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Kirkley Run, Lowestoft NR33

East of England

£160,000
Listed on 04/04/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
770 sqft

Description

This two-bedroom end-terrace property in Kirkley offers a solid foundation for first-time buyers or investors eager to make their mark. With approximately 770 sqft of living space arranged over two floors, the layout presents a practical opportunity for customization. As you enter, a welcoming hallway leads to a front-facing living room complete with a traditional fireplace, an ideal focal point for relaxation or entertaining. The separate dining area flows into a kitchen that offers the potential for modern appliances and personal touches. Upstairs, two spacious double bedrooms are complemented by a family bathroom featuring a corner bathtub, creating functional accommodation for everyday life. The property boasts an extensive west-facing garden on a double-width plot, which includes paved seating areas, lawns, and multiple storage sheds—ideal for gardening enthusiasts or those seeking additional outdoor storage. A summerhouse with greenhouse potential enhances the outdoor appeal and could serve as a workshop or recreational area. Additional conveniences include off-road parking and a sizeable double garage, along with practicalities such as a recently installed boiler (three years old). This home is chain-free and represents an attractive investment opportunity with significant scope for renovation, personalization, and value enhancement in this quiet yet well-connected residential area close to Lowestoft's coastal amenities.

Investment Analysis

(NR33 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£208/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£217,975
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -4.5%
5 year growth: +17.1%
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

Kirkley Run, Lowestoft NR33
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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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