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Sharon Drive, Lowestoft NR32 - Image 1
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Sharon Drive, Lowestoft NR32

East of England

£230,000
Listed on 14/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1005 sqft

Description

This detached bungalow, constructed by the reputable Warnes Builders, occupies a spacious plot in Lowestoft, presenting an exciting opportunity for renovation and potential expansion (subject to planning permission). Ideal for those seeking single-level living or looking to downsize, the property features a welcoming entrance hall with ample storage space. The double aspect sitting room is anchored by a traditional fireplace, providing a cozy atmosphere. A bright garden room enhances the indoor-outdoor flow, offering additional living space bathed in natural light. Two generous double bedrooms include built-in storage solutions for practicality. The recently updated wet room introduces contemporary amenities for convenience. The outdoor area includes a private rear garden primarily paved for low maintenance and bordered by mature landscaping, which could be transformed into a stunning outdoor retreat. Off-road parking is available on the driveway alongside a detached garage that can serve as either storage or a workshop. The front lawn offers an attractive entrance to the home. Positioned in a desirable residential area of Lowestoft, this property benefits from local shopping options and schools within easy reach, along with convenient transport links to the town centre and coastline. The combination of its location and flexible layout makes this bungalow an excellent candidate for those looking to invest in enhancing their living space while enjoying the coastal lifestyle.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -5.5% below area average per sq ft

-5.5%
Potential saving
This Property
£229/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£267,863
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.5%
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

Sharon Drive, Lowestoft NR32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 over 30 years at 4.06% 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.

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