2-bedroom flat · NR33 0DS
Listing removedReduced £15k (−12%) on 1 JulListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** shop and flat *** Aldreds are delighted to offer this shop and two bedroom maisonette situated in a very good secondary trading location alongside the A47 allowing for lots of passing trade.
The shop is in good condition throughout with a a large trading area and good display window with a kitchen area and toilet.
On the first floor there is a two storey maisonette which does need some updating works.
The versatile accommodation includes a private entrance door, private entrance hall, lounge, kitchen, shower room and bedroom. On the second floor there is a master bedroom.
The property would be ideal as a work from home opportunity or an investment as the shop and maisonette have separate entrances allowing for two possible rental incomes.
Set at a very realistic asking price early viewing is strongly recommended. Main Shop Trading Area (8.36 x 4.13 (27'5" x 13'6")) Laminate flooring, power points, large display window (2.6m).
Rear Kitchen Area Rolltop work surface, stainless steel sink, wall mounted cupboard, door leading to rear garden. Storage Area Laminate flooring, power points.
Wc Laminate flooring, low level WC, wall mounted sink with tiled splashbacks. Outside Courtyard garden enclosed by high brick walls with brick storage shed.
Maisonette Private entrance door leading to private entrance hall with stairs rising to the two storey maisonette. Galleried Hallway Stairs rising to second floor.
Lounge (4.25 x 3.54 (13'11" x 11'7")) UPVC window, power points, wall mounted electric heater.
Kitchen (3.74 x 1.84 (12'3" x 6'0")) A range of fitted kitchen units, stainless steel sink, power points, recess for white goods, rolltop work surfaces.
Shower Room Fully tiled shower cubicle, low level WC, pedestal sink, tiled splashbacks, extractor fan. Bedroom 2 (2.64 x 1.94 (8'7" x 6'4")) Power points, wall mounted electric heater, uPVC window.
Second Floor Landing Fitted carpet. Bedroom 1 (4.14 x 3.61 (13'6" x 11'10")) Stripped floorboards, fitted storage cupboard, power points.
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
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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 205 & 205a, London Road South, Lowestoft
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