This listing presents a unique opportunity to acquire two flats in Lowestoft, perfect for those seeking a renovation project with significant investment potential. The properties are sold together, offering a chance to maximize returns through refurbishment. Flat A features an open-plan living area with vaulted ceilings and existing loft spaces that could be transformed into additional accommodation, potentially increasing the unit's size to a four-bedroom flat, pending necessary approvals. Flat B is currently stripped out, allowing for complete customization according to your vision.
With rental prices in this desirable area reaching approximately £750 per month for similar two-bedroom properties, there is strong potential for a healthy return on investment—estimated at around 14.4% when purchased at the suggested guide price. Convenient transport links enhance its appeal for commuters, making it an attractive option for both investors and future tenants.
The property provides access to useful brick-built storage outside and is located within a thriving coastal community known for its amenities and proximity to transport services towards Norwich and London.
