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High Street, Lowestoft

East of England

£500,000
Listed on 31/12/2025

Property Details

Bedrooms
9
Type
Detached house
Area
3912 sqft

Description

The Globe Inn presents a distinctive investment opportunity in the heart of Lowestoft, a historic public house established around 1861, currently generating a notable combined income of approximately £56,580 annually from its pub and upper-floor residential units. The ground floor hosts a well-established pub and restaurant space with a fully equipped kitchen and practical facilities, making it ready for continued operation or a fresh rebranding strategy. The upper levels contain nine bedrooms served by communal amenities, which could be transformed into individual self-contained apartments to maximize earning potential. Situated on Lowestoft’s High Street within a Heritage Action Zone, the property enjoys strong foot traffic from locals and visitors alike, benefiting from nearby amenities and transport links. With its existing income streams and the potential for modern renovation or expansion, The Globe Inn is an appealing proposition for investors looking to capitalize on the growing demand in this vibrant coastal town.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -47.3% below area average per sq ft

-47.3%
Potential saving
This Property
£128/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,043,956
10% above area average per sq ft
Potential ROI
+68.4%
After renovation
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

High 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
£1,832
Based on a loan of £375,000 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.

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