4-bedroom property · NR30 2DN
Sold STCListed 276 days
Opportunity summary
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About
Sitting close to the seafront we offer this imposing four storey building split in to four flats.
Three of the flats are currently let and when fully let the building can produce around £24,000 per annum gross. Rear Yard. Double glazing and electric heating. Sitting in a conservation area.
Communal Entrance Hall Landing And Stairs - Basement Flat - Kitchen/Diner - 5.2 x 3.6 (17'0" x 11'9") - Base & wall units with worktops, double glazed window to rear aspect, plumbing for washing machine, electric cooker point Lounge/Bedroom - 3.91 x 3.85 (12'9" x 12'7") - Double glazed window to front aspect, electric heater Store Room - 2.78 x 1 (9'1" x 3'3") - Double glazed window to front aspect Shower Room - 2.3 x 1.24 (7'6" x 4'0") - Shower in cubicle, hand basin, low level WC Ground Floor Flat - Kitchen/Diner - Base & wall units with worktops, double glazed window to rear aspect, electric cooker point, sink with drainer Lounge/Bedroom - 3.91 plus bay x 3.85 (12'9" plus bay x 12'7") - Bay double glazed window to front aspect, electric heater Bathroom - Accessed across communal hall.
Panel bath, hand basin, low level WC, part tiled walls, opaque double glazed window to side aspect.
First Floor Flat - All rooms accessed separately off communal hall Lounge/Bedroom - 5.2 x 3.85 (17'0" x 12'7") - Bay double glazed window to front aspect, double glazed window to front aspect, electric heater Kitchen/Diner - 3.67 x 3.44 (12'0" x 11'3") - Base & wall units with worktops, plumbing for washing machine, sink with drainer, electric cooker point, double glazed window to rear aspect Wc - Low level WC Bathroom - Panel bath, hand basin, opaque double glazed window to side aspect Second Floor Flat - Lounge/Bedroom - 5.2 x 3.85 (17'0" x 12'7") - Bay double glazed window to front aspect, double glazed window to front aspect, electric heater Kitchen - 3.67 max x 3.4 max (12'0" max x 11'1" max) - Base units with worktops, double glazed window to rear aspect, electric cooker point, sink with drainer Shower Room - 1.4 x 1.4 (4'7" x 4'7") - Shower in cubicle, hand basin, low level WC Outside - Forecourt.
Rear communal yard Tenure - Freehold Services - Mains water, electricity, drainage Council Tax - All Flats are A banded Epc - Second Floor Flat has an EPC rating of D 56/72 Rest are pending 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, continue over the first set of traffic lights, at the next set of traffic lights with Sainsbury's turn left into St Nicholas Road, continue over the next set of traffic lights into Euston Road, turn right into Wellesley Road and left in to Paget Road.
Ref Y12607/01/26 -
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
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FAQ
About Paget Road, Great Yarmouth
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