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Highland Way, Lowestoft

East of England

£135,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached bungalow presents an excellent opportunity for investors or homeowners looking for a renovation project with considerable upside. The property is in need of refurbishment, and there is potential for extension if desired. The entrance leads into a space that includes a primary bedroom featuring bay windows and a coal effect fireplace, adding charm despite requiring updates. A second bedroom also offers front-facing views through double-glazed windows. The bathroom is partially tiled and includes a shower and hand washbasin, while there is a separate WC for convenience. The sitting room/dining area boasts rear-facing windows, a tile fireplace, and storage options but may benefit from modernisation. The kitchen, which connects to the conservatory, has essential fixtures in place but would require modern improvements for optimal functionality. The conservatory opens up to the enclosed rear garden, providing potential for further enhancement outdoors. With its brick wall enclosed front garden and side access, this property invites creativity in transforming it into a desirable living space.

Investment Analysis

(NR33 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NR33)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -3.1%
5 year growth: +20.1%
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

Highland Way, Lowestoft
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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
£487
Based on a loan of £101,250 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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