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Lancaster Road, Great Yarmouth

East of England

£90,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
484 sqft

Description

Nestled conveniently between Great Yarmouth's vibrant town centre and the picturesque seafront, this terraced cottage presents an exceptional opportunity for renovation and investment. The property welcomes you with a double-glazed door that opens into a comfortable living room, seamlessly leading to a dining area and compact kitchen. The layout offers a solid foundation for reimagining the space according to modern preferences. Outdoors, a small courtyard provides an inviting private area that could easily be transformed into a charming retreat with some landscaping and personal touches. On the upper level, you’ll find two distinct bedrooms along with a bathroom, both of which hold significant potential for updates. While the property does require some attention—particularly in the kitchen and bathroom—it is an appealing project for first-time buyers or savvy investors looking to add value through thoughtful renovations. With its prime location and inherent charm, this cottage stands as a promising canvas ready for transformation.

Investment Analysis

(NR30 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£186/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£107,412
10% above area average per sq ft
Potential ROI
-10.5%
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

Lancaster Road, Great Yarmouth
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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
£330
Based on a loan of £67,500 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