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May Road, Lowestoft NR32 - Image 1
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May Road, Lowestoft NR32

East of England

£160,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1131 sqft

Description

This three-bedroom mid-terrace home, available with no onward chain, offers an excellent canvas for those looking to make their mark in a vibrant seaside community. The interior features a welcoming sitting room and a separate dining area that flows into a functional kitchen equipped with essential appliances like an integrated oven and four-ring ceramic hob, along with ample space for your washing machine and fridge-freezer. The property also boasts a versatile attic room for additional living or working space, plus a detached studio/shop that opens up exciting possibilities for entrepreneurs or creatives. Outside, the manageable front garden and private rear courtyard provide useful outdoor areas, complemented by a garden store for added convenience. Located in the northern part of Lowestoft, this home is just a short stroll from the beach and local amenities. Families will appreciate the proximity to schools and parks while benefiting from good transport links that connect you to surrounding areas including Norwich and Ipswich. This property not only offers access to coastal living but presents solid potential for renovation and personalisation, making it ideal for buyers looking to invest in their future while crafting a comfortable environment tailored to their needs.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -41.7% below area average per sq ft

-41.7%
Potential saving
This Property
£141/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£301,819
10% above area average per sq ft
Potential ROI
+50.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.3%
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

May Road, Lowestoft NR32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE