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Raglan Street, Lowestoft, NR32 - Image 1
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Raglan Street, Lowestoft, NR32

East of England

£100,000
Listed on 18/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
732 sqft

Description

This two-bedroom mid-terraced home presents an excellent chance for those looking to invest or personalize their living space. Offered without a chain, the property requires modernisation and is ripe for transformation to reflect contemporary tastes. The ground floor consists of a spacious sitting room and separate dining room, providing ample opportunities for reconfiguration, along with a kitchen that leads to the rear garden, enhancing potential outdoor living space. Upstairs, you'll find two generously sized bedrooms and a family bathroom awaiting your personal touch. Situated in a vibrant coastal town known for its award-winning beaches and delightful Victorian gardens, the location also boasts easy access to local amenities and transport links for commutes to larger towns. With community-focused schools in proximity, it’s a promising area for families and investors alike. The property features various original elements that could be revived or reimagined, setting the stage for creative renovation ideas that could significantly increase its market value.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -43.7% below area average per sq ft

-43.7%
Potential saving
This Property
£137/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
£195,342
10% above area average per sq ft
Potential ROI
+50.3%
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

Raglan Street, Lowestoft, NR32
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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
£366
Based on a loan of £75,000 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