Summary - 2, ST. NICHOLAS ROAD, GREAT YARMOUTH NR30 1NL
2 bed 1 bath Terraced
Auction opportunity in a busy seaside town, suited to a hands-on investor.
Central location close to market place and local amenities
A vacant two-bedroom mid-terrace in the heart of Great Yarmouth, offered for sale by livestream auction with a guide price of £60,000 to £70,000. The property sits close to the market place and local amenities in a busy seaside resort, making it suitable for a lettings investor prepared to refurbish.
The house has Victorian proportions with small rooms, UPVC glazing and central heating noted in promotional material, but records also reference electric storage heaters. The accommodation currently comprises two reception rooms, kitchen, utility/cloakroom on the ground floor and two bedrooms with a shower room off the first-floor landing. The property is vacant and has been run as a rental in the past.
Significant refurbishment and repair are required: expect works to modernise rooms, address cracking/dated exterior finishes and upgrade services where necessary. The area is classified as very deprived with very high crime and constrained renters, so factor in management costs and tenant sourcing. Potential rental income is quoted at around £800 pcm, and the property is Freehold with Council Tax Band A and an EPC rating of C.
Important sale conditions include auction sale on 10th December 2025, buyer’s administration fee of £1,200 (inc VAT) and a buyer’s premium of £960 (inc VAT) payable on exchange of contracts. Prospective purchasers should review the legal pack for disbursements and service details before bidding.
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