2-bedroom house · NR30 4HU
For saleListed 132 days
Opportunity summary
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About
Sitting on Kitchener Road, Aldreds are delighted to offer this exciting investment opportunity.
The property comprises a ground floor workshop/lock up premises currently let to a meat wholesalers at a rent of £6900 per annum.
The tenant is in the final year of a lease but has just signed a new three year lease commencing 1st May 2027.
Accommodation of the workshop/lock up includes front shop area, office, large lean to with garage door, cool room and cloakroom.
The first floor is a well presented two bedroom first floor flat let on an assured periodic tenancy at a rent of £695pcm.
Workshop/Lock Up Large Lean To (13 x 5.52 (42'7" x 18'1")) Front Shop Area (6.02 x 4.72 (19'9" x 15'5")) Office (2.6 x 1.84 (8'6" x 6'0")) Cool Room (5 x 4.15 (16'4" x 13'7")) Corridor Cloakroom Flat Ground Floor Entrance Hall Stairs to landing Hallway Lounge (5.2 max x 5 max (17'0" max x 16'4" max)) Two double glazed windows to front aspect, radiator Kitchen (4.09 x 2.16 (13'5" x 7'1")) Base & wall units with worktops, window to side aspect, sink with drainer, plumbing for washing machine, electric cooker point, part tiled walls, radiator Bedroom 1 (4.09 x 2.71 (13'5" x 8'10")) Double glazed window to side aspect, radiator Bedroom 2 (4.09 max 1.63 min x 3.14 max 2.18 min (13'5" max 5) Double glazed window to side aspect, radiator Bathroom (2.6 x 1.6 (8'6" x 5'2")) Panel bath, hand basin, low level WC, opaque double glazed window to side aspect, radiator Tenure Freehold Services Mains water, electricity, gas, drainage Council Tax And Rateable Value The Flat has a council tax band of A The Worksop/lock up has a rateable value of £3150 Location Great Yarmouth is the largest resort on the East Norfolk coast with its Historic Market Place and varied selection of shops.
The town has a busy port and the rivers Yare and Bure give access to the Norfolk Broads.
There are Museums * Race Course * Greyhound Stadium * Schools for all ages * District Hospital approximately 5 miles south. Bus and rail services connect with Norwich.
Directions From the Yarmouth office head north along North Quay, at the roundabout turn right into Fullers Hill, at the traffic lights turn left into Northgate Street, at the mini roundabout turn right into Kitchener Road where the property can be found on the right hand side.
Ref Y12748/05/26
Value & comps
No previous sales on record.
Returns
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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 2, Kitchener Road, Great Yarmouth
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