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See how verdicts work2-bedroom house · NR32 5HS
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are delighted to offer this spacious two bedroom holiday bungalow, occupying one of the most desirable positions within Waterside Park.
Situated at the front of the park, the property enjoys stunning sea and beach views, which can be seen from all of the front facing windows and the decked seating area.
The well presented holiday home has 12 month holiday licence and offers versatile accommodation comprising a bright open-plan lounge and kitchen area, two double bedrooms, and a modern fitted shower room.
Waterside Park provides a range of excellent on-site facilities, including residents’ parking, a clubhouse and an indoor swimming pool.
Early viewing is highly recommended to fully appreciate the quality of this well presented holiday home, its enviable position and the spectacular sea views it has to offer.
Lounge (3.80 x 3.23 (12'5" x 10'7")) Modern laminate flooring, power points, TV point, coved ceiling, large aspect uPVC window with panoramic sea views, uPVC entrance door, wide opening leading to:- Open Plan Kitchen Area (2.56 x 1.5 (8'4" x 4'11")) Laminate flooring, a range of fitted wall and base units with extended work surfaces, built-in electric oven, four burner electric hob, extraction cooker hood, recess and plumbing for automatic washing machine, stainless steel sink with single drainer, tiled splashbacks, uPVC window, power points.
Bedroom 1 (2.9 x 2.38 (9'6" x 7'9")) Laminate flooring, coved ceiling, power points, wall mounted electric heater, full length fitted wardrobe, uPVC window with panoramic sea views.
Bedroom 2 (2.84 x 2.45 (9'3" x 8'0")) Laminate flooring, uPVC window, wall mounted electric heater, power points, TV point, full length fitted wardrobe.
Shower Room Vinyl flooring, modern shower suite comprising of an oversized fully tiled shower cubicle with curved glass screen doors, pedestal sink, low level WC, part tiled walls, inset spotlighting, coved ceiling, uPVC window, extractor fan.
Outside Outside there is a timber decked seating area - ideal for bistro style dining. The decking area does provide panoramic sea views.
Tenure And Costs Leasehold 12 Month Holiday Use Council Tax Band A Ground Rent - £2065 Service Charge - £3231 Any Purchaser Must Have Another Fixed Address
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 120, Waterside Park, The Street, Lowestoft
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