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Long Road, Lowestoft

East of England

£270,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1427 sqft

Description

This detached home presents a unique opportunity for investors or DIY enthusiasts seeking a project in Lowestoft. Set on a generous plot, the property offers flexible living spaces ripe for renovation or expansion (subject to planning permission). The open-plan sitting and dining area, adorned with a charming traditional fireplace, serves as a central hub. A sunroom enhances the living experience by seamlessly connecting the interior to the expansive garden outside. The kitchen, featuring practical cabinetry and a utility room, is functional yet has room for modernization. Two sizeable double bedrooms are complemented by a wet room and separate WC, providing ample space for family living. The exterior is equally compelling, boasting a large front garden that ensures privacy and an extensive rear garden equipped with patio space, lawn, summerhouse, and greenhouse—ideal for both relaxation and entertaining guests. Off-road parking options are plentiful with additional space provided by a detached garage. With local services within easy reach and the coast just minutes away, this property not only offers comfortable living but also significant investment potential in a desirable area.

Investment Analysis

(NR33 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£189/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£407,887
10% above area average per sq ft
Potential ROI
+31.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR33)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.6%
5 year growth: 24.1%
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

Long Road, 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
£989
Based on a loan of £202,500 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.

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