St. Peters Road, Great Yarmouth

Offering total annual rental income: £22,520 approx, this investors-only opportunity comprises a well-maintained mid-terraced building in the popular and well-connected area of Great Yarmouth, NR30. The property is configured into three self-contained one-bedroom flats, each with a practical open-plan living, dining and kitchen layout. Two flats have been fully renovated with new kitchens, while another benefits from a new bathroom, ensuring strong tenant appeal. All units are fitted with essential white goods, including fridge freezers, washing machines and tumble dryers. Recent upgrades include new windows and a new front door installed in 2024, improving energy efficiency and security. The property is fully tenanted, providing immediate rental income with no void period. Situated close to local amenities and transport links, this is a high-quality investment opportunity in a strong rental location.

The Location

This home is located in the popular town of Great Yarmouth, the UK's third most desired seaside destination, also adjoining to the highly sought-after Norfolk Broads. The town benefits from a wide range of local amenities and great leisure facilities including schooling, supermarkets, shopping centre, pubs, restaurants, bars, cinema, swimming pool and theme parks. The town has its own train and stations with fantastic transport links into the Cathedral City of Norwich (approx. 30 min drive). The area has been enhanced in recent years by a steady programme of road improvements which have provided a vastly improved road link to London, the industrial centres of the Midlands and the North. A new deep-water outer harbour is now in operation.

St. Peters Road

We are pleased to present an excellent investment-only opportunity in the popular and well-connected area of Great Yarmouth, NR30. This well-maintained mid-terraced building has been thoughtfully configured into three self-contained flats, offering an attractive income-generating asset for discerning investors.

Each flat is designed to a consistent and practical layout, comprising one bedroom, a shower room, landing space, and a bright open-plan living, dining, and kitchen area. The interiors are spacious and well-proportioned, providing comfortable and modern accommodation.

The building has been carefully upgraded and maintained. Two of the three flats have been fully renovated, including new kitchens installed in two units, while one flat benefits from a completely new bathroom. All properties are equipped with fridge freezers, washing machines, and tumble dryers.

Further enhancing the investment appeal, the property has had all windows and the front door replaced in 2024, improving energy efficiency, security, and overall presentation. The remaining flat is also well cared for, maintaining a good standard throughout.

The property is fully tenanted and sold with tenants in situ, providing an immediate and reliable income stream with no void period.

Current Rental Income:

76 St Peters Road: £700 pcm

76a St Peters Road: £110 per week

76b St Peters Road: £700 pcm

Total annual rental income: £22,520

It is worth noting that 76B is occupied by a long-standing tenant and has not benefited from any recent rent increases, offering clear potential for future rental growth.

There is scope to review the rent in line with the other two flats, at around £700 per calendar month, subject to market conditions.

The property achieves an attractive gross yield of approximately 9.38%, making it a strong addition to any buy-to-let portfolio.

This is a rare opportunity for investors only to acquire a well-maintained building with multiple income streams in a strong rental location. Early viewing is highly recommended to fully appreciate the quality and potential of this superb investment property.

Agents Note

Minors & Brady understand this to be a freehold property with established connections to mains services.

Council Tax band: A

Disclaimer

Minors and Brady (M&B) 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 don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract. To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check. It’s recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.