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Lake View Road, Oulton Broad - Image 1
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Lake View Road, Oulton Broad

East of England

£90,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique opportunity for renovation or investment in a sought-after waterside location. It features three bedrooms and is set on a generously sized plot, providing ample space for a modern family home or expansion projects. The existing structure holds significant potential for those looking to enhance its value through renovations. With the ability to design your own contemporary living spaces, you can capitalize on the stunning views of Lake Lothing that can be achieved from multiple levels of the property. The layout allows for open-plan living, which can be tailored to suit modern preferences while incorporating expansive windows that invite natural light and accentuate the serene waterfront setting. Beyond its aesthetic appeal, this property offers practical advantages as well. With direct access to the lake and private mooring options, it is ideally suited for boating enthusiasts or anyone who enjoys outdoor activities along the water. In addition to its recreational benefits, the location provides easy access to local amenities, coastal attractions, and vital transport links, making it a convenient spot for both residents and visitors. The rarity of properties with such development potential in this desirable area makes this an attractive proposition for investors and future homeowners alike. With planning permissions available through East Suffolk's planning portal under reference DC/22/4946/FUL, you can explore various possibilities to create a unique lakeside retreat or a lucrative rental investment. If you're interested in discovering more about this property’s potential, including detailed plans and permissions, please reach out for further information and to arrange a site visit.

Investment Analysis

(NR33 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR33)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.6%
5 year growth: 24.1%
Investment Disclaimer: Analysis based on NR33 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

Lake View Road, Oulton Broad
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,500 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