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Lichfield Road, Great Yarmouth

East of England

£130,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terraced house offers an excellent opportunity for renovation, making it ideal for first-time buyers or investors looking to add value. Located conveniently between Gorleston-On-Sea and Great Yarmouth, the property is surrounded by local amenities, including shops, restaurants, and beautiful sandy beaches—perfect for family living or holiday rental potential. The home features a welcoming entrance hall leading into a spacious lounge and dining area, both with plenty of natural light. The kitchen is well-sized but could benefit from modernisation, while the utility room offers additional space for laundry needs. Upstairs, you'll find three bedrooms that are ready for cosmetic updates as well as a main bathroom that can be refreshed to enhance functionality. Private outdoor space includes a fully enclosed courtyard garden with gated access. This property is not just a home but also a project ripe for transformation in a desirable East of England location.

Investment Analysis

(NR31 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£214
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR31)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -7.6%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on NR31 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

Lichfield Road, Great Yarmouth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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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