Cobbs Place, Great Yarmouth NR30
East of England
£40,000
Listed on 13/10/2026
Listed on 13/10/2026
The listing
Property details
Bedrooms
1Type
FlatArea
431 sqftDescription
This one-bedroom first-floor flat in Great Yarmouth is offered as a refurbishment project, with approximately 431 sq ft of accommodation and scope for a buyer to modernise the interior. The listing describes it as requiring full modernisation, so prospective purchasers should assess the work and budget independently.
The property is situated near the town centre and seafront, with shops, cafés and other everyday services nearby. The listing also refers to regeneration projects in the town and its developing offshore wind sector, though these do not guarantee future property values or rental demand.
The marketing material includes AI-generated images showing an illustrative possible finish. They are not photographs of completed work and should not be taken as evidence of the flat's present condition. Buyers should carry out their own checks on condition, refurbishment costs and any intended investment strategy.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
64out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £40,000, this flat is priced at £93/sq ft against a local average of £205/sq ft, making the asking price a clear opportunity to acquire well below the local benchmark. The photographed interiors are a substantial project: worn or absent flooring, marked walls and dated finishes are visible across several rooms, while the kitchen and bathroom both offer scope for replacement. The visible exterior and roof appear broadly intact, with no obvious major structural failure in the photo.
Key opportunities
- The flat offers a blank canvas to create a coherent, contemporary one-bedroom home, with scope to refresh the living space and bedroom alongside the kitchen and bathroom.
- The asking price is substantially below the local average per square foot, offering an unusually accessible entry point for a buyer seeking a renovation project.
- The listing places the flat close to Great Yarmouth town centre and seafront, with local regeneration and employment activity forming part of the wider location story.
Key risks
- Worn or absent floor finishes and marked walls are visible in several rooms, so the interior programme extends beyond updating individual fittings.
- A substantial multi-room programme, including the kitchen, bathroom, flooring and internal finishes, will require careful planning and more time than a cosmetic refresh.
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Transport
Nearest stations
Great Yarmouth Rail Station
0.5 miles
Train · Great Yarmouth
Berney Arms Rail Station
4.5 miles
Train · Berney Arms
Haddiscoe Rail Station
7.2 miles
Train · Haddiscoe
Somerleyton Rail Station
7.6 miles
Train · Somerleyton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£163
Based on a loan of £30,000 over 30 years at 5.13% 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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Indicative tax based on the asking price and the options you select.
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