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Raglan Street, Lowestoft

East of England

£100,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
643 sqft

Description

This mid-terrace home in the coastal town of Lowestoft offers an excellent opportunity for both property investors and first-time buyers. Currently generating a rental income of £650 per month, the house spans three levels, providing adaptable living spaces that can cater to various lifestyle needs. With three bedrooms, a welcoming living room, and a functional kitchen/dining area equipped with essential appliances, this property is ripe for renovation to enhance its appeal and rental potential. The private courtyard at the back allows for low-maintenance outdoor enjoyment, while on-road parking is available at the front. Located just a stone's throw from local amenities and schools, as well as convenient transport links to Norwich and beyond, this property combines location with investment potential. Its current configuration can be updated or reconfigured with moderate alterations to maximize its value in this growing coastal market.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£156/sq ft
Area Average
£245/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£173,359
10% above area average per sq ft
Potential ROI
+33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NR32)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -2.9%
5 year growth: 10.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE