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See how verdicts work2 × 1-bed flat + 2-bed flat · NR30 3QL
For saleReduced £75k (−11.1%) on 13 AugListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Mixed-use seafront investment with established B&B income of circa £30,000 per annum plus three residential flats generating approximately £26,400 per annum, offering strong returns and future potential.
Storage Space with income of £4800pa description The Business The property currently operates as a successful Bed & Breakfast business, generating approximately £30,000 per annum, whilst also benefiting from strong residential rental income.
The accommodation includes two one-bedroom flats and one two-bedroom flat, currently producing approximately £2,200 per calendar month.
This combination of established hospitality income and residential lettings provides a diversified and attractive revenue stream for investors, developers, or owner-operators seeking a substantial mixed-use asset in a prominent coastal location.
The Property This impressive two-storey property occupies a highly visible seafront position and offers extensive accommodation and trading areas.
The ground floor includes a large open-plan bar/lounge with dance floor and stage, together with a separate restaurant area enjoying sea views and seating for approximately 28 covers.
Additional facilities include storage rooms, utility areas, ladies' and gentlemen's WCs, cellarage, patio seating, a substantial courtyard with potential parking provision, and private yard areas with garage storage.
Storage Space with income of £4800pa The residential element comprises: Owner's/Manager's accommodation. Two self-contained one-bedroom flats. One self-contained two-bedroom flat.
The flats are currently let and generate a combined rental income of approximately £26,400 per annum (£2,200 pcm). Location The property enjoys a prominent seafront position in Great Yarmouth 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About The Hive, South Beach Parade, Great Yarmouth
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