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Yarmouth Road, Caister-On-Sea

East of England

£450,000
Listed on 20/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
4636 sqft

Description

This mixed-use property presents a unique opportunity in a well-connected coastal village, offering significant potential for renovation and investment. Comprising a spacious four-bedroom home and an extensive former hardware store with ample storage, workshop space, and additional outbuildings, the site spans approximately 0.8 acres (subject to measured survey). Its flexible layout makes it suitable for various purposes—whether you’re an investor looking to capitalize on the burgeoning local market or a business owner seeking a live/work arrangement. Nestled along Yarmouth Road in Caister-on-Sea, the property is strategically positioned for visibility and accessibility. This thriving village benefits from a strong community atmosphere, with essential amenities such as schools, healthcare services, and a mix of independent shops and national retailers nearby. Just minutes from the sandy beaches, this location attracts both residents and visitors alike. With convenient transport links to Great Yarmouth town centre, it holds promise for both residential comfort and commercial ventures. The detached chalet-style residence offers over 1,800 square feet of living space designed with family functionality in mind. The ground floor features a spacious dual-aspect lounge, a cozy front sitting room, a dining area, and a kitchen that flows into an adjoining conservatory. There’s also added flexibility with a ground-floor shower room and an additional bedroom or study space—ideal for guests or multi-generational living. The upper level houses three bedrooms complemented by built-in storage and a family bathroom. Its private entrance ensures separation from the commercial components of the property. Adjoining this home is the substantial former retail space—a 96-foot deep shop area that formerly served as a hardware store. This versatile commercial unit includes a storeroom and workshop at the back, with stairs leading to an office and more storage on the first floor. Given its scale and configuration, there is considerable potential for transformation; options could include converting it into residential accommodation or repurposing it for new business ventures (subject to planning permission). The property also features substantial garage space along with extensive ground and first-floor storage areas that offer countless possibilities—be it workshops, studios, or other development projects (subject to permissions). A second detached garage and brick-built outbuilding add even more value in terms of utility. With its generous plot size and existing structure layout suggesting numerous development avenues—from creating multiple residential units to enhancing its commercial aspect—this property stands as a compelling investment opportunity in an area poised for growth. All utilities are connected including mains water, electricity, and drainage.

Investment Analysis

(NR30 area)

Below Market Value

This property is priced -51.9% below area average per sq ft

-51.9%
Potential saving
This Property
£97/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,028,844
10% above area average per sq ft
Potential ROI
+87.1%
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

Yarmouth Road, Caister-On-Sea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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.

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