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Bourne Road, Lowestoft

East of England

£180,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
837 sqft

Description

Nestled in a tranquil cul de sac in Lowestoft, this mid-terrace residence offers a solid foundation for anyone looking to invest or personalize their living space. The layout features a naturally lit living room that flows seamlessly into an open-plan kitchen and dining area, complemented by a conservatory that enjoys views of the garden—a versatile space ideal for gatherings or relaxation. Upstairs, you'll find three spacious bedrooms, two with built-in storage solutions, along with a modern shower room and an additional WC. The rear garden is designed for easy upkeep, with multiple seating areas and vibrant plants, while a large summerhouse provides extra utility for storage or hobbies. Completing this property’s practicality is off-road parking for two vehicles. This home presents significant potential to update and customize according to your taste. With the right vision, it can transform into a perfect family abode or a lucrative rental option.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£215/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
£222,395
10% above area average per sq ft
Potential ROI
+8.5%
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

Bourne 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
£642
Based on a loan of £135,000 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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