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Morton Road, Pakefield, Lowestoft, Suffolk

East of England

£250,000
Listed on 05/05/2026

Property Details

Bedrooms
N/A
Type
Town House

Description

This Grade II listed St Nicholas Church offers a unique and substantial opportunity for renovation and redevelopment in the desirable East Pakefield area, just a minute's stroll from the beach. With its impressive architectural features, including high vaulted ceilings and expansive windows, this character-rich building could be transformed into various residential or commercial spaces, pending necessary planning permissions. The property includes generous wraparound gardens, with two large lawn areas that present potential for further development as standalone plots, also subject to planning consent. Internally, the layout consists of a main church hall, additional reception areas, kitchen facilities, and multiple W.C.s. The versatility of this space makes it suitable for various uses such as a community hub, restaurant, or conversion into multiple residences. Viewing is strongly encouraged to appreciate the scope and scale of this remarkable property.

Investment Analysis

(NR33 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -4.9%
5 year growth: +17.0%
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

Morton Road, Pakefield, Lowestoft, Suffolk
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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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