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

Mendip Road, Oulton Broad, Lowestoft, Suffolk, NR32

East of England

£230,000
Listed on 08/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow is situated within the sought-after Oulton Broad area, a location that offers convenient access to the Broads National Park and local amenities, including direct rail connections to Norwich City Centre. The property features an adaptable layout that includes an entrance porch, a spacious 'L' shaped hallway, an open plan lounge/diner, a kitchen with adjoining conservatory, three bedrooms, and a modern shower room. The exterior presents a long driveway with ample off-road parking leading to a brick-built garage, while the rear garden provides significant potential for enhancement or extension (subject to planning permission). While the bungalow benefits from double glazing and gas central heating via an efficient combination boiler, it does require some basic updates. Given its realistic asking price and prime location, this property could be an excellent investment opportunity for those looking to add value through renovation.

Investment Analysis

(NR32 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.5%
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

Mendip Road, Oulton Broad, Lowestoft, Suffolk, NR32
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 over 30 years at 4.06% 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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