Wellington Road, Great Yarmouth

GUIDE PRICE £90,000-£100,000. Currently tenanted and generating a rental income of £10,480 per year, this three-storey property in Great Yarmouth presents an excellent investment opportunity. Located just a short walk from the beach, the home offers a practical layout across three floors, including two bedrooms and a family bathroom. The ground floor features a bright living room and a functional kitchen with ample storage and modern appliances. Recent upgrades include newly fitted solar panels and a heat pump installed in 2024, enhancing energy efficiency and reducing running costs. With a long leasehold tenure of over 800 years, the property provides security and peace of mind for investors. This turnkey investment is ideally suited for those seeking steady rental income in a popular coastal location.

The Location

Great Yarmouth is a vibrant coastal town known for its beautiful sandy beaches, bustling seafront, and rich maritime heritage. Situated on the east coast of Norfolk, it offers a mix of traditional seaside charm and modern amenities, making it a popular destination for both residents and tourists.

The town benefits from excellent transport links, including rail connections to Norwich and beyond, as well as easy access to the A47 and A12 road networks.

Local amenities such as shops, schools, restaurants, and leisure facilities are all within easy reach, while the scenic promenade and beach provide the perfect setting for outdoor activities and family days out.

With ongoing regeneration projects and a strong rental market driven by tourism and local employment, Great Yarmouth continues to be a desirable location for property investment.

Wellington Road, Great Yarmouth

Situated in the heart of Great Yarmouth and just a short stroll from the beach, this charming three-storey property offers an outstanding investment opportunity. Currently tenanted, the home is generating a reliable rental income of £10,480 per year, making it an attractive choice for investors looking for a well-located, income-producing asset.

The property spans three floors, providing a practical and flexible layout. On the ground floor, you are welcomed by a bright and inviting living room featuring wooden flooring and a window overlooking the front of the property. The adjacent kitchen offers a generous amount of storage with a range of wall and base units, along with flooring and a rear-facing window create a comfortable and functional space for daily cooking and dining.

Upstairs on the first floor, you will find a second bedroom that benefits from natural light and wooden flooring, complemented by a family bathroom. The bathroom is thoughtfully designed with partially tiled walls, a bath, wash hand basin, and WC, offering all the essentials for a family home.

The top floor is dedicated to the master bedroom, a spacious and airy room that provides a setting at the end of the day.

In addition to the property’s excellent location and layout, recent upgrades significantly enhance its value. Newly fitted solar panels and a heat pump installed in 2024 improve the property’s energy efficiency, reducing running costs and making it more sustainable, a major advantage for tenants and landlords alike.

This leasehold property benefits from a long lease of over 800 years, providing security and peace of mind for the future. With tenants currently in situ, the property presents a ready-made investment opportunity for those seeking a hassle-free purchase with immediate rental income.

Agents Note

Sold Leasehold

Connected to air source heat pump, mains water, electricity and drainage.

817 years remain on the leasehold

The vendor has said there are no ground rent or maintenance charges to the property.

Disclaimer

Minors and Brady, along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.