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See how verdicts work2-bedroom flat · NR31 6SB
Sold STCReduced £5k (−3.3%) on 25 OctListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sitting in this popular modern development in this convenient location, Aldreds are pleased to offer this spacious and well presented, modern, two bedroom first floor flat. Allocated parking.
The property has an entrance hall, large lounge/diner/kitchen, two bedrooms both with ensuites and a cloakroom. Gas central heating and double glazing.
Offered with no chain Entrance Hall - Storage cupboard, radiator, communal door intercom Lounge/Diner/Kitchen - 6.86 x 3.52 (22'6" x 11'6") - Two double glazed windows, radiator, range of base & wall units with worktops, wall mounted gas boiler in cupboard, electric hob, electric oven, integrated fridge/freezer, integrated washing machine Master Bedroom - 3.62 x 3.4 (11'10" x 11'1") - Double glazed window, radiator, door to Ensuite - Shower in cubicle, hand basin, low level WC Bedroom 2 - 3.38 x 2.34 plus recess (11'1" x 7'8" plus recess) - Double glazed window, radiator Ensuite - Shower in cubicle, hand basin, low level WC Cloakroom - Low level WC, hand basin Outside - Allocated parking Tenure - Remainder of a 125 year lease from 2019.
Annual service charge currently around £1440 per annum Services - Mains water, electricity, gas, drainage Council Tax - Band A Location - Gorleston on Sea is a coastal town 2 miles from Great Yarmouth centre and has a varied selection of local shops * Golf Course * Modern District hospital * Schools for all ages * Library * Regular bus services to the main shopping areas and a sandy beach.
Directions - From the Gorleston office head straight across the road and towards Morrisons where the property is on the left Ref G18437/01/26 -
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
FAQ
About Dock Tavern Lane, Great Yarmouth
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