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Oulton Road, Lowestoft

East of England

£240,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
942 sqft

Description

This three-bedroom end-of-terraced home in North Lowestoft presents a promising opportunity for buyers looking to invest in a property with renovation potential. While it already boasts a modern kitchen/diner featuring integrated appliances and ample storage, further updates could elevate the living space to match contemporary standards. The spacious lounge benefits from natural light due to rear-facing windows, but could use aesthetic enhancements to fully capitalize on its inviting layout. Upstairs, the property's three bedrooms provide versatility, with two being generous doubles and the third serving well as a single room or office. The existing bathroom and separate W/C are functional yet may require updating to appeal to modern tastes. The outdoor areas include a south-facing garden that is low-maintenance but holds potential for landscaping improvements, plus a front yard that could accommodate off-street parking (subject to planning permission). With convenient access to local amenities including schools and transport links, this home is an ideal canvas for those seeking to create their perfect family environment.

Investment Analysis

(NR32 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£255/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£250,294
10% above area average per sq ft
Potential ROI
-5.5%
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
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

Oulton 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
£856
Based on a loan of £180,000 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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