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Lloyds Avenue, Kessingland

East of England

£190,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
753 sqft

Description

Situated in a tranquil residential area of Kessingland, this semi-detached bungalow offers an excellent investment opportunity for those looking to personalize their living space. While the property is well-kept and comfortable for immediate occupancy, it also presents numerous avenues for modernization to reflect contemporary tastes. The home boasts spacious living areas, including a generous lounge complemented by a bright conservatory that overlooks the private rear garden. Two double bedrooms provide ample accommodation, while the outdoor space features both a lawn and patio area ideal for outdoor activities or entertaining guests. Located just a short walk away from essential amenities and within close proximity to the beach, this property benefits from its convenient setting in a coastal village known for its serene lifestyle. With local shops and schools nearby, and good transport links facilitating travel to larger towns such as Lowestoft and Beccles, the location is as attractive as the home itself. The internal layout features a practical kitchen/dining area equipped with various units that could be updated with modern fittings. The existing shower room is functional but could also benefit from refurbishment. Overall, this property not only offers immediate comfort but also significant potential for enhancement, making it an appealing prospect for both homeowners and investors alike.

Investment Analysis

(NR33 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£252/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£214,613
10% above area average per sq ft
Potential ROI
-0.2%
After renovation
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

Lloyds Avenue, Kessingland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 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.

Stamp Duty Calculator

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