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London Road South, Lowestoft

East of England

£500,000
Listed on 13/03/2026

Property Details

Bedrooms
6
Type
Detached house
Area
3175 sqft

Description

This property presents an exceptional redevelopment opportunity in Lowestoft, situated conveniently near the Pakefield Sea and Beach. The large, double bay fronted detached residence, constructed from brick and topped with a pin tiled roof, is set within approximately 0.53 acres of land (subject to survey), providing ample space for outdoor enhancements or extensions. Currently, the property boasts a generous layout that allows for various configurations and has previously obtained planning permission for the conversion into two semi-detached houses and one detached bungalow, although this has since lapsed. The interiors feature spacious reception areas with bay windows offering natural light, a functional kitchen with utility space, and six bedrooms spread over three floors. The bathroom includes desirable amenities such as a roll top bath with a shower above. Outside, the extensive gardens are laid to lawn and bordered by mature trees, presenting opportunities for landscaping or further development. This is a compelling project for investors looking to capitalize on the property's potential through renovation or redevelopment.

Investment Analysis

(NR33 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£157/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£900,367
10% above area average per sq ft
Potential ROI
+50.1%
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

London Road South, 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
£1,803
Based on a loan of £375,000 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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