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Clemence Street, Lowestoft

East of England

£155,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
815 sqft

Description

This mid-terrace family home presents a combination of comfortable living and exciting renovation potential, ideal for first-time buyers or savvy investors. The property features three spacious bedrooms and a bright dual-aspect lounge/diner that invites natural light throughout the day. A modern kitchen connects seamlessly to a west-facing garden, creating an opportunity for outdoor enjoyment and entertaining. Recent improvements, including new carpets and a fully renewed roof with a 20-year warranty, provide a solid foundation while leaving room for personal touches and enhancements. Just a short distance from local amenities, schools, and transport links, this residence offers both convenience and the chance to add value through further modifications. Clemence Street is situated in the quieter northern part of Lowestoft, within easy reach of the town centre and seafront attractions. The locale boasts various shops, supermarkets, cafés, and primary as well as secondary schooling options—all within close proximity—making it an excellent spot for families. The welcoming entrance includes space for coats before leading into the hallway and flowing into the generously sized lounge/diner equipped with laminate flooring. The kitchen is functional with ample storage space and direct access to the outdoor area. Upstairs consists of three well-proportioned bedrooms providing flexibility for different living arrangements. The shower room serves these spaces adequately but has potential for improvement or reconfiguration. With gas central heating ensuring warmth throughout seasons, this property is primed for customization to suit modern lifestyle demands. The well-sized garden is primarily laid to lawn with mature borders—an ideal canvas for gardening enthusiasts or those looking to enhance outdoor leisure areas. There’s also potential at the front for off-road parking with necessary permissions.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -21.5% below area average per sq ft

-21.5%
Potential saving
This Property
£190/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,222
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Clemence Street, 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
£559
Based on a loan of £116,250 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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