Summary - 4, STANLEY TERRACE, MIDDLE MARKET ROAD, GREAT YARMOUTH NR30 2EG
3 bed 1 bath Terraced
Auction sale for hands-on investors seeking refurbishment potential near the seafront.
Three-bedroom Victorian mid-terrace, approx. 910 sq ft over three storeys
A three-bedroom Victorian mid-terrace offered for sale at auction, presented vacant and requiring full renovation. The property extends to approximately 910 sq ft across three storeys with a ground-floor living room, dining room and kitchen, a first-floor double bedroom and bathroom, and two further bedrooms on the top floor. Built circa 1930–1949 with solid brick walls (assumed uninsulated) and gas central heating via boiler and radiators, it suits an experienced investor or hands-on developer comfortable with refurbishment.
The location is central to Great Yarmouth amenities and a short walk from the seafront, shops and public transport links — a practical upside for future lettings. Once refurbished, an indicative rental income of £1,200pcm (£14,400pa) has been estimated, and council tax is noted as very cheap, supporting lettability and running costs. Broadband and mobile signals are good, which is attractive to tenants.
Key negatives are material and must be acknowledged: the house needs renovation throughout, EPC rated F, assumed lack of wall insulation, and the wider area records very high crime and very high deprivation. Tenure is unspecified in the legal pack; buyers must confirm title and any disbursements. The sale is by online auction (Monday 10th November at 1pm) and there is an administration fee of £3,600 (inc VAT) payable on exchange of contracts.
This is a value-driven proposition for someone who can manage refurbishment, factor in renovation costs and site-specific risk, and who is prepared to proceed via auction after reviewing the legal pack.
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