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South Market Road, Great Yarmouth

East of England

£50,000

Listed on 10/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

Nestled in the vibrant town centre of Great Yarmouth, this first-floor one-bedroom flat presents a remarkable opportunity for both budding homeowners and savvy investors. Located within a well-maintained purpose-built block, residents enjoy immediate access to local shops, transport links, and essential amenities. The flat features a generous lounge, separate kitchen, spacious double bedroom, and a functional bathroom suite, all benefiting from abundant natural light. While the interior could use some cosmetic refreshment to truly shine, this presents an excellent chance for buyers to enhance its value and imprint their personal style. Previously rented out successfully, the property showcases considerable investment potential with consistent demand for rentals in this prime location. Additional advantages include being chain-free and having an exceptional 999-year lease, ensuring peace of mind for long-term ownership.

Investment Analysis

(NR30 area)
Area Average
£203/sq ft
Avg Rent (weekly)
£169
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR30)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -6.3%
5 year growth: +8.8%
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

South Market Road, Great Yarmouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£178
Based on a loan of £37,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-16.7% since listed
£50,000£10,000(-16.7%)
20/05/2026
Current price
£60,000Initial listing
10/04/2026

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