Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £54,000 Welcome to this charming ground floor apartment located on Queens Road in the heart of Great Yarmouth.
This Victorian property, built in 1900, offers a perfect blend of historical charm and modern convenience.
As you step into the property, you are greeted by a cosy reception room that is perfect for relaxing or entertaining guests.
The apartment boasts one bedroom, providing a comfortable and private space for you to unwind after a long day.
With a reasonable amount of living space, this apartment offers a compact yet functional layout that is easy to maintain.
The proximity to Great Yarmouth's famous seafront means you can enjoy leisurely strolls along the beach and take in the views whenever you please.
This property is a fantastic opportunity for those looking to own a piece of history in a prime location. And the best part? It comes with no chain, making the buying process smooth and hassle-free.
Don't miss out on the chance to make this delightful apartment your own - contact us today to arrange a viewing and start envisioning your life in this wonderful seaside retreat on Queens Road.
Description A great opportunity to own this flat to live in or an investment. Ground floor, offering communal hall, private entrance, one bedroom, sitting/dining room and bathroom.
Location is close to the seafront and local amenities. Communal Halll Communal door leading through flat entrance. Hall Spotlights, wood style flooring, opening to the kitchen and door to the bedroom.
Sitting/Kitcchen (3.35m x 4.57m (11'0 x 15'0)) Double glazed bay window to the front, wood style flooring, wall mounted electric heaters, range of base and wall mounted units, sink unit, space for fridge and washing machine, integrated hob, oven and extractor fan over..
Slash backs and spotlights to ceiling. Bedroom (2.31m x 3.76m (7'7 x 12'4)) Double glazed window, electric heater, cupboard and airing cupboard and door to the bathroom.
Bathroom Panel bath with screen and wall mounted shower, wc and wash hand basin, tiled walls, spotlights and extractor fan. Agents Note Leasehold, 999 year lease from 1990.
Approx service charge £423 p.a and ground rent is £75.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Queens Road, Great Yarmouth
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