Summary - 78 Yarmouth Road, Caister-On-Sea NR30 5BT
3 bed 1 bath Semi-Detached
Income-producing Victorian semi near beach; scope for uplift with sympathetic updating.
Three-bedroom Victorian semi with bay window and separate dining room
Currently let at £675 pcm (£8,100 pa) — income-producing asset
Guide price band £90,000–£110,000; sold by livestream auction
Brick garage and driveway providing private off-road parking
Solid brick walls likely without added insulation; dated fabric
Requires modernisation — kitchen, bathroom and general refurbishment
Administration fee £1,200 and buyer’s premium £960 payable on exchange
Viewings by appointment in conjunction with the sitting tenant
A three-bedroom Victorian semi-detached house in Caister-on-Sea currently let at £675 pcm (£8,100 pa), offered for sale by livestream auction. The property includes a bay-fronted sitting room, separate dining room, single bathroom, double glazing, and a brick garage with off-road parking. It sits close to local amenities and beaches about five miles north of Great Yarmouth.
This is a clear opportunity for an investor seeking an immediate rental income stream: the current assured shorthold tenancy started in 2018 and the home is producing a strong gross yield versus the guide price band. The house is freehold and council tax band C, with simple low-maintenance rear garden landscaping and private parking — practical benefits for tenanted occupation.
Buyers should note material considerations: the building dates from c.1900–1929 with solid brick walls assumed to have no added cavity insulation, and the interior and exterior show signs of age and dated fittings. The sale is by livestream auction with additional fees payable on exchange (administration and buyer’s premium) and viewings must be arranged around the sitting tenant. These points affect immediate costs, potential refurbishment scope and resale timing.
This property suits cash buyers or investors comfortable buying at auction and factoring in renovation and fees. For an owner-occupier prepared to take on tenancy management and updating, the house offers period charm and scope to improve energy performance and interior finishes to increase value and rental prospects.
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