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Worthing Road, Lowestoft, NR32

East of England

£110,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
House
Area
936 sqft

Description

This mid-terrace property presents a highly appealing opportunity for those looking to undertake a renovation project, particularly investors and developers. With its bay-fronted design, the home includes three bedrooms, two reception rooms, and a kitchen with an adjacent utility area, all of which offer considerable scope for transformation. Currently presented as a blank slate, this residence invites creative redesigns that could significantly increase its market value. Its advantageous location in Lowestoft means it's just moments from local amenities, schools, and transport links to Norwich and Ipswich. Furthermore, the nearby award-winning beaches and vibrant local lifestyle enhance its attractiveness for future occupants. This property is chain-free and ready for a complete refurb to modern standards, making it ideal for either resale or rental ventures.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£118/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£248,906
10% above area average per sq ft
Potential ROI
+31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -6.0%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on NR32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Worthing Road, Lowestoft, NR32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£416
Based on a loan of £82,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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