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Denmark Road, Lowestoft NR32

East of England

£150,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Block Of Flats

Description

This period property comprises three self-contained one-bedroom flats, each with separate utility and council tax registrations. Conveniently situated within walking distance of Lowestoft town centre, the flats provide essential amenities and strong transport connections. Each flat offers a comfortable living area, kitchen, bathroom, and spacious bedroom. Notably, Flats One and Two have direct access to a communal rear garden with service road access, while off-road parking is available at the front. Though some significant external upgrades have been completed—including new UPVC double glazing, a replaced rear flat roof, and modern gas central heating for the ground floor—there are considerable internal renovation opportunities that can increase rental yield and overall property value. This presents an excellent investment potential in a desirable coastal location. The property is sold with tenants currently in situ, adding immediate income potential for prospective buyers.

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Investment analysis

(NR32 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Denmark Road, Lowestoft NR32
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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
£567
Based on a loan of £112,500 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

Price History

-25.0% since listed
£150,000£25,000(-14.3%)
28/06/2026
Current price
£175,000+£15,000(+9.4%)
16/05/2026
£160,000£40,000(-20.0%)
16/01/2026
£200,000Initial listing
22/07/2025

Next Steps

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