2-bedroom terraced house · NR32 4EZ
Listing removedListed 80 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and tidy two-bedroom terraced house situated in a convenient location on Somerton Avenue, Lowestoft.
The property offers comfortable and well-proportioned accommodation throughout, comprising a welcoming living room, a separate dining room, and a fitted kitchen.
The ground floor also benefits from a family bathroom.
Upstairs, there are two spacious double bedrooms, providing plenty of room for couples, small families, or those needing additional space for a home office.
Externally, the property includes the added benefit of an allocated parking space to the rear, offering convenient off-road parking.
Located close to local amenities, schools, and transport links, this property provides a practical and comfortable home in a popular residential area.
Holding Deposit £196.15 Equivalent to 5 weeks rent Security Deposit - £980.76 FlatFair (non refundable) 28% of the rent +VAT - £277.20 EPC - D Council Tax: A This property is available with a Deposit Free option which means that instead of paying a traditional five weeks security deposit, you pay a fee of 28% of the first months rent + VAT (subject to a minimum of £120 + VAT) to become a member of a deposit free renting scheme which significantly reduces the up-front costs.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.
Disclaimer Howards Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Howards Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Somerton Avenue, Lowestoft
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