Nelson Road Central, Great Yarmouth, Norfolk
Size
161
Tenure
Freehold
EPC
Ask agent
Parking
1
- Primary use
- Residential development
- Other use(s)
- Residential development
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Natural light
- Parking
- Transport links
- Well connected
Key features
- Fully licensed five-bedroom HMO at 111 Nelson Road, Great Yarmouth, close to the Golden Mile seafront.
- Guide price £80,000 Plus, with a projected gross rental yield of 30.2% — well above local averages.
- Three double bedrooms and two single bedrooms, including a private basement room for added privacy.
- Separate kitchen, first floor toilet and family bathroom, second floor shower room, and private rear garden.
- Licensed HMO (ref: HMO/LN/0246) under Great Yarmouth Borough Council's mandatory scheme, easing licence renewal.
- Walking distance to Great Yarmouth town centre, with Aldi, Asda, Lidl, Sainsbury's and Tesco Extra all nearby.
- Close to the Marina Leisure Centre, local golf courses, a racecourse, and the greyhound stadium.
- Around one mile from Great Yarmouth railway station, with direct trains to Norwich and onward to London.
- Within two miles of several well-regarded schools, including the Ofsted Outstanding John Grant School.
- For sale by auction with Palace Auctions, Lot 8, Claridge's Mayfair, 12 noon, Wednesday 23rd September 2026.
Description
Fully licensed five-bedroom HMO at 111 Nelson Road, Great Yarmouth, close to the Golden Mile seafront, with a projected gross yield of 30.2%. Guide price £80,000 Plus. For sale by auction with Palace Auctions at Claridge's, Mayfair, on 23rd September 2026 at 12 noon (Lot 8).
The Property
This substantial Victorian terraced property offers three double bedrooms and two single bedrooms, including a basement single room for added privacy. Communal facilities include a separate kitchen with generous storage and workspace, a first floor toilet and family bathroom, a second floor shower room, and a private rear garden — a valuable outdoor amenity for tenants.
HMO Licence
The property is a fully licensed HMO under Great Yarmouth Borough Council's mandatory scheme (Licence reference: HMO/LN/0246), confirming compliance with fire safety, room size, amenity, and management standards. The established compliance history should streamline licence renewal for the successful purchaser.
The Location
111 Nelson Road sits within easy walking distance of the Golden Mile seafront and Great Yarmouth town centre, with Londis on Nelson Road Central and major supermarkets including Aldi, Asda, Lidl, Sainsbury's, Tesco Extra, and Iceland all within a mile. Market Gates Shopping Centre, plus a wide choice of restaurants, cafés, and entertainment along Regent Road and Marine Parade, are all close by.
Leisure & Transport
The Marina Leisure Centre on Marine Parade offers a swimming pool, gym, and fitness classes, with Caldecott and Caister golf courses, a racecourse, and a greyhound stadium also nearby. Great Yarmouth railway station is around one mile away with direct trains to Norwich and onward connections to London, while the A12 and A47 provide fast road access to Norwich, Ipswich, and the Norfolk Broads.
Local Schools
Within two miles are St Nicholas Priory CofE VA Primary School (Ofsted Good), North Denes Primary School, and Great Yarmouth Primary Academy (Ofsted Good), alongside Great Yarmouth Charter Academy, Novaturient School, and the Outstanding-rated John Grant School in Caister-on-Sea.
Investment Case
Average NR30 2 house prices sit around £1,480 per sq m, with terraced properties averaging £145,697. Five-bedroom HMO rents in the area typically range from £953 to £1,570 per month, delivering gross yields of 5.6%–7.9% — but 111 Nelson Road's projected gross rental income of £24,120 per annum equates to an exceptional 30.2% gross yield at guide price, well ahead of the local benchmark.
Auction Details
For sale by auction with Palace Auctions London, Lot 8, at Claridge's, Brook Street, Mayfair, London, on 23rd September 2026 at 12 noon, with live and online bidding available. Prospective buyers should review the HMO licence and compliance documentation, undertake independent due diligence on licence transfer requirements, and seek independent legal advice before bidding. Early viewing is recommended.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- C3, C4
- Listed building
- No
- Floors in building
- 3
- Planning permission
- None
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Nelson Road Central, Great Yarmouth, Norfolk
About Palace Auctions (London) LTD, London
Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.
Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.
Contact our Mayfair office for a confidential discussion about your property needs.
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