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Orford Drive, Lowestoft

East of England

£200,000
Listed on 27/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
889 sqft

Description

Set on a spacious corner plot, this 2-bedroom detached bungalow presents an exciting opportunity for renovation and personalization. The layout features generously sized living areas, including a well-equipped kitchen that opens to the private garden, ideal for enhancing outdoor space. The lounge/diner boasts an exposed fireplace and flows into a bright conservatory, making it perfect for those who value open living. With two comfortable bedrooms and a family bathroom, this property is a blank canvas awaiting your vision. Its chain-free status adds to its appeal, allowing for quick renovations or reconfiguration. Located in the desirable area of Oulton Broad, the property offers easy access to local amenities and transport links while being positioned near scenic nature trails and coastal attractions. The rear garden offers ample potential for landscaping or creating your ideal outdoor retreat, complemented by an outbuilding for additional storage. Overall, this home holds significant investment potential in a community-focused neighborhood.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£225/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£238,461
10% above area average per sq ft
Potential ROI
+6.0%
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

Orford 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
£721
Based on a loan of £150,000 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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