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Grand Avenue, Pakefield, Lowestoft, Suffolk,

East of England

£695,000
Listed on 02/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1542 sqft

Description

This three-bedroom detached home located in the desirable East Pakefield area presents an exceptional chance for renovation and investment. With stunning panoramic sea views of Pakefield beach, this property stands out not only for its location but also for its considerable potential for enhancement. The generous gardens encircling the house allow ample opportunity for expansion, such as adding balconies or constructing outbuildings suitable for holiday accommodation (subject to obtaining necessary planning permissions). The interior features a welcoming entrance porch, a spacious lounge/diner with large windows framing picturesque coastal views, and a cozy formal dining room that connects seamlessly to the kitchen. An L-shaped conservatory further emphasizes the seaside setting. Upstairs, three double bedrooms afford residents beautiful views of the coastline along with a family bathroom. Although the property includes central heating and double-glazed windows, it is ripe for modernisation and personal touches. Properties like this in such a coveted seaside locale are uncommon; therefore, early exploration of this unique opportunity is suggested.

Investment Analysis

(NR33 area)

Above Market Value

This property is priced +73.6% above area average per sq ft

+73.6%
This Property
£451/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£440,418
10% above area average per sq ft
Potential ROI
-41.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NR33)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -3.1%
5 year growth: +20.1%
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

Grand Avenue, Pakefield, Lowestoft, Suffolk,
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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
£2,507
Based on a loan of £521,250 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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