4-bedroom house · NR33 0HE
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION FOR £170,500 A two bedroom house and two self contained flats all currently let producing £18,000pa A well-located freehold property comprising a two-bedroom two-storey townhouse and two self-contained flats, all currently let on Assured Shorthold Tenancies producing a combined annual income of £18,000.
Each unit benefits from uPVC double glazing and gas central heating.
Conveniently situated within walking distance of Lowestoft’s seafront, shops, and local amenities, the property offers an excellent investment opportunity with immediate rental income and future potential for enhancement or reconfiguration (subject to consents).
Accommodation The property is arranged as three individual units: 16 A 2 bedroom townhouse arranged over two floors, let for £700pcm from 19.03.25 16a A one-bedroom ground floor studio flat, let for £400 pcm 21.02.22 16b A one-bedroom ground floor flat, Let for £400 pcm from 01.11.19 Viewings Viewings are available by appointment only.
To book a viewing please contact the Norwich office. Council Tax Band A Tenure: Freehold EPC Rating: D, D, E Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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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 starting price
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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 16 Salisbury Road, Lowestoft, Suffolk NR33 0HE
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