2-bedroom terraced house · NR32 2AN
Sold STCListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary [guide price £100,000 - £110,000] A brilliant opportunity to purchase a freshly renovated, no chain, two-bedroom property in Lowestoft Town, perfect for investors looking for a high yield, or those after a well-connected first time residence!
Description Situated conveniently in Lowestoft Town, within walking distance to Lowestoft Train Station (providing multiple links to major hubs such as Norwich and Ipswich), this freshly renovated two-bedroom mid-terraced home along Tonning Street is ideal for those after a high-yield, ready-to-go investment, or perhaps a first-time purchase for those looking to stay in a reasonable budget.
Inside the property, the downstairs contains a spacious, open-plan lounge/diner, connecting to a well-equipped kitchen, providing suitable connections for desirable white goods.
The bathroom to the rear holds both a W/C and bathroom, allowing easy downstairs access. Upstairs, the property holds two double-bedrooms, perfect for a couple or growing family.
There is a third additional space further up, which can easily be utilised as additional storage, an office, or activity space.
To the rear, a well-maintained, low-maintenance concrete plot provides sufficient space to enjoy the outdoors, being level enough for furniture.
To the front, a brick-walled frontage acts as a separating area, allowing you to enter and exit the property without direct entry onto the pavement.
Shops, public transport and local amenities are all within striking distance of the property, allowing you to integrate into the area with ease.
Viewings are highly recommended to appreciate what is on offer. Lounge Double glazed windows to front and rear. Carpet flooring. Radiator. Kitchen Double glazed window to side.
Tiled flooring and part tiled walls. Fitted units and worktops. Sink and drainer. Plumbing for washing machine. Space for gas oven.
Lobby Double glazed door to side leading to rear garden.Tiled flooring. Bathroom Double glazed window to rear. Tiled flooring and walls. Wc and wash hand basin. Bathtub. Radiator.
Landing Access to bedrooms one and two. Carpet stairs and landing. Bedroom One Double glazed window to front. Carpet flooring. Radiator. Bedroom Two Double glazed window to rear.
Stairs leading to attic room. Carpet flooring. Radiator. Attic Room Double glazed window to rear. Carpet flooring. Rear Garden Laid patio courtyard style rear garden.
Fence surrounding with rear access gate. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 56, Tonning Street, Lowestoft
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