3-bedroom house · NR32 5HS
Listing removedReduced £7k (−10.4%) on 21 JunListed 645 days
Opportunity summary
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About
Aldreds are delighted to offer this 3 bedroomed bungalow which offers direct sea views and is situated on the front of Waterside Park overlooking Corton beach, cliffs and sea.
Waterside Park offers a range of holiday homes with 12 months usage and is situated in the very popular Corton village giving easy access to Lowestoft and Great Yarmouth.
The accommodation includes an entrance porch/utility room, spacious lounge/diner with large aspect windows overlooking the sea. Open plan kitchen, 3 bedrooms and a shower room.
The park offers a good range of facilities including a on site restaurant and entertainments room, along with a covered indoor heated swimming pool.
Early viewing is strongly recommended as these beach front properties rarely become available.
Entrance Porch/Utility Area Timber effect vinyl flooring, large aspect Upvc windows with sea views, recess for white goods, Upvc door leading out to timber veranda.
Lounge/Dining Area (4.1 x 3.66 (13'5" x 12'0")) Fitted carpet, large aspect Upvc window with sea views, electric wall mounted heater, power points, T.V point, coved ceiling, opening leading to the open plan kitchen.
Kitchen (2.50 x 2.33 (8'2" x 7'7")) Vinyl flooring, range of fitted kitchen units, roll top work surfaces, stainless steel sink with single drainer, tiled splash backs, recess for white goods including dishwasher & fridge, built in electric oven with matching ceramic hob, stainless steel extraction cooker hood, & power points.
Bedroom 1 (3.24 x 2.71 (10'7" x 8'10")) Fitted carpet, Upvc window, power points, coved ceiling, double fitted wardrobe, further full length fitted storage cupboard.
Bedroom 2 (3.24 x 2.67 (10'7" x 8'9")) Fitted carpet, coved ceiling, power points, wall mounted electric heater, Upvc window, double fitted wardrobe.
Bedroom 3 (3.24 x 1.77 (10'7" x 5'9")) Fitted carpet, wall mounted electric heater, coved ceiling, power points, Upvc window.
Outside There is a timber verandah which provides panoramic sea views and has ample space for bistro style dining table and chairs.
Outgoings Ground Rent:- £2173.15 Service Charge:- £3290.05 Tenure Leasehold. 55 Year lease from 2009 Services Mains water, electricity, drainage. Council Tax East Suffolk. Band 'A' Ref: L2275/01/25
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About 117, Waterside Park, Lowestoft
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