Studio flat · NR33 0AA
Listing removedListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely Studio Basement flat, situated in this highly sought after Lowestoft location, close to a wide range of local amenities and the Beach.
The property benefits from a private entrance, accessed via stairs from street level, open plan Bedroom/Living Room, Fitted Kitchen, rear hallway, WC and spacious Shower Room.
The property also benefits from double glazing and electric heating. Entrance Accessed via a metal gate from street level, with steps down to the front door.
Living Room/Bedroom (5.05 (max) x 3.50 (plus recess) (16'6" (max) x 11') Entered via door from the external staircase, laminate wooden flooring, cupboard housing the fusebox and electric meter, two storage cupboards and door to the kitchen.
Kitchen (3.87 x 2.82 (plus recess) (12'8" x 9'3" (plus rece) Fitted with a good range of wall and base level storage units with work surfaces over, Inset stainless steel sink unit, double glazed window to the rear, vinyl flooring, electric heater, extractor fan, plumbing for washing machine, tiled splashbacks, built in storage cupboard and door to the rear lobby.
Rear Lobby With a door to the rear of the property and doors to the WC and Shower Room Wc With a low level WC and obscure glazed window to the rear aspect.
Shower Room A spacious shower room with shower cubicle with shower screen and tiled enclosure and pedestal wash hand basin with tiled spl;ashbacks and wall mounted electric heater.
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. Council Tax Band Council Tax Band- A
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 Flat 1, 10, Waterloo Road, Lowestoft
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