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Flats at 17 Marine Parade, Great Yarmouth, NR31

Guide Price
Added on 18/08/2021
Auction House, Covering East Anglia
Block of Apartments

Key features

  • High quality residential investment
  • Currently producing £52,020 pa
  • 8 self contained flats and a 2 bedroom annex
  • Prime residential location overlooking sea front
  • Guide price: £525,000 - £575,000
  • For sale by livestream auction
  • Unless previously sold or withdrawn prior
  • 11:00am, Wednesday 8th September 2021

Property description

Tenure: Please confirm if this is a freehold or leasehold property with Auction House


A highly productive residential investment in prime sea front location currently producing a gross income of £52,020 from 9 apartments

This imposing detached house has been split into 7 self contained one bedroom flats, a two bedroom flat and a 2 bedroom ground floor annex. The tenants are well established and are all on assured shorthold tenancies.

Marine Parade is a highly sought after location looking out towards the sea approximately a mile from the town centre and convenient for the James Paget Hospital.

Potential may exist to further extend or replace the property subject to obtaining appropriate planning permission

Ground Floor

Flat 1 1 bed rent £460pcm
Flat 2 2 bed rent £530pcm
Annex 2 bed rent £630pcm

First Floor

Flat 3 1 bed rent £440pcm
Flat 4 1 bed rent £470pcm
Flat 5 1 bed rent £475pcm
Flat 6 1 bed rent £470pcm

Second Floor

Flat 7 1 bed rent £470pcm
Flat 8 1 bed rent £390pcm


The heating is supplied by a gas central heating system which is paid for by the landlord, as is the water and drainage cost. Electricity is paid by the landlord via a meter card system and claimed back from the tenants.


EPC Rating: D & E

Additional Fees
Buyer's Premium: £600.00
Administration Charge: £1,905.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Flats at 17 Marine Parade, Great Yarmouth, NR31

Approximate location


Distances are straight line measurements from the centre of the postcode
  • Great Yarmouth Station3.1 miles
  • Berney Arms Station4.4 miles
  • Somerleyton Station5.1 miles
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About the agent

Auction House, Covering East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE

Why Use Auction House East Anglia?

    Market position

    Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.

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    Auction House East Anglia is part of the Auctio

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    Disclaimer - Property reference ah_eastanglia_1444708_37726. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Covering East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering East Anglia on 01603 950107.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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