Detached house · NR33 0PP
Listing removedListed 126 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to lease a secure open storage yard in a highly accessible location on Mill Road, Lowestoft.
Extending to approximately 623 sq m (6,706 sq ft), the site benefits from a secure coded entrance gate and includes a 40ft shipping container, providing valuable on-site storage accommodation suitable for a variety of commercial uses.
The property occupies a convenient position close to one of Lowestoft’s principal industrial estates and is within easy reach of several major national retailers including Asda, McDonald’s and Dunelm.
Lowestoft town centre, bus station and railway station are all within a short walking distance, providing excellent connectivity for businesses and staff alike.
The level, secure yard offers flexible external space suitable for storage, vehicle parking, contractors’ compounds, trade uses, and a range of other commercial operations, subject to any necessary consents.
Available for immediate occupation, this is a rare opportunity to secure a well-located and easily accessible yard within one of Lowestoft’s established commercial areas.
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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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
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FAQ
About Mill Road, Lowestoft
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