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See how verdicts workHouse · NR31 8EG
For saleListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sitting on the corner of Plane Road and Beccles Road, we offer this interesting piece of land.
The land attracts maintenance for the up keep of pathways from the six houses and one of the garages totalling around £1260. The owner has invested significantly in securing the plot with fencing.
There is potential for future development, subject to the necessary consents; while a previous planning application in 2023 was not approved, this does not preclude alternative proposals being explored.
We understand that gas and electric run through part of the site and water and sewage is adjacent, however, buyers would need to make their own enquires regarding cost and availability of connection.
Planning Details of the planning application and refusal can be viewed on Great Yarmouth Borough Council's Planning Portal under reference: 06/23/0119/F.
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
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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.
Area
Agent & docs
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FAQ
About Land, Plane Road, Gorleston on Sea
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