2-bedroom terraced house · NR30 1QE
Listing removedListed 57 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented terrace house in popular north Great Yarmouth location with two bedrooms and bathroom all off landing.
Please view the video viewing first, then please call the office to confirm an appointment to view.
A well presented terrace house in popular north Great Yarmouth location with two bedrooms and bathroom all off landing.
Lounge 11' 1" max x 9' 2" plus bay (3.4m x 2.8m) beige fitted carpet; double glazed bay window and door to front aspect; radiator; door into: Inner lobby area carpeted stairs to first floor; door to: Dining room 11' 1" max x 10' 9" (3.4m x 3.3m) laminate effect vinyl flooring; radiator; double glazed window to rear; understairs storage cupboard; opening through to: Kitchen 11' 1" x 6' 10" (3.4m x 2.1m) grey vinyl tile effect flooring; white wall and base units with drawers and vinyl worksurface over; stainless steel sink with hot and cold mixer tap and drainer; double glazed window to rear; free standing electric oven; fridge with ice box compartment; washing machine (all appliances are left as goodwill); radiator; double glazed door to rear yard.
First floor carpeted landing; loft access. Bedroom 1 11' 1" max x 9' 2" (3.4m x 2.8m) carpet; radiator; double glazed window to front.
Bedroom 2 10' 9" x 6' 10" (3.3m x 2.1m) carpet; radiator; double glazed window to rear; storage cupboard.
Bathroom vinyl flooring; white suite comprising of low level wc; hand wash basin; bath with electric shower over; frosted double glazed window to side; radiator; storage cupboard housing boiler with shelving inside.
Outside To the front of the property is a small enclosed courtyard and to the rear of the property is an enclosed yard with rear access gate onto service passage.
Viewings Strictly by appointment with the letting agents, bycroft lettings, tel: fees Tenant Fees Schedule Holding Deposit (per tenancy) One week's rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year) Five weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent of £50,000 or over per year) Six weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of Contract (Tenant's Request) £50 (inc.
VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant's Request) £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request) Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy. Please ask a member of staff if you have any questions about our fees.
Bycroft Lettings is a member of RICS, which is a client money protection scheme, and also a member of The Property Redress Scheme.
Tenants deposits are safeguarded by the Tenancy Deposit Scheme which is administered by: The Dispute Service Ltd, 1 The Progression Centre, 42 Mark Road, Hemel Hempstead, Herts, HP2 7DW phone: ; email: ; fax:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 124, Palgrave Road, Great Yarmouth
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