Summary - King Street, Great Yarmouth NR30 2PA
21 bed 12 bath Not Specified
Large freehold mixed‑use building with immediate income and active Airbnb trading.
Freehold mixed‑use block: three shops, 11 flats, one townhouse
Approx 10% gross yield with immediate rental income
Airbnb/permitted short‑term use actively trading
Private off‑street car park to the rear
Newly renovated about ten years ago; modern finishes
No private garden; urban street‑facing location only
Located in very deprived area with very high crime rates
Average broadband speeds; expect higher management costs
This substantial freehold building on King Street offers a ready-made, mixed‑use income stream in Great Yarmouth’s town centre. Comprising three ground‑floor shop units (including an established Domino’s), eleven let flats and an attached three‑storey townhouse, the property benefits from immediate rental receipts and permitted short‑term (Airbnb) use that bolsters yield.
The block was converted and refurbished around ten years ago and presents with modern finishes internally. Off‑street private parking to the rear, a large overall plot footprint and excellent mobile signal add practical appeal for managers and guests. Proximity to shops, restaurants, seafront attractions and good local schools supports lettability for both long‑term tenants and short‑stay visitors.
Buyers should weigh clear drawbacks: the location sits within a very deprived ward with very high recorded crime levels, which can affect rents, voids and management costs. Broadband speeds are only average and there is no private garden or significant external amenity. The sale involves a connected party, which is disclosed.
This opportunity suits investors seeking an established, high‑yielding seaside portfolio addition with active Airbnb income and immediate cashflow. Expect professional management needs, regular maintenance budgets and proactive tenant screening given local socio‑economic conditions.
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