114 WELLESLEY ROAD, GREAT YARMOUTH, NR30 2AR
A unique opportunity to purchase a spacious investment property in Great Yarmouth, Norfolk.
Located on Wellesley Road, the property was formerly a B&B and has been gutted ready for renovation. Due to other projects, the current owner has decided to put the property on the market and pass the opportunity on to someone else.
Just a stones through from a highly popular beach and close to many local amenities, the property is ideal for a renovation back to its former glory as a popular B&B.
The layout also lends itself perfectly to a residential conversion to 3 flats, or a large family home.
The property is spread across 3 floors and also has a spacious attic for storage, a lean to/courtyard area to the rear and UPVC double glazed windows throughout.
This is the perfect project for investors and developers as it has been stripped back to its original features and is ready to start work on from day one.
If converted into flats or apartments, we would expect each unit to be marketed for £125,000 + or a rental value of £650 - £700 each per calendar month.
The area is a popular tourist destination and has many successful hotels and guest houses in the area, so high occupancy rates throughout peak periods would be expected and presents a fantastic business opportunity for someone looking to get started in the leisure and hospitality industry.
ROOM 1 4.63m x 4.31m
ROOM 2 4.10m x 3.60m
ROOM 3 3.59m x 3.50m
ROOM 4 3.50m x 3.00m
HALLWAY 1.80m x 8.09m
ROOM 5 5.23m x 4.5m
ROOM 6 4m x 3.8m
ROOM 7 3.6m x 3.4m
ROOM 8 3.4m x 3.2m
WC 2.19m x 0.89m
HALLWAY 1.55m x 8.4m
FIRST FLOOR 5.78m x 4.64m
ROOM 10 4.39m x 4.08m
ROOM 11 3.53m x 3.39m
ROOM 12 3.53m x 3.2m
LANDING 1.7m x 4.39m