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16 Swonnells Court, Lowestoft, Suffolk, NR32 3PY

East of England

£125,000

Listed on 07/12/2025

Property Details

Bedrooms

Type

Flat

Description

This second-floor two-bedroom flat offers a promising opportunity for renovation, positioned in a desirable area of the East of England. Currently requiring updating, the property features an entrance hall leading to a spacious reception room, two bedrooms, a kitchen, and a bathroom/WC. Additionally, it boasts a balcony and comes with the convenience of a garage and parking space. This flat presents a solid investment potential for those looking to enhance its appeal or create a comfortable living space tailored to modern tastes. Ideal for buyers interested in customization and refurbishment.

Investment Analysis

(NR32 area)

Area Average

£243/sq ft

Avg Rent (weekly)

£190

Avg Yield

4.4%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £30,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

16 Swonnells Court, Lowestoft, Suffolk, NR32 3PY

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments

£458

Based on a loan of £93,750 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.