2-bedroom flat · NR31 0DY
Listing removedListed 50 days · slow let
Opportunity summary
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About
Aldreds lettings are delighted to offer this superbly presented and deceptively spacious two bedroom, first floor apartment situated close to local shops and within easy reach of the Town center.
The accommodation comprises of a large living room, superb kitchen dining room, one double and one single bedroom with a separate study and nicely fitted family bathroom with shower over the bath, gas central heating, double glazing, allocated off street parking space, Council Tax Band A, unfurnished Entrance: Gated access with steps up to a shared balcony area and door to: Kitchen Dining Room (4.8 x 4.7 (15'8" x 15'5")) Very impressive kitchen dining room with ample storage and work surface.
Appliances include electric hob, oven and cooker hood. Space and plumbing for additional appliances. Dining area, radiator.
Living Room (5.33m x 4.01m) Large living room with big front aspect window, feature fireplace, BT point, radiator. Bedroom 1: (3.99m x 3.75m max) Master bedroom, front aspect window, radiator.
Bedroom 2: (3.40m x 1.83m) Single bedroom, rear aspect window. Radiator. Study (3.46m x 1.65m) A lovely study area with rear aspect window, radiator.
This room would also make an ideal cot sized bedroom for a young child.
Bathroom: Vinyl flooring, chrome heated towel rail, white bathroom suite comprising: Low level WC, wash basin with vanity unit below, panelled bath with electric shower and additional hand held shower fitting.
Parking Allocated parking space to front. Additional Information Rent Rent is exclusive of Council Tax, water rates, sewerage rates. The rent is payable monthly in advance.
Tenancy Assured Periodic Tenancy Terms no smoking additional info All applications for tenancy to be on a form which can be obtained from this office.
A non-refundable holding deposit equivalent to one week's rent will be required. This will be transferred towards the first month’s rent on commencement of the tenancy.
The rent is payable monthly in advance and a Dilapidations deposit equivalent to 5 weeks' rent will also be required when agreements are signed.
The Dilapidations Deposit is returnable after completion of a satisfactory tenancy.
The aforementioned charges would be payable by bankers draft, a cheque drawn on a Building Society account, cash or Debit Card. Not A personal cheque. Council Tax Band Council tax band- A
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
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FAQ
About Flat 2, 73, Southtown Road, Great Yarmouth
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