Gun Lane, Lowestoft
TH

Gun Lane, Lowestoft

By Think Property

£ 120,000

Reviews

2 out of 5 stars

Think Property says ..

A charming building off the high street in Lowestoft, this delightful apartment offers a perfect blend of comfort and convenience. Situated just off the bustling high street, this property boasts a glimpse of the sea from the cosy sitting room, adding a touch of tranquillity to your daily life.

Property Oracle says ..

This two-bedroom apartment in Lowestoft, Suffolk, presents a mixed picture. The property is located on Gun Lane within the Harbour & Normanston locality of East Suffolk. Its proximity to Lowestoft train station offers good transport links. However, the condition of nearby schools is varied and this warrants investigation before committing to purchase. The apartment itself shows evidence of some level of refurbishment or renovation; however, the interior design isn’t luxurious, the kitchen and bathroom look practical but basic, not high-end. The small paved courtyard adds a visual appeal, but this is not a large outdoor space. The listing price aligns with other similar apartments in the area. The absence of square footage data for nearby properties prevents a conclusive statement on the price per square foot value. Overall, the property could be viewed as a reasonable purchase for a first-time buyer or investor, but an in-person viewing is essential to verify the condition and to fully assess its suitability for individual needs. Potential buyers should also research the local amenities and services thoroughly before making a purchasing decision. The lack of specific details on the apartment’s features and energy efficiency also affects the overall assessment. Further investigation is required to fully determine the property’s potential drawbacks and positives.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
720.86

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
160,000.00 £
Decreased by 7.61 %
from 173,185.00 £
Est sale value
119,662.76 £
Decreased by 13.99 %
from 139,125.98 £
Average area rental value
777.00 £/mo
Decreased by 4.31 %
from 812.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.83 %
Increased by 3.55 %
from 5.63 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Think Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Learning Support, Northern Area Education OfficeMiscellaneous0.34 KM
Ness Point SchoolOther Independent Special School0.66 KM
St Margaret'S Primary AcademyAcademy Sponsor LedRequires improvement0.91 KM
Ark Children'S CentreChildren's Centre1.02 KM
Ormiston Denes AcademyAcademy Sponsor LedSerious Weaknesses1.13 KM

Images

Outside Private Hall Kitchen Area Sitting Room Kitchen Area Kitchen Area Principal Bedroom Sitting Room Kitchen Area Sitting Room Bedroom Two Bathroom Outside Logun Court.png

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey's Court £ 000.00 KM
Albany Road £ 93,33300.00 KM
Herring Fishery Score £ 000.00 KM
Dawn Pointon Place £ 475,00000.00 KM
Marina £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lowestoft7268LWT1.03 KM
Oulton Broad North7273OUN4.38 KM
Oulton Broad South7274OUS5.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gun Lane, Lowestoft £ 120,000BUY5 / 100.00 KM
Gun Lane, Lowestoft £ 110,000BUY5 / 100.00 KM
High Street, Lowestoft £ 500,000BUYUnknown0.11 KM
Chapel Court, Lowestoft, NR32 £ 70,000BUY5 / 100.14 KM
The Hemplands, Lowestoft, Suffolk £ 110,000BUY4 / 100.18 KM

Nearby Properties

AddressPriceDistance
4 Dukes Head Street £ 64,0000.04 KM
14 Dukes Head Street £ 62,0000.04 KM
3 Dukes Head Street £ 65,0000.04 KM
144b High Street £ 97,0000.05 KM
148 High Street £ 178,0000.05 KM