2-bedroom terraced house · NR33 0EZ
To rentListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds Lettings are delighted to offer this superbly presented two double bedroom, two reception room Victorian house situated close to local shops and within easy reach of the Town centre.
The accommodation comprises of an entrance hall, living room, separate dining room, superb kitchen, two double bedrooms, modern bathroom with shower over the bath, double glazing, gas central heating, parking, garden, EPC rating D, Council Tax Band A, unfurnished Entrance Hall Part glazed front door to entrance hall.
Stairs to first floor. Living Room (3.7 x 3.3 (12'1" x 10'9")) Large living room, front aspect window, feature fireplace, radiator.
Dining Room (3.6 x 3.3 (11'9" x 10'9")) Separate dining room, rear aspect window, built in storage cupboard, radiator.
Kitchen (3 x 2.5 (9'10" x 8'2")) Superb modern kitchen with ample storage and work surface. Space and plumbing for appliances.
Bedroom 1 (4.20 z 3.7 (13'9" z 12'1")) Big double bedroom, front aspect window, radiator. Bedroom 2 (3.6 x 2.7 (11'9" x 8'10")) Second double bedroom, rear aspect window, radiator.
Bathroom Superb modern white suite comprising bath with shower over, WC and wash basin. Frosted window, radiator.
Garden Larger than average fully enclosed courtyard garden, mainly hard landscaped for easy maintenance. Parking On street parking.
Additional Information Rent Rent is exclusive of Council Tax, water rates, sewerage rates. The rent is payable monthly in advance.
Tenancy Assured Periodic Tenancy Terms no smoking additional info All applications for tenancy to be on a form which can be obtained from this office.
A non-refundable holding deposit equivalent to one week's rent will be required. This will be transferred towards the first month’s rent on commencement of the tenancy.
The rent is payable monthly in advance and a Dilapidations deposit equivalent to 5 weeks' rent will also be required when agreements are signed.
The Dilapidations Deposit is returnable after completion of a satisfactory tenancy.
The aforementioned charges would be payable by bankers draft, a cheque drawn on a Building Society account, cash or Debit Card. Not A personal cheque.
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
Agent & docs
FAQ
About 3, Payne Street, Lowestoft
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