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See how verdicts work7-bedroom flat · NR30 2HB
Listing removedListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive and well-presented block of six self-contained flats situated on Apsley Road.
The property offers a strong investment opportunity with excellent income potential and flexible letting options.
The accommodation comprises: 2 x Studio Flats 2 x 1-Bedroom Flats 1 x Large 1-Bedroom Flat 1 x 2-Bedroom Flat Internally, the property has been modernised throughout, with bright and stylish living spaces, contemporary kitchens, and updated bathrooms (see photos).
A rear courtyard provides additional outdoor space. Currently, 3 of the 6 units are let on regular company AST agreements, while the remaining 3 are vacant, offering scope for immediate rental uplift.
With a potential gross income of £52,800 per annum and a yield of approximately 15%, this is a high-performing investment opportunity.
The property is suitable for both long-term residential lets and serviced accommodation, giving investors maximum flexibility in strategy.
Communal Entrance Hall Composite entrance door, stairs to first floor, locked under stairs storage cupboard, door to Flat 1, door to rear hallway.
Rear hallway has a plant room containing Ideal Logic Plus gas boiler, upvc door to outside courtyard space with outside tap.
Covered Communal Laundry/Utility/Garage Storage cupboards and wall units, washing machines, sink. Outside wc.
Ground Floor Flat 1 Hall 5'1" x 3'6" (1.55m x 1.09m) Doors off to Flat 1 Living Room 16'4" x 16'0" (5.00m x 4.88m) Upvc double glazed bay window to front, built in TV and data points, feature fireplace with decorative tiled surround.
Flat 1 Kitchen 10'9" x 6'11" (3.30m x 2.11m) Fitted with a range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, upvc double glazed window to rear.
Flat 1 Bedroom 15'3" x 11'1" (4.65m x 3.38m) Built-in cupboard (access to stopcock), upvc double glazed door to rear giving access to courtyard garden.
Flat 1 Bathroom 8'7" x 4'9" (2.64m x 1.45m) White suite comprising of low level w.c., vanity hand wash basin with mixer tap and storage cupboards, panelled bath with wall mounted shower unit, tiled splashbacks, tiled flooring, upvc double glazed window to side, shaver light, extractor fan.
First Floor Landing Access to Flat 3, fire door through to further first floor landing with radiator and stairs to second floor with locked under stairs storage cupboard, access to Flat 4.
Flat 3 Bedroom/Sitting Room 11'8" x 8'5" (3.56m x 2.59m) Upvc double glazed window to rear, built in TV and data points, door to Flat 3 Kitchen/Diner 9'1" x 8'0" (2.79m x 2.44m) Range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, dining area, upvc double glazed window to rear.
Flat 3 Shower Room 9'1" x 6'2" (2.79m x 1.88m) White suite comprising of low level w.c., vanity wash hand basin with mixer tap and storage cupboards, corner quadrant shower cubicle with aquaboard wall coverings, sliding shower screen doors and wall mounted shower unit, shaver light, extractor fan.
Flat 4 Kitchen/Diner 12'7" x 7'8" (3.84m x 2.34m) Range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, dining area, upvc double glazed window to front, door to Flat 4 Bedroom/Sitting Room 12'4" x 7'8" (3.76m x 2.36m) Upvc double glazed window to front, built in TV and data points, door to Flat 4 Shower Room 12'4" x 5'10" (3.76m x 1.80m) White suite comprising of low level w.c., vanity wash hand basin with mixer tap and storage cupboards, corner quadrant shower cubicle with aquaboard wall coverings, sliding shower screen doors and wall mounted shower unit, upvc double glazed window to front, built-in storage cupboard, shaver light, extractor fan.
Second Floor Landing Access to Flats 5 and 6.
Flat 5 Bedroom 8'2" x 9'6" (2.51m x 2.90m) Upvc double glazed window to rear, door to Flat 5 Lounge 10'9" x 7'1" (3.28m x 2.18m) Upvc double glazed window to rear, built in TV and data points, door to Flat 5 Kitchen Range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, dining area, upvc double glazed window to rear, door to Flat 5 Shower Room 5'1" x 6'5" (1.57m x 1.98m) White suite comprising of low level w.c., vanity wash hand basin with mixer tap and storage cupboards, corner quadrant shower cubicle with aquaboard wall coverings, sliding shower screen doors and wall mounted shower unit, heated towel rail radiator, extractor fan.
Flat 6 Bedroom 12'7" x 7'6" (3.84m x 2.31m) Upvc double glazed window to front, door to Flat 6 Lounge 12'4" x 7'1" (3.78m x 2.18m) Upvc double glazed window to front, built-in TV and data points, door to shower room and door to Flat 6 Kitchen/Diner 12'7" x 6'2" (3.84m x 1.88m) Range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, dining area, upvc double glazed window to front.
Flat 6 Shower Room 7'6" x 3'10" (2.29m x 1.19m) White suite comprising of low level w.c., vanity wash hand basin with mixer tap and storage cupboards, corner quadrant shower cubicle with aquaboard wall coverings, sliding shower screen doors and wall mounted shower unit, shaver light, extractor fan, heated towel rail radiator.
Flat 2 Entrance Hall Accessed from the rear courtyard, stairs to first floor landing and doors off to Flat 2 Living Room 16'2" x 9'1" (4.93m x 2.79m) Upvc double glazed door to rear, built in TV and data points, Flat 2 Kitchen 7'10" x 4'2" (2.41m x 1.27m) Range of wall and base units with roll edge worksurfaces over, inset electric hob with cooker hood over, built in electric oven, stainless steel sink and drainer with mixer tap, space for fridge/freezer, upvc double glazed window to side, door to rear.
Flat 2 Bathroom 8'9" x 6'7" (2.69m x 2.01m) White suite comprising of low level w.c., vanity hand wash basin with mixer tap and storage cupboards, panelled bath with wall mounted shower unit, tiled splashbacks, heated towel rail radiator, tiled flooring, upvc double glazed window to side, extractor fan.
Flat 2 First Floor Landing Doors off to Flat 2 Bedroom 1 12'6" x 8'2" (3.81m x 2.51m) Upvc double glazed window to side.
Flat 2 Bedroom 2 10'0" x 9'3" (3.07m x 2.82m) Upvc double glazed window to rear.
Disclaimer Howards Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Howards Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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 Apsley Road, Great Yarmouth
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