Property · NR33 0DY
For saleReduced £50k (−20%) on 21 JunListed 357 days
Opportunity summary
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About
Freehold for sale - by informal tender price guide £250,000 closing date – To be Confirmed after a marketing period Having been declare surplus to the Methodist Church Mission in Lowestoft we offer this landmark mid Twentieth Century built Church for Sale.
The church occupies a prominent corner site (London Road South and Carlton Road) would suit as number of community-based uses or convert to other uses - commercial or residential.
The church is located in a Conservation Area. •484 sq.
Mtrs- overall •Site Area – 0.25 acres Lowestoft Lowestoft is England's most Easterly town and has an active port with Marinas and commercial users.
It is actively involved in fabrication for the offshore energy industry, wind farms and is the base for Orbis Energy a centre of excellence for the offshore renewables business.
Cefas, a world leader in marine science and technology is based in Lowestoft.
The south shore of Lake Lothing has in part undergone re-development with food stores business parks small industrial units and marina complexes.
Lake Lothing has locked access to the Broads (via Oulton Broad) with its water borne access to Norwich, Great Yarmouth and the northern Broads.
East Suffolk Council is the administration area and has a population of about 72,000.
In the summer months the population increases as the area has a vibrant holiday industry with award winning sandy beaches. Lowestoft has a main railway station (Liverpool Street London, approx.
3 hours) and Norwich, approx. 30 minutes. A new third river crossing was completed in 2024.
Location London Road South is a popular residential area with a secondary retail area and is within a five minute walk from the promenade and beach.
Tender Freehold Overage There will be an overage provision within the contract for sale.
Depending on use on sale and end selling price the overage should be a payment of 50% any increase in value created by a planning consent in alternative use over a 25-year period.
Planning / Use Prospective Purchasers are asked to make their own enquiries. There has been no planning work undertaken by the seller prior to offering the property.
Possession Vacant possession upon completion. Legal Costs Both parties are responsible for their own legal costs. Services Mains water, electricity and drainage are connected to the property.
Local Authority East Suffolk Counci Accommodation Entrance Church - 9.72m x17.87m (two storey eaves) Reception Hall - 7.45m x 8.00m Meeting Room - 4.9m x 6.8m WC x 3 Office - 3.5m x 2.2m Oasis 5.091m x 3.6m There are small curtilage areas around the church.
Viewing By arrangement with the Selling Agents. Contact Mark Duffield Mobile: Identity Checks The Money Laundering Regulations require us to conduct checks upon all Prospective Parties.
Prospective Parties will need to provide proof of identity and residence. For a Company any person owning more than 25% must provide the same.
Agent Details For further details please contact: Mark Duffield
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.
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FAQ
About South Lowestoft Methodist Church, London Road South, Lowestoft
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