2-bedroom flat · NR32 4JH
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bycroft Estate Agents are delighted to offer this well presented two bedroom maisonette apartment in the quite cul-de-sac location of Spexhall Way, Lowestoft, close to local amenities, schools for all ages and local bus route.
The property benefits from two bedrooms, open lounge/dining space, kitchen and modern bathroom as well as an abundant of on road parking, large enclosed communal garden, as well as communal carparks to the front and rear.
ENTRANCE HALL stairs leading to apartment. FIRST FLOOR HALLWAY modern storage heater, two large storage cupboards, one housing the emersion tank.
LOUNGE/DINER 16' 4" x 10' 1" (4.98m x 3.08m) max, large double glazed window to front aspect, large modern storage heater, space for living room furniture and a dining table.
KITCHEN 8' 9" x 7' 11" (2.68m x 2.42m) large double glazed window to rear aspect, range of wall and base units, space for free standing appliances, stainless steel sink with mixer tap, space for fridge freezer.
BEDROOM 1 14' 4" x 8' 7" (4.37m x 2.62m) large double glazed window to rear aspect, access to roof space, electric heater with adjustable timers.
BEDROOM 2 11' 6" x 6' 10" (3.52m x 2.10m) max, double glazed window to front aspect, large built in cupboard over stairs, electric heater.
SHOWER ROOM 6' 7" x 6' 7" (2.03m x 2.03m) max, modern shower with large fitted shower over head, wc, hand wash basin with mixer tap with a vanity cupboard under, heated towel rail, large frosted glazed window.
OUTSIDE to the rear of the property are the communal parking, to the rear of the property is an enclosed communal garden.
AGENTS NOTE We have been advised by the Vendor, the property is Leasehold, 116 years remaining.
Ground rent £12.50 per month and Annual Service Charge £77.88 per month (this is due to decrease from April 2027).
COUNCIL TAX This property is currently listed as a Band VIEWINGS Strictly by appointment with the selling agents, BYCROFT ESTATE AGENTS, tel: .
DISCLAIMER 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.
The approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
Any references to garden sizes are approximate and subject to confirmation by a measured survey. A prospective purchaser is advised to arrange for their own land survey to be carried out.
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 finalizing their offer to purchase.
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.
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
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FAQ
About Spexhall Way, Lowestoft
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