3-bedroom bungalow · NR32 4ER
Listing removedListed 671 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are delighted to offer this stunning three bedroom detached Warnes built bungalow situated in this very desirable North Lowestoft location within the Crestview Drive development.
This spacious property offers versatile accommodation including an impressive long entrance hall, cloakroom, spacious lounge, modern fitted kitchen, uPVC lean to conservatory, three bedrooms and a quality fitted shower room.
Outside, the property benefits from a large corner plot which provides a large driveway, for many cars or leisure vehicles, leading to a brick built detached garage.
There is also an enclosed private lawned rear garden. This superb home really is presented to an outstanding standard throughout with quality fixtures and fittings and tasteful decoration.
Early viewing is strongly recommended.
Entrance Hall This impressive entrance hall has a sealed unit entrance door, part tiled and part laminate flooring, radiator, power points, feature sealed unit double glazed doors leading into all rooms.
Lounge (4.6 x 3.71 (15'1" x 12'2")) Laminate flooring, radiator, power points, tv point, sealed unit double glazed window.
Kitchen (3.68 x 3.48 (12'0" x 11'5")) Full range of quality fitted white kitchen units, inset sink with draining board, built in electric oven and matching hob, extraction cooker hood, recess for washing machine, recess for all other white goods, tiled flooring, uPVC double glazed windows, radiator, power points, uPVC door leading to a lean to conservatory with large aspect uPVC windows.
Cloakroom Low level WC, wall mounted sink, radiator, vinyl flooring, sealed unit double glazed window. Bedroom 1 (3.71 x 3.66 (12'2" x 12'0")) Laminate flooring, uPVC window, radiator, power points.
Bedroom 2 (3.99 x 2.79 (13'1" x 9'1")) Laminate flooring, uPVC window, radiator, power points. Bedroom 3 (3.05 x 2.16 (10'0" x 7'1")) Laminate flooring, uPVC window, radiator, power points.
Shower Room (2.46 x 1.98 (8'0" x 6'5")) Ceramic tiled flooring, modern shower suite comprising of a low level WC, vanity unit with hand basin, double width walk in shower, tiled walls, heated towel rail, uPVC window.
Outside To the front of the property there is a large corner plot front garden which provides ample off road parking for a variety of vehicles which is later brickeweaved and enclosed by low level brick walls, brick built detached garage with up and over door which provides further enclosed parking.
To the rear of the property there is a fully enclosed garden which is partially laid to artificial turf, further to the rear is laid to lawn, a raised decked seating area, a range of raised flower and shrub borders.
The rear garden has a private aspect and is all enclosed by brick walls and fencing. Gateway access leading to the front driveway and garage.
Tenure Freehold Services Mains water, electricity, gas and drainage. Council Tax East Suffolk. Band 'C' Ref: L2256/12/24
Value & comps
No previous sales on record.
Returns
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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 161, Spashett Road, Lowestoft
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