Summary - 74, Rodney Road, GREAT YARMOUTH NR30 2LJ
2 bed 1 bath Ground Flat
Low-entry investment with immediate rental potential and long lease.
Previously let at £130pw (~£6,760 pa) — clear rental history
Chain-free sale with vacant possession and 966 years remaining on lease
Newly fitted kitchen and shower room; two reception rooms
Two basement bedrooms — lower-light rooms, consider suitability
Double glazing; electric night-storage heating (higher running costs)
No ground rent or service charge payable
Solid brick Victorian build; likely no cavity insulation
Very high local crime and high area deprivation — location risk
This two-bedroom ground-floor flat on Rodney Road offers clear rental and refurbishment potential in Great Yarmouth. Previously let at £130 per week (circa £6,760 pa), it is sold chain-free with a very long lease (966 years remaining) and vacant possession, making it straightforward for investors or buyers looking to refurbish and re-let.
Accommodation spans around 724 sq ft across ground-floor living with two basement bedrooms, two reception rooms, a newly fitted kitchen and shower room, and a low-maintenance rear patio garden. The flat has double glazing and electric night storage heating; there are no ground rent or service charges to budget for.
Buyers should note the surrounding area is very deprived with very high crime statistics and an urban cultural mix; the neighbourhood is classified as transitional with a significant Eastern European presence. The property is solid-brick Victorian construction with assumed no cavity insulation and relatively small rooms, so buyers may wish to allow for improvements to heating, insulation and internal redecoration.
This property suits investors seeking a low-entry purchase with immediate re-let potential or a buyer wanting a modest renovation project close to town amenities and good transport links. Practical advantages include excellent mobile signal, fast broadband, and no flood risk; the council tax is band A (very cheap).
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