2 Bed Terraced House, Potential PLO/LOA, Great Yarmouth, NR30 3JJ, £100,000

CAMPERDOWN COTTAGE Wellington Road, Great Yarmouth, Norfolk, NR30 3JJ - 85 views - 5 months ago

Leasehold
Negative Equity
ROI: 3%
64 m²
+5 photos

ValuationUndervalued

Sold Prices£55K - £285K
Sold Prices/m²£922/m² - £3.6K/m²

 

 

Square Metres

64 m²
Price/m²£1.6K/m²

Value Estimate

£110,080

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,950

Total Cash In

£29,950

 

 

Cash Out

 

Rent Range

£575 - £1,400

Rent Estimate

£635

Running Costs/mo

£460

Cashflow/mo

£176

Cashflow/yr

£2,106

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £55K to £285K, average is £100K. £922/m² to £3.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£142K12/220.09 mi15, Duncan Road, Great Yarmouth, Norfolk NR30 3BL2
£80K12/220.09 mi70, Nelson Road Central, Great Yarmouth, Norfolk NR30 3BP2
£80K01/230.1 mi77, Nelson Road Central, Great Yarmouth, Norfolk NR30 3BP2
£86K10/230.11 mi13, Malakoff Road, Great Yarmouth, Norfolk NR30 3BS2
£120K01/230.11 mi19, Alma Road, Great Yarmouth, Norfolk NR30 3BW2
£72K06/210.11 mi11, Marine Passage, Great Yarmouth, Norfolk NR30 3AN2
£72K07/210.11 mi42, Devonshire Road, Great Yarmouth, Norfolk NR30 3AL2
£131K06/230.14 mi77, Havelock Road, Great Yarmouth, Norfolk NR30 3HR2
£77.5K03/210.17 mi9, Napoleon Place, Great Yarmouth, Norfolk NR30 2NR2
£143.5K04/230.18 mi4, Pier Place, Great Yarmouth, Norfolk NR30 3HS2
£115K02/240.18 mi7, Pier Place, Great Yarmouth, Norfolk NR30 3HS2
£110K06/230.2 miStable Cottages, 21, Trinity Place, Great Yarmouth, Norfolk NR30 3HA2
£92K02/210.24 mi4, West Street, Great Yarmouth, Norfolk NR30 3HU2
£105K03/210.27 mi22, Admiralty Road, Great Yarmouth, Norfolk NR30 3DG2
£78K07/210.28 mi3, Mariners Road, Great Yarmouth, Norfolk NR30 3DA2
£67K07/210.28 mi1, Mariners Road, Great Yarmouth, Norfolk NR30 3DA2
£120K08/210.31 mi14, Ordnance Road, Great Yarmouth, Norfolk NR30 3DL2
£105K03/210.31 mi2, Bath Hill, Great Yarmouth, Norfolk NR30 2LQ2
£70K04/230.32 mi110, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£94.5K06/210.32 mi99, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£86K09/230.32 mi38, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£95K03/240.32 mi11, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£100K11/200.32 mi98, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£105K09/230.32 mi91, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£90K05/230.32 mi22, Exmouth Road, Great Yarmouth, Norfolk NR30 3DN2
£55K10/230.33 mi40, Trafalgar Court, Great Yarmouth, Norfolk NR30 2LX2
£75K01/210.36 mi24, Southgates Road, Great Yarmouth, Norfolk NR30 3LJ2
£285K03/240.36 mi4, The Cottages, Great Yarmouth, Norfolk NR30 3JT2
£128K11/230.36 mi3, Dorset Close, Great Yarmouth, Norfolk NR30 2SB2
£162K01/230.37 mi2, St Georges Plain, Great Yarmouth, Norfolk NR30 2PH2
£100K11/200.37 mi2, Trafalgar Square, Great Yarmouth, Norfolk NR30 2EL2
£83.1K03/230.37 mi50, Ordnance Road, Great Yarmouth, Norfolk NR30 3DH2
£138K11/210.38 mi24, Admiralty Road, Great Yarmouth, Norfolk NR30 3DQ2
£112.7K03/240.38 mi39, Admiralty Road, Great Yarmouth, Norfolk NR30 3DQ2
£80K11/230.38 mi33, St Georges Court, Great Yarmouth, Norfolk NR30 2PY2
£150K12/220.47 mi88, Albion Road, Great Yarmouth, Norfolk NR30 2HU2
£145K08/230.49 mi8, Anchor Court, Great Yarmouth, Norfolk NR31 0QJ2
£140K11/200.57 mi1, St Marys Lane, Great Yarmouth, Norfolk NR31 0LP2
£160K08/210.58 mi16, Admirals Quay, Great Yarmouth, Norfolk NR31 0JT2
£160K07/210.58 mi4, Admirals Quay, Great Yarmouth, Norfolk NR31 0JT2
£95K03/210.58 mi111, Lichfield Road, Great Yarmouth, Norfolk NR31 0AB2
£178.2K12/220.59 mi53, Boundary Road, Great Yarmouth, Norfolk NR31 0JY2
£90K09/210.61 mi1, Southampton Place, Great Yarmouth, Norfolk NR30 2DP2
£145K12/200.62 mi4, Drifters Way, Great Yarmouth, Norfolk NR31 0GX2
£121.5K02/230.62 mi93, Wolseley Road, Great Yarmouth, Norfolk NR31 0EL2
£125K02/240.64 mi6, Oliver Mews, Great Yarmouth, Norfolk NR30 2DU2
£83K01/240.64 mi19, North Market Road, Great Yarmouth, Norfolk NR30 2DX2
£76K04/210.65 mi60, North Market Road, Great Yarmouth, Norfolk NR30 2EB2
£82.5K07/230.65 mi29, North Market Road, Great Yarmouth, Norfolk NR30 2EB2
£88K08/230.65 mi15, Waveney Road, Great Yarmouth, Norfolk NR31 0LB2

