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Gorleston Road, Lowestoft

East of England

£250,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
Semi Detached Bungalow
Area
896 sqft

Description

This semi-detached bungalow in Lowestoft presents a unique opportunity for investors or homeowners looking to add value through renovations. While the property is currently in a move-in ready condition, its layout and features such as the spacious sitting/dining area and three bedrooms offer potential for further enhancement. The modern Howdens kitchen and newly installed shower room are appealing touches, yet there remains scope to consider extending at the rear or converting the insulated loft space (subject to planning permission). Outside, the generous private garden, storage shed, and detached garage provide additional utility and potential for landscaping or development. Located in a family-friendly area with access to local amenities, schools, and transportation options, this property not only offers comfort but also investment potential as it allows for future customization to suit personal preferences or market demands.

Investment analysis

(NR32 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£279/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£240,339
10% above area average per sq ft
Potential ROI
-17.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -7.9%
5 year growth: +8.5%
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

Gorleston Road, Lowestoft
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-3.8% since listed
£250,000£10,000(-3.8%)
06/11/2025
Current price
£260,000Initial listing
23/10/2025

Next Steps

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