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See how verdicts work2-bedroom flat · NR30 1JB
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are pleased to offer this ground floor apartment in a converted building very close to the town centre and local amenities.
The property would make an ideal investment property and offers accommodation comprising of a common entrance leading to the flat with an entrance lobby, large living room/kitchen, two bedrooms and shower room.
The property also benefits from double glazed windows, gas central heating and newly fitted carpets and floor coverings. OFFERED CHAIN FREE.
Common Entrance Hall - Entrance door with security entry phone in to: Entrance Lobby - Storage space, entry phone, open access to: Open Plan Kitchen/Living Room - 15' 3'' x 14' 0'' (4.64m x 4.27m) - Plus double glazed bay window to the front aspect, two radiators, wood effect laminate flooring, tv point, fitted wood grain finish wall and matching base units with work surface over, space and plumbing for a washing machine, single drainer sink unit, built in electric oven and four ring ceramic hob, part tiled walls, wall mounted gas combi boiler, door to: Inner Hall - Radiator, doors leading off to: Bedroom 1 - 10' 0'' maximum x 9' 1'' (3.04m maximum x 2.78m) - Radiator, double glazed window to side aspect.
Bedroom 2 - 7' 8'' x 7' 7'' (2.33m x 2.32m) - Plus storage recess, double glazed window to side aspect, radiator.
Shower Room - Tiled shower cubicle with mains fed shower, pedestal wash basin, low level wc, radiator, additional chrome towel rail/radiator, extractor fan.
Tenure - Leasehold 125 years from 31 January 2007 2022 Maintenance charge £1173.67 2022 Annual reserve fund £666.67 Ground rent £100 per annum Landlords insurance average including admin fee £483.00 p.a.
Services - Mains water, electric, gas and drainage.
Council Tax - Great Yarmouth Borough Council - Band 'A' 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 where Quayside Apartments can be found on the right hand side opposite Haven bridge House Epc Rating - F (22) - Ref: Y11729/04/23/Cf -
Value & comps
No previous sales on record.
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 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
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