Local Rents

53 rents from £575/mo to £1.4K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£65006/240.03 miGreat Yarmouth2
£72503/240.03 miGreat Yarmouth2
£72503/240.03 miGreat Yarmouth2
£87010/240.1 mi-2
£90006/240.11 mi-2
£67506/240.11 miMarine Passage, Off Wellington Road2
£82508/240.14 miNelson Road Central, Great Yarmouth2
£72506/240.16 miKings Court, Great Yarmouth2
£75008/240.17 miNapoleon Place, GREAT YARMOUTH2
£92507/240.17 miSt. Peters Road, Great Yarmouth, NR302
£92508/240.17 mi-2
£92508/240.17 mi-2
£80006/240.2 miTrinity Place2
£79509/240.22 miGreat Yarmouth2
£75006/240.23 mi-2
£75006/240.23 mi-2
£75006/240.23 mi-2
£77504/250.26 mi-2
£99508/240.27 miRoyal Naval Hospital, Great Yarmouth2
£72506/240.28 mi-2
£57506/240.3 miKing Street, NR302
£63506/240.3 miKing Street, Great Yarmouth, NR302
£63507/240.3 miKing Street, Great Yarmouth, NR302
£63508/240.3 miKing Street, Great Yarmouth, NR302
£79508/240.3 miFoxes Passage Off York Road2
£72508/240.32 miTrafalgar Court, Gt. Yarmouth. NR30 2LX2
£80006/240.32 miExmouth Road,Great Yarmouth2
£85008/240.33 miQueens Road, Great Yarmouth2
£80007/240.33 miTrafalgar Court, Great Yarmouth2
£67004/250.33 mi-2
£79506/240.34 miKing Street, Great Yarmouth, Norfolk, NR302
£75006/240.38 miCrown Road, GREAT YARMOUTH2
£97506/240.39 mi-2
£99510/240.39 mi-2
£99511/240.39 mi-2
£99512/240.39 mi-2
£1,02006/240.39 mi-2
£70006/240.42 miRow 102, Great Yarmouth, Norfolk, NR302
£67508/240.42 miRow 102, Great Yarmouth, Norfolk, NR302
£1,10012/230.45 mi-2
£1,10010/240.45 mi-2
£59506/240.46 miApsley Road, NR302
£65008/240.46 miApsley Road, Great Yarmouth, NR302
£72506/240.46 miKing Street, GREAT YARMOUTH2
£69506/240.48 miKing Street, Great Yarmouth, Norfolk, NR302
£74508/240.48 miCrown Road, Great Yarmouth2
£1,40004/250.49 mi-2
£95006/240.5 mi-2
£80004/240.52 mi-2
£80004/240.52 mi-2
£85006/240.54 miRegent Road, Great Yarmouth2
£75008/240.56 miNelson Road North, GREAT YARMOUTH2
£82507/240.58 miSouth Market Road, Great Yarmouth2

Local Area Statistics

Population in NR30

30,726

Population in Great Yarmouth

100,728

Town centre distance

2.36 miles away

Nearest school

0.20 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+45%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £100,000

February 16, 2025

Listed for £125,000

-80%

November 15, 2024

Sold for £510,000

2007

Sold for £88,000

2007

Sold for £27,000

2000

Sold for £18,000

1997

Floor Plans

Description

  • No Chain +
  • EPC - A +
  • Character Property +
  • Owned Solar Panels +
  • Air Source Heat Pump +
  • Two Double Bedrooms +
  • Three Storeys +
  • Excellent Location +

Presenting an outstanding opportunity to own a charming three storey character property in the bustling centre of Great Yarmouth, just moments from the seafront and pristine beaches. This chain free property offers two spacious double bedrooms and a range of recent high quality improvements, making it both an attractive investment and an energy efficient, comfortable home.

Property Highlights:

Chain-Free Sale: Move in or rent out with ease—no chain for a smoother purchase process.

Tenant in Situ: With a reliable tenant currently in place paying over £800 per month, this property offers immediate rental income from day one.

High Yield Potential: With a remarkable yield of at least 7.6% when bought at £125,000, this property is a solid investment with a great return.

Energy Efficiency Upgrades Worth £30,000
A standout feature of this property is its exceptional energy efficiency, achieved through a £30,000 investment in upgrades that has elevated the property to an EPC rating of A. These upgrades include:

Solar Panels: Maximising renewable energy generation and lowering electricity bills.

Air Source Heat Pump: Efficient heating and cooling for year round comfort at a fraction of traditional energy costs.

New central heating and all walls are insulated.

Prime Location in Great Yarmouth
Perfectly positioned in the centre of Great Yarmouth, this property provides unbeatable access to all local amenities, entertainment, dining, and the beautiful beaches of this popular seaside town. It’s an ideal location for tenants or anyone looking to enjoy coastal living.

Interior Layout
Spread across three floors, this home includes two generously sized double bedrooms, each offering a bright, comfortable space. The interior combines the charm of a character property with modern enhancements, appealing to both tenants and potential owners alike.

Investment Summary
Given its prime location, established rental income, and energy efficient features, this property is an unmissable opportunity for investors looking to maximise their returns. With a yield of over 7.6% and all the major work already completed, you can enjoy hassle-free management and a healthy rental income stream.

This property is expected to generate considerable interest. Contact us today to arrange a viewing and explore the full potential of this impressive investment opportunity in the heart of Great Yarmouth.

Agent Details

Howards, Great Yarmouth

01493 801540

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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