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Stevens Street, Lowestoft, NR32

East of England

£150,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
797 sqft

Description

This three-bedroom mid-terrace property, available with no onward chain, presents a promising opportunity for renovation in the vibrant area of North Lowestoft. The generous layout includes a spacious lounge/diner and a kitchen/breakfast room featuring French doors that lead to a manageable garden, making it ideal for family living or rental investment. The upstairs hosts three well-sized bedrooms alongside a family bathroom, providing ample space for reconfiguration or modernisation. Although currently equipped with double glazing and gas central heating, there is significant scope to enhance the interiors to meet contemporary standards. Off-road parking at the front adds practicality, while the enclosed rear garden includes an outbuilding that could be transformed into a useful workspace or storage area. This home is perfectly positioned near local amenities and transport links, offering further potential for capital appreciation after refurbishment.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£188/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
£212,424
10% above area average per sq ft
Potential ROI
+21.4%
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

Stevens Street, Lowestoft, NR32
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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
£541
Based on a loan of £112,500 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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