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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 unique Grade 2 Listed St Nicholas Church in East Pakefield presents a distinctive opportunity for creative redevelopment. Located just a minute's walk from the beach, this substantial building offers a variety of potential uses, both residential and commercial, pending necessary planning approvals. Its generous wraparound gardens include two sizeable lawned areas that may also be suitable for development as building plots, subject to local permissions. Internally, the space features a large main church hall with vaulted ceilings and ample natural light from triple aspect windows, alongside a rear church hall and multiple reception areas. The property retains considerable character and could be transformed into a community hub, restaurant, bar or even residential units. This is an excellent chance for investors or developers to acquire a property rich with potential in a desirable location.

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Investment analysis

(NR33 area)
Area Average
£256/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -1.9%
5 year growth: +16.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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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