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Sharon Drive, Lowestoft

East of England

£230,000
Listed on 13/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1005 sqft

Description

This detached bungalow, constructed by the reputable Warnes Builders, is positioned on a spacious plot that offers considerable potential for expansion or modernization (subject to planning permission). Ideal for individuals seeking single-level living or those looking to downsize, the property features an inviting entrance hall with ample storage. The double aspect sitting room boasts a traditional fireplace, while the adjacent garden room provides abundant natural light and seamless access to outdoor spaces. The home includes two double bedrooms—one fitted with built-in wardrobes—and a recently updated wet room equipped with contemporary fixtures. With its adaptable layout and generous dimensions, this property stands as a blank canvas for personal customization, making it an excellent investment opportunity. Situated in Lowestoft, Suffolk, this location combines suburban tranquility with close proximity to coastal attractions. Local amenities include convenience shops and supermarkets within short driving distance, alongside several schools catering to various educational needs, from primary through secondary levels. Public transport is readily available with bus routes connecting residents to Lowestoft town centre and beyond, along with nearby access to regional road networks via the A12 and A47. The inviting sandy beaches of Lowestoft are just a short distance away, enhancing the lifestyle appeal of this home. The outdoor area presents potential for enhancement as well; currently featuring a private paved rear garden surrounded by mature trees and established flower beds, it includes a timber summerhouse—ideal for outdoor gatherings or relaxation. A paved driveway accommodates multiple vehicles and provides access to a detached garage suitable for storage or workshop use. This property’s flexible design and prime location make it a promising prospect for those wishing to invest in their dream home while enjoying the advantages of coastal living.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£229/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£269,576
10% above area average per sq ft
Potential ROI
-0.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -3.2%
5 year growth: +11.0%
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

Sharon Drive, Lowestoft
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 over 30 years at 4.06% 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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