3-bedroom detached house · NR32 2LQ
For saleReduced £5k (−2.9%) on 17 OctListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are delighted to present this unique three bedroom detached home in a highly convenient North Lowestoft location, offering a spacious garden and off-road parking via a private driveway.
Formerly a net store, the property has been cleverly converted to create a well-proportioned family home featuring a wide entrance hall with a galleried staircase, a generous front-to-back lounge and an open-plan kitchen/diner.
The first floor provides an impressive L-shaped galleried landing, three separate bedrooms and a family bathroom, along with a versatile loft room ideal for use as a hobby or games room, with potential to convert into two additional bedrooms subject to planning permission.
Outside, the lawned garden is accessed via double gates, offering scope for further off-road parking if required.
The home also benefits from uPVC double glazing, central heating and is within easy walking distance of Lowestoft town centre, beaches and the railway station with direct links to Norwich.
Offered with no onward chain, this superb detached property represents an excellent opportunity and early viewing is strongly recommended.
Wide Entrance Hall Laminate flooring, galleried staircase leading to the first floor, power points, radiator, uPVC entrance door, large aspect uPVC windows, door leading out to rear garden.
Lounge (4.71 x 3.14 (15'5" x 10'3")) Fitted carpet, flat plastered and coved ceiling with inset spotlighting, radiator, power points, double aspect uPVC windows, tv point.
Open Plan Kitchen/Diner (5.01 x 3.25 (16'5" x 10'7")) Laminate flooring, a full range of fitted kitchen units with extended work surfaces, double stainless steel sink with single drainer, recess for white goods including plumbing for a washing machine, built in electric oven and hob, enclosed extraction cooker hood, uPVC window, radiator, ample space for family size dining table and chairs.
First Floor Landing Full sized 'L' shaped galleried landing creating three separate bedrooms. Fitted carpet, flat plastered and coved ceiling, inset spotlighting, power points.
Bedroom 1 (4.8 x 3.11 (15'8" x 10'2")) Fitted carpet, double aspect uPVC windows, two feature skylight window, radiator, power points, tv point, flat plastered and coved ceiling with inset spotlighting.
Bedroom 2 (2.94 x 3.21 (max) (9'7" x 10'6" (max))) Fitted carpet, flat plastered and coved ceiling with inset spotlighting, radiator, power points, tv point, Velux style skylight window.
Bedroom 3 (3.04 x 2.29 (9'11" x 7'6")) Fitted carpet, flat plastered and coved ceiling with inset spotlighting, large aspect uPVC window, radiator, power points, tv point.
Bathroom Ceramic tiled flooring, white bathroom suite comprising of a panel bath with shower over, low level WC, pedestal sink, radiator, tiled splashbacks, extractor fan, Velux style skylight window.
Loft Room (8 x 4 (approx) (26'2" x 13'1" (approx))) Fully boarded, ideal to be used as a hobby or games room, has potential to be converted into two bedrooms (subject to planning permission).
This room is currently accessed by a ladder but does have windows to allow natural light.
Outside There is a separate garden area with a driveway providing off road parking directly opposite the property.
The garden area offers ample space for further enclosed off road parking if required or for outdoor entertaining. The garden is laid to lawn and enclosed by high fencing.
Tenure Freehold Services Mains water, electricity, drainage. Council Tax Band 'B' Ref: L2548/02/26
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About The Old Net Store, Cross Keys, Lowestoft
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