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Kirkley Run, Lowestoft

East of England

£160,000
Listed on 03/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
770 sqft

Description

This two-bedroom end-terrace home in Kirkley offers an excellent opportunity for potential buyers interested in putting their personal touch on a property. With chain-free availability, it presents a viable option for first-time investors looking for a project. The well-sized living spaces include a front-facing living room featuring a traditional fireplace and a dining area that opens into the kitchen, which is ready to accommodate your choice of appliances. Upstairs, you'll find two spacious double bedrooms complemented by a family bathroom equipped with a corner bathtub. Outside, the expansive west-facing garden on a double-width plot is ideal for outdoor activities and gardening, complete with paved seating areas and multiple storage sheds, including a summerhouse with greenhouse potential. Additional features such as off-road parking and a double garage enhance the property's versatility. With a relatively new boiler installed just three years ago, this residence is comfortable as it stands but also ripe for modernization and enhancement to increase its value.

Investment Analysis

(NR33 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£208/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,975
10% above area average per sq ft
Potential ROI
+17.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -4.5%
5 year growth: +17.1%
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

Kirkley Run, Lowestoft
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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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