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St. Peters Street, Lowestoft

East of England

£210,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow presents a rare opportunity in Lowestoft, situated conveniently for access to the town center while enjoying the tranquility of bungalow living. The property offers generous space and significant renovation potential for those wanting to tailor it to their own tastes or enhance its value through modernisation and extension possibilities (subject to planning permission). Inside, you'll find 2 spacious bedrooms complemented by a versatile second reception room that could serve as a 3rd bedroom. The family bathroom is functional but could benefit from updating. The bright lounge/diner provides ample room for both relaxation and entertaining, while the galley-style kitchen features practical worktop space and storage. The addition of a large rear conservatory further extends your living area, creating an ideal setting for family gatherings or potentially expanding the kitchen. Externally, the private rear garden is mature with ample room to design your perfect outdoor retreat, and the front driveway accommodates multiple vehicles—a valuable asset in this central location. With substantial room sizes and a layout primed for enhancement, this property is perfect for investors or those seeking to create their dream home. Early viewings are encouraged to truly appreciate its full potential. Please note: There is reported Japanese Knotweed at the rear of the garden, which may impact financing options; consultation with a mortgage lender is advised before proceeding with an offer.

Investment Analysis

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

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
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

St. Peters Street, Lowestoft
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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
£769
Based on a loan of £157,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE