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See how verdicts work1-bedroom flat · NR30 2EE
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A blank canvas. A regeneration story. An opportunity to create value. Could this be your next property project?
Offered at an attractive guide price, this one-bedroom upper flat at Cobbs Place, Great Yarmouth, presents an exciting opportunity for investors, developers and buyers looking for an affordable property with scope to add value.
Situated close to Great Yarmouth's town centre and seafront, this first-floor apartment offers approximately 431 sq ft of potential and the chance to transform a property in need of modernisation into something truly special.
Let's be clear: This is not a turnkey investment.
The flat requires refurbishment throughout, making it an ideal blank canvas for a buyer with vision, a considered renovation plan and an eye for opportunity.
And with regeneration investment taking place across Great Yarmouth, there is plenty to put this location on an investor's radar. Why should investors take notice? 1.
An accessible entry price With a guide price of £40,000, this property offers an opportunity to explore the Great Yarmouth property market at a relatively low purchase price, before factoring in refurbishment, purchase costs and ongoing expenses.
2.
Scope to add value The apartment needs modernisation throughout, giving the successful buyer the opportunity to plan the refurbishment, select the finishes and create a contemporary one-bedroom home to suit their intended market.
3.
A location with regeneration ambitions Great Yarmouth town centre and the surrounding quayside are benefiting from regeneration initiatives, including the North Quay Levelling Up Fund scheme and refurbishment investment at Britannia Pier.
These developments form part of the wider story of investment and renewal in the town. 4.
Close to the seafront and town centre The location offers access to the town's coastal setting, central amenities, shops, cafés and everyday services.
Its position near the seafront and town centre may appeal to future occupiers seeking convenience and access to the attractions of Great Yarmouth. 5.
An evolving local employment story Great Yarmouth's growing role in the offshore wind sector is an additional feature of the area's economic development.
Investment and employment opportunities can contribute to local housing demand, although future rental demand and returns should always be assessed independently.
See the vision, not just the renovation To help prospective buyers appreciate the possibilities, the listing includes ai-generated visualisations showing how the apartment could look following modernisation.
These images are intended to inspire ideas and demonstrate potential presentation styles.
They are illustrative only and do not represent the property's current condition, completed works or a guaranteed finished result.
The opportunity is to take the existing apartment, develop a realistic refurbishment budget and create a finished property that reflects your own investment strategy.
Your opportunity to take a closer look open day | Saturday 17th October | 10.30AM–12.00PM Guide Price: £40,000 Booking is essential.
This is an opportunity to view the property, assess the work required and decide whether Cobbs Place could be the next addition to your property portfolio.
If you have been looking for an affordable refurbishment project in a coastal town with regeneration ambitions, this is one to put on your viewing list.
Opportunities to buy at this level deserve a closer look. Book your viewing today and discover the potential for yourself. Please note: The property requires full modernisation.
Any rental figures, resale values and investment returns are indicative only and are not guaranteed.
Buyers should carry out their own due diligence regarding condition, refurbishment costs, rental demand, achievable values and all associated purchase and holding costs.
Ai-generated images are illustrative visualisations only
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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FAQ
About 30, Cobbs Place, Great Yarmouth
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