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Essex Road, Lowestoft

East of England

£140,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Nestled in a sought-after area of West Lowestoft, this older-style terraced property presents an opportunity for those looking to invest or personalize their living space. With its convenient proximity to local amenities, including the town centre and train station, this home is positioned perfectly for ease of access. The property is available with no onward chain, making it an attractive option for first-time buyers or investors alike. The house features gas central heating and double glazing throughout, providing a solid foundation for modern comfort. The layout includes an entrance porch that opens into separate lounge and dining areas, offering flexibility in how the spaces can be used—ideal for relaxing or hosting gatherings. The compact kitchen and ground floor bathroom complete the downstairs accommodation. Upstairs are three bedrooms, which offer sufficient space for families or potential guests, along with the possibility of setting up a home office environment. There is significant scope to enhance and modernize the interiors to reflect personal taste. Outside, the long rear garden requires minimal maintenance and could also allow for off-road parking with appropriate permissions—adding further value to this already appealing home. This property stands as a promising project for renovators eager to make improvements while benefiting from a prime location.

Investment Analysis

(NR32 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
11%
Properties sold annually

Local Market Trend (NR32)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.9%
5 year growth: +7.5%
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

Essex Road, Lowestoft
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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
£499
Based on a loan of £105,000 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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