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Lowestoft, North Lowestoft

East of England

£105,000
Listed on 12/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
667 sqft

Description

This two-bedroom terraced house in North Lowestoft presents a promising opportunity for renovation and investment. The property features a practical layout that includes a lounge and a dining room, along with a kitchen on the ground floor. The first floor hosts two spacious double bedrooms and a bathroom, providing ample living space for future residents. Positioned in an area known for its community feel and accessibility, this home benefits from nearby local amenities that cater to everyday needs. The small front yard adds curb appeal, while the rear courtyard leads to an enclosed garden—ideal for those looking to enhance outdoor spaces. With some updates and personal touches, this property has great potential for both first-time buyers wanting to create their perfect home or investors seeking to capitalize on the growing market in the area. The combination of comfortable living areas and a prime location makes this property worthy of consideration for anyone looking to embark on a renovation project. Early viewings are encouraged to fully appreciate its possibilities.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£157/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£177,996
10% above area average per sq ft
Potential ROI
+31.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.3%
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

Lowestoft, North Lowestoft
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£385
Based on a loan of £78,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE