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See how verdicts workHouse · NR33 0JQ
Listing removedListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are delighted to offer a rare opportunity to acquire St Nicholas Church, ideally situated in the highly desirable area of East Pakefield, just a one-minute walk from Pakefield beach and promenade.
This substantial and characterful building presents a wealth of potential, subject to the necessary planning permissions, and could be suited to a variety of residential or commercial uses.
The property benefits from generous wraparound gardens, including two separate areas that may offer potential for development as building plots (subject to planning permission).
Internally, the accommodation comprises a large main church hall, a rear church hall, two reception halls, a third reception room with large windows, three W.C.s, and impressive high ceilings throughout, enhancing the sense of space and character.
Early viewing is highly recommended to fully appreciate the scale and versatility this unique property has to offer.
Main Church Area (10.44 x 18.54 (34'3" x 60'9")) High vaulted ceilings, triple aspect church windows, radiators, power points.
Inner Entrance Hall (3.94 x 3.6 (12'11" x 11'9")) Vaulted ceiling, timber entrance door, radiator.
Rear Church Hall (10.91 x 8.98 ( 35'9" x 29'5")) Vaulted ceiling, large aspect windows, Upvc fire escape, radiators, power points.
Rear Reception Room (3.83 x 8.14 (12'6" x 26'8")) Double aspect windows, power points. Inner Hallway Fitted carpet, double doors leading out to the main gardens, power points.
W.C Low level W.C, wall mounted sink, tiled splash backs. Second W.C Area 2 x toilet cubicles, 2 x hand basins with tiled splash backs.
Kitchen Area (3.36 x 3.88 (11'0" x 12'8")) Fitted kitchen units, double stainless steel sink, double aspect windows, fire escape leading to side gardens.
Outside There is range of wraparound lawned garden areas with some mature shrubs and trees There is 2 large lawned areas which would lend themselves to building plots subject to the appropriate planning permissions.
The Opportunity Here is an opportunity to purchase a church building with many opportunities including use for a community hub, restaurant, bar or tea rooms or converting in to residential properties.
There is also a large lawned garden area which could lend itself to building plots. Please note all the above suggestions are subject to the appropriate planning permission.
The Location The church is located just a 1 minute walk from East Pakefield beach being in one of the most desirable postcodes within Lowestoft.
Tenures And Information The Building Is Listed Freehold Mains Electric Gas Water And Drains
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.
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FAQ
About St Nicholas Church, Morton Road, Lowestoft
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