Nelson Road North, Great Yarmouth
Guide Price £220,000
Key Information
Key Features
Description
This fully tenanted six-bedroom HMO in Great Yarmouth generates a strong rental income of just under £30,000 per year, offering an excellent 13.6% yield with no onward chain. The property includes two en-suite bedrooms, shared facilities and communal spaces designed for comfortable living. Weekly rents range from £85 to £130 per room, ensuring a steady and reliable income stream. Positioned in a high-demand rental area, it attracts professionals and key workers who rely on public transport. With strong occupancy levels and minimal ongoing management, this is a profitable, hassle-free investment for any portfolio.
The Location
Great Yarmouth is a coastal town located in Norfolk, England, on the eastern edge of the country, along the North Sea. Known for its sandy beaches and rich maritime history, the town has been a popular seaside resort since the 18th century. Situated about 20 miles east of Norwich, Great Yarmouth is home to a bustling seafront with traditional amusements, piers, and holiday attractions.
The River Yare runs through the town, giving it a natural harbour that has historically been important for fishing and trade. Today, the town blends its historic charm with modern tourism, offering visitors a mix of cultural sites, including museums and the medieval town walls, as well as lively entertainment along the Golden Mile.
Nelson Road North, Great Yarmouth
This exceptional six-bedroom HMO in Great Yarmouth is a prime investment opportunity, delivering an impressive rental income of just under £30,000 per year. With a strong approximate yield of 13.6%, this property offers an excellent return on investment with no onward chain.
Weekly rents range from £85 to £130 per room, ensuring consistent revenue while meeting the ever-growing demand for quality shared accommodation.
The property features six well-proportioned bedrooms, two of which benefit from private en-suite facilities, enhancing their rental appeal. The remaining rooms share well-maintained bathroom facilities and tenants enjoy access to communal spaces designed for comfortable shared living.
A gas central heating system ensures warmth and efficiency, keeping utility costs manageable while maintaining tenant satisfaction.
Located in a high-demand rental area, this property is ideal for investors seeking a hands-off, high-yielding asset.
With no parking available, it appeals to tenants who rely on public transport or work locally, making it particularly attractive to professionals and key workers. Its strong occupancy levels and impressive income generation make this HMO a profitable and reliable addition to any portfolio.
For investors seeking a turnkey property with immediate returns, this HMO is an outstanding choice.
Agents Note
Please note that a full floor plan can not be provided for this property as certain rooms were inaccessible at the time due to tenants' belongings and privacy. As such, a complete floor plan could not be conducted.
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