66, Station Road North, Great Yarmouth, Norfolk

Description

An opportunity to acquire a well-proportioned three-bedroom detached bungalow ideally situated in a popular village of Belton. The property has been in the same ownership for many years and would now benefit from a programme of modernisation and updating throughout. The current accommodation is well proportioned and currently offers a breakfast kitchen, generous lounge and three bedrooms all with built in storage. Belton is also home to a number of local businesses, including a post office, a convenience store, and several pubs and restaurants. The coastal towns of Gorleston, Great Yarmouth offer a variety of high street shops, business, banks and leisure facilities along with their renowned beaches an attractions.

Accommodation

Ground floor: Entrance porch, lounge, inner hallway, breakfast kitchen, three bedrooms, family bathroom. Exterior: Front garden laid to lawn with pathway leading to entrance porch, pathway runs down the side of the property to side entrance door and access to enclosed rear garden. Rear garden mainly laid to lawn with brick-built storage shed, timber shed and detached garage, driveway providing off road parking.

Location

Popular residential area; the description states the property is ideally situated in a popular village of Belton. Belton has a post office, convenience store, pubs and restaurants. Gorleston and Great Yarmouth offer high street shops, businesses, banks, leisure facilities and beaches.

Tenure / Property Information

Investment Analysis

Completed sales evidence on Station Road North ranges from £298,000 to £505,000, including £479,500 for 68 Station Road North in January 2025 and £505,000 for 80 Station Road North in February 2026. However, the evidence does not provide bedroom numbers, floor areas, condition or specification for the comparables, and the earlier sales are from 2021–2022. A reliable GDV range or base GDV cannot therefore be established from the supplied evidence alone.

Investment Snapshot

Strategy Recommendation

Do not underwrite a BTL, BRRR or flip purchase from the supplied evidence alone. Obtain the legal pack, inspection-based refurbishment quotations, rental evidence and confirmation of any seller fees before bidding.

Works Required

Modernisation and updating throughout, as stated in the description. The scope and cost of individual works are not supplied. Existing accommodation includes a breakfast kitchen, lounge, three bedrooms, bathroom, gardens, garage and driveway. EPC rating is E.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis cannot be completed reliably. The guide is £200,000 and the known buyer administration charge is £1,800 inclusive of VAT, but refurbishment costs, rent and a sufficiently supported GDV are unavailable. The 75% GDV refinance figure is therefore unsupported.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Modernisation requirements, EPC E and unknown heating details may affect letting costs and tenant appeal, but no cost allowance can be supported.

Flip Analysis

A potential resale margin cannot be calculated because the refurbishment budget and a reliable GDV are unavailable. Nearby completed sales provide useful context but lack comparable property specifications and condition details. Additional seller fees may also apply under the special conditions.

Investor Risks & Due Diligence

• The property requires modernisation and updating throughout, but the scope and cost are unknown.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• EPC rating is E.

• Heating details are unavailable.

• The supplied sold comparables do not state their bedroom numbers, floor areas or condition and span different sale dates.

• Additional seller fees may be payable under the special conditions of sale.

• The parking and heating sections direct the buyer to contact the auction centre for further information.

Recommendation

Do not underwrite a BTL, BRRR or flip purchase from the supplied evidence alone. Obtain the legal pack, inspection-based refurbishment quotations, rental evidence and confirmation of any seller fees before bidding.

Strategy Rating

Analysis Confidence

There is useful same-road completed-sales evidence and a clear description of the accommodation, but no specific rental evidence, refurbishment costings, floor area, comparable specifications or reliable GDV basis.