Summary - 113, LONDON ROAD NORTH NR32 1LX
5 bed 1 bath Residential Development
**Standout Features:**
- **Planning Approval:** Conversion of upper floors into a 5-bedroom student HMO (approved January 2025).
- **Mixed-Use:** Ground floor retail shop sold on a long leasehold; offers strong rental potential.
- **Vacant Accommodation:** First and second floors are vacant, ready for renovation.
- **Parking:** Off-street parking for two vehicles.
- **Prime Location:** Central Lowestoft, surrounded by major retailers including Marks & Spencer and Tesco Express.
**Summary:**
Nestled in a bustling town center, this mixed-use property at 113 London Road North presents an exciting investment opportunity. The ground floor retail shop has already been sold off, allowing for strong rental income potential from the upper floors. With planning approval for conversion into a 5-bedroom student HMO, the upper levels offer substantial living space that can be modernized to meet the needs of renters.
Prospective buyers will appreciate the generous dimensions of the planned student accommodation, which includes communal living spaces and private bathrooms. Although the property does require renovation, its solid brick construction and prime location ensure a pathway to significant future value. The availability of off-street parking enhances appeal in this urban setting. Seize this chance to capitalize on the growing demand for student housing in a strategic location—opportunities like this are quickly snapped up!
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