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Ferndale Avenue, Lowestoft

East of England

£300,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1625 sqft

Description

This substantial detached house in the coastal town of Lowestoft offers a unique opportunity for renovation and personalisation. With a flexible layout, the property features an open plan living and dining area that overlooks the generous garden, making it an ideal space for entertaining. The kitchen includes essential fittings along with a breakfast area, while the ground floor accommodates a double bedroom, a study for work-from-home convenience, and a modern bathroom. Upstairs, two additional double bedrooms provide ample sleeping space and useful storage options due to eaves access. The expansive rear garden is perfect for outdoor activities or gardening enthusiasts, featuring both seating areas and established greenery. On the practical side, the brick weave driveway can accommodate multiple vehicles and leads to a detached garage. This home is positioned well within easy reach of local amenities and coastal attractions, making it an appealing project for those looking to create their dream residence.

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Investment analysis

(NR32 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£185/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£435,882
10% above area average per sq ft
Potential ROI
+28.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -7.9%
5 year growth: +8.5%
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

Ferndale Avenue, Lowestoft
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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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