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Alma Road, LOWESTOFT

East of England

£60,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This mid-terrace two-bedroom house presents an excellent investment opportunity in the sought-after coastal town of Lowestoft. Situated in a residential area, the home is primed for a comprehensive renovation to unlock its full potential. The layout includes two reception rooms and a kitchen on the ground floor, with two bedrooms and a family bathroom located on the first floor. While the property requires modernization throughout, it is perfectly positioned to benefit from the vibrant local amenities, including shops, restaurants, and access to beautiful beaches. This refurbishment project could yield significant rewards for both first-time buyers and seasoned investors looking to capitalize on this appealing location.

Investment Analysis

(NR32 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £45,000
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
14%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.5%
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

Alma Road, LOWESTOFT
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £45,000 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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