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Oulton Road North, Lowestoft

East of England

£500,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2097 sqft

Description

This detached residence in the desirable village of Oulton presents an excellent investment opportunity, especially for those looking to create a family home tailored to their needs. The property features a spacious and flexible layout with multiple reception areas, a large kitchen/dining space, and a sunlit garden room that enhances indoor-outdoor living. Its generous scale allows for various configurations; for example, the formal dining area could easily be repurposed into an office or a fifth bedroom with minimal effort. The upper floor hosts four well-sized bedrooms, including a master suite with an en-suite bathroom, while the overall design supports both comfortable living and potential adaptation for modern requirements. The outdoor space is notable too, offering a well-maintained garden with a raised patio and summerhouse—ideal for summer gatherings. With ample off-road parking and a double garage that holds potential for conversion into an annex (subject to planning permission), this property has substantial untapped potential. Set in the tranquil Oulton Village yet close enough to amenities and local schools, this home is perfectly positioned for those seeking charm alongside practicality. The inviting entrance hall and welcoming interior hint at its capacity to evolve through refurbishment, making it an intriguing prospect for investors or buyers eager to add value through renovation.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -1.7% below area average per sq ft

-1.7%
Potential saving
This Property
£238/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£559,605
10% above area average per sq ft
Potential ROI
+1.7%
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

Oulton Road 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
£1,832
Based on a loan of £375,000 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