4 of Oakwood House, and the addition of 2 no. replacement parking spaces (in lieu of double garage)] to allow for changes to elevation and roof design of Maplewood House, Woodland House and Rosewood House and to include basement parking; new dayroom position and removal of Laurel House
Pending
TW/26/2172
Mature Sycamore in front of 17 St Martins Close on land between footpath and School boundary. Remove two lower branches to retain shape and enhance view from house.
Pending
ADV/26/2139
Display of externally illuminated advertisements
Pending

View Planning Timeline

Ownership

Corporate Ownership71.7%
Overseas OwnershipNo
Lease Term Remaining88 yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2013-08-02
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

17 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£28,421

Population Density-

Owner Occupied49%

Age Distribution

0-15 9%16-64 52%65+ 39%

View Area Profile

Schools Nearby

Cromer Academy
0.4 mi
Good
Cromer Junior School
0.5 mi
Good
Suffield Park Infant and Nursery School, Cromer
0.6 mi
Area grades2024
Inspected after Ofsted withdrew the single overall grade.
Overstrand, the Belfry, Church of England Voluntary Aided Primary School
1.7 mi
Good

0 of 10 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

29 St Marys Road
-
£170k
-
13 St Marys Road
-
£1.25M
-
23 St Marys Road
-
£183k
-
25 St Marys Road
-
£325k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN