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6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 1
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 2
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 3
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 4
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 5
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 6
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 7
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 8
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 9
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 10
6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ - Image 11

6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ

East of England

£140,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and investment in a tranquil residential area of Lowestoft. Currently vacant, the property boasts spacious living accommodations, including two comfortable bedrooms, a generous living room, a kitchen, and a practical shower room. One of the key features is the enclosed rear garden which offers potential for landscaping or extension, subject to planning permission. Additionally, a conservatory and separate garage enhance the property's versatility and appeal, making it suitable for various uses or future development. Situated close to local amenities and transport links, this location provides convenience for everyday living while maintaining a peaceful atmosphere. With some modernization efforts, this bungalow could become an inviting home or a profitable rental investment. Its condition allows for customization according to personal taste or market demand. The property is equipped with front and rear gardens alongside off-road parking options via the garage. This bungalow's freehold status adds extra value for potential owners looking to make long-term investments in Lowestoft’s real estate market. Viewings are available by appointment; please contact the Norwich office to schedule your visit.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

6 Honeysuckle Close, Lowestoft, Suffolk NR33 7EJ
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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
£513
Based on a loan of £105,000 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