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Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 1
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 2
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 3
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 4
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 5
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 6
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 7
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 8
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 9
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 10
Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32 - Image 11

Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, NR32

East of England

£350,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This well-located three-bedroom detached bungalow offers significant renovation potential, particularly for those looking to enhance its existing charm or capitalize on the expansive outdoor space. Nestled within a sought-after postcode in North Oulton Broad, this property features an impressive garden of over 0.25 acres, which could be transformed into a stunning landscape or used to create additional outdoor amenities. The spacious layout includes an 'L' shaped entrance hall that leads to a versatile lounge with sliding doors opening onto the rear garden, and an open-plan kitchen/diner, providing a good foundation for modern upgrades. The three bedrooms are generously sized, with the master suite boasting a walk-in wardrobe. While the property is equipped with gas central heating and uPVC windows, aesthetic and functional improvements can be made throughout. The bathroom is functional but could benefit from modernization. Additionally, there is potential to further develop the enclosed orchard area at the back of the garden or add outbuildings utilizing the existing power supply. With proximity to natural parks and local amenities, this property presents a unique opportunity for investment in a desirable location.

Investment Analysis

(NR32 area)
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Chestnut Avenue, Oulton Broad, Lowestoft, Suffolk, 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
£1,282
Based on a loan of £262,500 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