The Hemplands, Lowestoft, Suffolk
LO

The Hemplands, Lowestoft, Suffolk

By London World Class, Powered by Keller Williams

£ 110,000

Reviews

2 out of 5 stars

London World Class, Powered by Keller Williams says ..

London World Class is thrilled to present this Freehold, two-bedroom, mid-terraced Edwardian period property, featuring a good-sized garden with exciting potential for first-time buyers and investors. It is located in the highly desirable North Lowestoft area.

Property Oracle says ..

This two-bedroom terraced house in Lowestoft, Suffolk, presents a mixed bag of opportunities and challenges for potential buyers. Located in the North Lowestoft area, it benefits from relative proximity to local amenities and transport links, including Lowestoft train station. However, the surrounding area’s overall desirability and the quality of nearby schools require further investigation before making a final judgment on the location’s appeal. The property itself is in need of substantial renovation. The images showcase significant wear and tear, including damaged walls, outdated flooring, and a generally unkempt interior. Whilst the kitchen and bathroom appear functional, both are in need of modernization. The garden is small and overgrown, requiring significant landscaping work. The listing price of £110,000 is moderately competitive with similar properties in the area, according to the provided data. Yet, given the extent of the necessary repairs and the uncertain square footage of the property and garden, additional information is required to make a truly informed judgment on its value. Overall, this property is potentially attractive for buyers willing to undertake a significant renovation project and looking for a modest property in a reasonably convenient location. It may be more attractive as an investment opportunity than a family home. However, potential buyers must account for the substantial costs associated with the renovation and refurbishment required before making a purchase decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
4
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
635.07

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
105,421.62 £
Decreased by 13.99 %
from 122,568.51 £
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
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • London World Class, Powered by Keller Williams created the listing.

Nearby Schools

NameTypeOfstedDistance
Learning Support, Northern Area Education OfficeMiscellaneous0.35 KM
Ness Point SchoolOther Independent Special School0.73 KM
St Margaret'S Primary AcademyAcademy Sponsor LedRequires improvement0.76 KM
Ark Children'S CentreChildren's Centre0.92 KM
Ormiston Denes AcademyAcademy Sponsor LedSerious Weaknesses0.95 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Lowestoft7268LWT1.11 KM
Oulton Broad North7273OUN4.31 KM
Oulton Broad South7274OUS5.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Hemplands, Lowestoft, Suffolk £ 110,000BUY4 / 100.00 KM
The Hemplands, Lowestoft £ 150,000BUYUnknown0.12 KM
The Hemplands, Lowestoft, NR32 £ 150,000BUYUnknown0.12 KM
Melbourne Road, Lowestoft £ 120,000BUY4 / 100.13 KM
Chapel Court, Lowestoft, NR32 £ 70,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
29 The Hemplands £ 97,5000.06 KM
21 The Hemplands £ 63,0000.06 KM
37 The Hemplands £ 79,0000.06 KM
31 The Hemplands £ 88,0000.06 KM
9a The Hemplands £ 60,0000.06 KM