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Blackheath Road, Lowestoft, Suffolk, NR33

East of England

£240,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow offers a solid foundation for creative renovation and investment. Set within a generous plot, the rear garden measures approximately 108ft, providing significant space for potential extensions or the addition of outbuildings, subject to obtaining relevant planning permissions. The property features convenient vehicular access at the back, ideal for creating off-road parking or constructing a garage. Inside, the layout includes an entrance porch leading into a welcoming hallway, an expansive open-plan lounge/diner, two sizeable double bedrooms, and a modern kitchen well-equipped with necessary appliances. The shower room is contemporary in design while there is also a separate WC. Additional assets include uPVC double glazing and gas central heating powered by an efficient Worcester boiler. Positioned in desirable South Lowestoft near Pakefield, this property is conveniently close to local amenities and beautiful beaches. Although well-kept, it presents opportunities for enhancements that could elevate its value and appeal.

Investment Analysis

(NR33 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Blackheath Road, Lowestoft, Suffolk, NR33
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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
£850
Based on a loan of £180,000 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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