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Raglan Street, Lowestoft

East of England

£110,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
652 sqft

Description

This charming mid-terrace property presents a unique opportunity to acquire a slice of Lowestoft’s rich history, featuring a Grade II listed smokehouse that dates back to circa 1760. The home embodies original character while offering two reception areas, a kitchen primed for modernisation, a ground-floor bathroom, and three well-proportioned bedrooms. A fully enclosed courtyard at the rear leads to the notable smokehouse, characterized by its historic brickwork, tiled roof, and stable-style doors, providing potential for various uses with appropriate planning permissions. Additionally, a covered carport with storage enhances practicality and could be converted into workshop space or an outbuilding, subject to consent. This property reflects both historical significance and investment potential for those looking to revive or adapt its spaces. Situated on Raglan Street in northern Lowestoft, this residence is conveniently located within walking distance of the town centre and seafront. Local amenities include small convenience stores and independent shops nearby on High Street and London Road North. For more extensive shopping needs, larger supermarkets and national retailers are easily accessible. Educational facilities are well-represented in the area with several primary schools and secondary academies within reach. Transport links are robust; Lowestoft railway station offers connections to Norwich and beyond, complemented by local bus services facilitating access around the town and coastal villages. This property not only promises historical charm but also carries significant renovation potential for the discerning buyer.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£169/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£173,383
10% above area average per sq ft
Potential ROI
+8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR32)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -6.5%
5 year growth: +6.3%
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

Raglan Street, 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
£390
Based on a loan of £82,500 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.

Stamp Duty Calculator

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