Worst House on the Street Logo
Wellesley Road, Great Yarmouth - Image 1
Wellesley Road, Great Yarmouth - Image 2
Wellesley Road, Great Yarmouth - Image 3
Wellesley Road, Great Yarmouth - Image 4
Wellesley Road, Great Yarmouth - Image 5

Wellesley Road, Great Yarmouth

East of England

£385,000
Listed on 02/03/2025

Property Details

Bedrooms
9
Type
Semi-detached house
Area
2809 sqft

Description

This impressive nine-bedroom residence, constructed in 1890, presents a unique opportunity for renovation and investment in a desirable coastal location. Spread across three stories, the home boasts substantial living space that can be tailored to modern preferences while retaining its architectural charm. The proximity to the beach offers both recreational benefits and potential for rental income, making it an attractive choice for those looking to capitalize on Great Yarmouth's vibrant tourism. Located on Wellesley Road in the heart of Great Yarmouth, this property is surrounded by a variety of local amenities, including shops, restaurants, schools, and leisure facilities. The town is well-known for its beautiful sandy beaches and scenic seafront promenade, which are ideal for outdoor activities and relaxation. Additionally, excellent transportation options enhance accessibility to neighboring towns and cities, positioning this location as both convenient for residents and appealing to visitors seeking a coastal getaway. Upon entering the property, you are welcomed by a spacious entrance hall that leads into two generously-sized reception rooms. These spaces not only accommodate comfortable furnishings but also create an inviting atmosphere perfect for hosting gatherings. Large windows throughout the property fill each room with natural light, enhancing the overall ambiance. A functional kitchen equipped with fitted units flows into a dining room designed for family meals or entertaining friends. Additional features include a utility room and a convenient WC. The upper levels reveal nine bedrooms, seven of which have ensuite bathrooms—a rare feature that adds privacy and comfort. The master bedroom also includes a balcony, offering an appealing spot to enjoy morning coffee or unwind in the evening. This versatile layout provides numerous possibilities: whether you envision creating guest accommodations or dedicated workspaces, there's ample scope to customize according to your needs. The outdoor area consists of a low-maintenance garden at the rear of the property—ideal for enjoying al fresco dining or quiet moments outside. Fully enclosed for privacy, this garden enhances the appeal of suburban living without sacrificing convenience. Additionally, four designated parking spaces are available at the back of the home. This property stands as not just a residence but as a canvas waiting for personal touches—perfectly suited for investors or families keen on creating their dream home in one of Great Yarmouth’s most sought-after locales. With its historical significance paired with contemporary potential, this residence is indeed an exceptional find worth exploring further.

Investment Analysis

(NR30 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£137/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£623,387
10% above area average per sq ft
Potential ROI
-1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR30)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -1.0%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on NR30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wellesley Road, Great Yarmouth
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,410
Based on a loan of £288,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE