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Willow Road, Lowestoft

East of England

£330,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1023 sqft

Description

Situated in a tranquil cul-de-sac in the desirable area of Pakefield, this three-bedroom detached bungalow presents an excellent opportunity for renovation and potential development, subject to planning permissions. The property has been cherished by the same family since 1957, combining classic charm with spacious, adaptable living. The home features inviting open-plan areas, complete with a cozy log burner and a sunlit sunroom that offers lovely views of the beautifully maintained gardens, which include a pond and a waterfall, creating an idyllic outdoor retreat. This unique garden space could serve as a premium investment opportunity for landscaping enhancements or extensions. With ample off-street parking leading to a substantial garage and workshop, this property also benefits from established greenery providing both privacy and curb appeal. Inside, you’ll find original architectural details such as arched brickwork alongside modern conveniences like an efficient kitchen equipped for everyday use. The main bedroom is complemented by built-in wardrobes and there are two additional bedrooms that can easily be converted into versatile spaces according to your needs. The wet room adds practical functionality while remaining comfortable. Outside, the expansive gardens are not only a place for relaxation but also offer considerable potential for further development or improvement projects (STPP), making it ideal for those looking to invest in their future.

Investment Analysis

(NR33 area)

Above Market Value

This property is priced +25.1% above area average per sq ft

+25.1%
This Property
£323/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£290,102
10% above area average per sq ft
Potential ROI
-25.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -4.0%
5 year growth: +19.7%
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

Willow Road, 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
£1,190
Based on a loan of £247,500 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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