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Lichfield Road, Great Yarmouth - Image 1
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Lichfield Road, Great Yarmouth

East of England

£100,000
Listed on 30/08/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents a solid opportunity for those looking to make their mark in a well-situated area. The property features two generously-sized double bedrooms, providing ample space for relaxation or study. The layout includes a welcoming front lounge and a dining room that can accommodate family gatherings or entertaining guests. Additionally, the kitchen offers the potential for modernization, allowing for personal touches that can enhance both functionality and aesthetics. The shower room is conveniently located on the same level, while the ground floor cloakroom adds an extra layer of practicality, particularly in busy households. Natural light flows through PVCu double glazing throughout, contributing to an inviting atmosphere. Situated in a location with easy access to numerous amenities and shopping options, residents will benefit from the convenience of nearby services and transportation links. The property’s chain-free status simplifies the buying process, making it an attractive option for first-time buyers or seasoned investors alike. Given its current condition and location advantages, there is significant potential to renovate and elevate this home’s value over time. Whether aimed at enhancing personal living spaces or reaping returns through rental opportunities, this property stands as a promising investment prospect in a vibrant community setting.

Investment Analysis

(NR31 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£10,000 - £25,000
10-25% of property value
Monthly Sales
32
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NR31)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -0.6%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on NR31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Lichfield Road, Great Yarmouth
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