Wellesley Road, Great Yarmouth, Norfolk

Licensed Six-Bedroom HMO for Sale — Wellesley Road, Great Yarmouth NR30 2AR

Fully licensed six-bedroom HMO at 109 Wellesley Road, Great Yarmouth, just 0.5km from the seafront, producing immediate rental income. Guide price £120,000 Plus. For sale by auction with Palace Auctions at Claridge's, Mayfair, on 23rd September 2026 at 12 noon (Lot 7).

The Property

This substantial multi-storey townhouse offers six bedrooms across four levels, including a basement, and currently operates as a licensed HMO with a ready-made rental income stream from day one. The accommodation comprises three double bedrooms and three single bedrooms, including a private single bedroom in the basement, giving a flexible layout suited to a range of tenant profiles.

Bathroom provision is well distributed across the building, with a separate kitchen and toilet on the ground and first floors, a family bathroom on the first floor, and a shower room on the second floor — supporting comfortable multi-occupancy living and full compliance with HMO licensing standards.

HMO Licence & Compliance

The property holds a current HMO licence issued by Great Yarmouth Borough Council, confirming it already meets the council's standards for fire safety, room sizes, management, and facility provision. Buyers acquire a validated, compliant, income-producing asset rather than a property requiring licensing from scratch, though independent legal and licensing advice is recommended to confirm ongoing obligations.

The Location

109 Wellesley Road sits approximately 0.5km from Great Yarmouth's sandy seafront, within easy walking distance of Britannia Pier, Wellington Pier, the Sea Life Centre, and the Marina Centre. The town centre and Market Place — one of England's largest outdoor markets — are a five-minute walk away, alongside a growing choice of restaurants and cafés.

Great Yarmouth railway station is around 1km from the property, with direct services to Norwich in approximately 30 minutes and onward connections to London Liverpool Street. The A47 provides fast road access to Norwich and Lowestoft, and multiple bus routes serve the immediate area.

Local Schools

St George's Primary and Nursery School is around 0.4 miles away, Great Yarmouth VA High School is approximately one mile away, and John Grant School in Caister-on-Sea (rated Outstanding by Ofsted) is around two miles from the property — broadening its appeal to family tenants.

Investment Case

The NR30 2 postcode ranks among Norfolk's most affordable areas, with average property prices around £121,000 and entry-level three-bedroom homes starting from £150,000 — underlining the value of this six-bedroom licensed HMO at £120,000 Plus. Demand is supported by energy sector workers, tradespeople, port operatives, and tourism staff, with over £100 million in regeneration funding currently being invested in the town.

Auction Details

For sale by auction with Palace Auctions London, Lot 7, at Claridge's, Brook Street, Mayfair, London, on 23rd September 2026 at 12 noon. A 10% deposit is payable on the fall of the hammer, with a buyer's premium of 2% (inclusive of VAT) plus a £1,000 + VAT administration fee. Completion is typically required within 14–56 days. A full legal pack is available to download, and buyers should instruct their solicitors to review it, alongside independent legal and licensing advice, before bidding.