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Albert Road, Great Yarmouth

East of England

£130,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
1507 sqft

Description

This semi-detached cottage presents a unique investment potential, featuring a detached two-storey workshop that could be converted into an additional dwelling, subject to planning permission. The main residence consists of an entrance utility area, a lounge, a dining room, and a kitchen, all of which offer the foundational layout for a rental property. Upstairs, you'll find two double bedrooms and a bathroom, making this space suitable for tenants or as a personal home with ample room for improvement. Externally, the generous courtyard is secured and can be divided with the adjoining workshop. Additional advantages include double-glazed windows and gas central heating. Overall, this property is chain-free and provides an exciting opportunity for renovations and expansions to maximize its value.

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Investment analysis

(NR30 area)

Below Market Value

This property is priced -57.5% below area average per sq ft

-57.5%
Potential saving
This Property
£86/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£175
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£336,264
10% above area average per sq ft
Potential ROI
+86.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR30)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -4.3%
5 year growth: +10.1%
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

Albert Road, Great Yarmouth
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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

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