Howards says ..
GUIDE PRICE: £120,000-£130,000. ATTENTION INVESTORS Affordable investment opportunity providing yield of approximately 6.5%. Close to town centre, separate lounge and ding room, enclosed garden. Long term tenant in residence. Perfect addition to any existing or new portfolio. VIEWING ADVISED
Property Oracle says ..
This three-bedroom terraced house located on Norwich Road, Lowestoft, is presented at a list price of £120,000. The property is within walking distance to Roman Hill Primary School and offers access to the train station, providing convenient access to public transport. However, more detailed information regarding nearby amenities and the neighborhood’s overall character is needed to fully assess its location. The provided photographs indicate a generally acceptable condition, although the property would benefit from some modernization and cosmetic improvements. The kitchen and bathroom, while functional, appear outdated. The small, enclosed garden requires attention and maintenance. The absence of local comparable properties makes it difficult to ascertain whether £120,000 is a truly competitive price. Given the need for potential upgrades, the price reflects a degree of affordability, but a thorough survey and local market comparison would be recommended before making any purchase decision.
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
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 160,000.00 £Decreased by 7.61 %
- Average area rental value
- 777.00 £/moDecreased by 4.31 %
- Est rental Yield
- 5.83 %Increased by 3.55 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Howards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Roman Hill Primary School | Academy Sponsor Led | 0.36 KM | |
| East Coast College | Further Education | Good | 0.61 KM |
| Ark Children'S Centre | Children's Centre | 0.72 KM | |
| Ness Point School | Other Independent Special School | 0.73 KM | |
| Learning Support, Northern Area Education Office | Miscellaneous | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Camp Road | £ 140,000 | 0 | 0.00 KM |
| Station Square | £ 0 | 0 | 0.00 KM |
| Bon Marche | £ 0 | 0 | 0.00 KM |
| Marina | £ 0 | 0 | 0.00 KM |
| Broom Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lowestoft | 7268 | LWT | 0.62 KM |
| Oulton Broad North | 7273 | OUN | 3.21 KM |
| Oulton Broad South | 7274 | OUS | 4.17 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Norwich Road, Lowestoft | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Norwich Road, Lowestoft | £ 110,000 | BUY | Unknown | 0.04 KM |
| Norwich Road, Lowestoft | £ 140,000 | BUY | 5 / 10 | 0.04 KM |
| Beckham Road, Lowestoft, NR32 | £ 100,000 | BUY | Unknown | 0.06 KM |
| Haward Street, Lowestoft, NR32 | £ 125,000 | BUY | 8 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Norwich Road | £ 86,000 | 0.05 KM |
| 30 Norwich Road | £ 97,500 | 0.05 KM |
| 28 Norwich Road | £ 136,000 | 0.05 KM |
| 24 Norwich Road | £ 95,000 | 0.05 KM |
| 46 Norwich Road | £ 71,000 | 0.05 KM |