Summary - Flat 2 Frere's Court, Row 102, GREAT YARMOUTH NR30 2SP
19 bed 11 bath Block of Apartments
Income-producing eight-flat block in central Great Yarmouth, guide £700k–£725k.
Freehold development of eight apartments, total 19 bedrooms
A freehold block of eight self-contained apartments offered as an income-producing development in central Great Yarmouth. The portfolio comprises five two-bed and three three-bed units (19 bedrooms total) currently generating a combined income of over £80,000 pa. Most flats have EPC C ratings with one D, double glazing and electric heating; each flat has separate water and electric meters.
The location is highly accessible — a short walk to the town centre, shops, park, pay & display car park and the seafront — which supports strong rental demand from young families and students. The building’s layout (multi-storey) and a mix of two- and three-bedroom homes suit lettings to sharers, families and local commuter tenants.
Important considerations: the neighbourhood records very high crime levels and the wider area is very deprived, which can affect tenant profiles, insurance and long-term capital growth. Heating is electric, so running costs may be higher than gas-heated alternatives; one flat’s EPC is D. While the site is freehold, each apartment is on a separate lease — buyers should review individual leases and service arrangements carefully.
This is a clear investment opportunity for a buyer seeking an immediate rental income stream with potential to improve returns via management efficiencies, minor refurbishment and targeted energy improvements. An inspection and detailed lease, tenancy and service-charge review are recommended before offer.
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