Summary - Top Floor Flat 20-21 Commercial Road NR32 2TD
8 bed 1 bath End of Terrace
Chain-free, three-storey investment with HMO or multi-flat potential, close to station and town centre..
- Chain-free freehold; over 2,000 sq ft across three floors
- Eight bedrooms but only one bathroom; refurbishment required
- Strong central location near train station and town centre
- Suitable for HMO, multiple flats or commercial use (STPP)
- EPC F; main heating is electric room heaters
- Solid brick walls, likely no cavity insulation; retrofit likely needed
- High flood risk and very high local crime — impacts insurance/tenancy
- Area very deprived; close to many amenities and transport links
A substantial chain-free freehold in the heart of Lowestoft, this three-storey end-terrace offers over 2,000 sq ft of flexible space across eight bedrooms and one bathroom. The building's central location — moments from the train station, town centre amenities and the seafront — makes it well placed for rental demand, student lets or a mixed residential/commercial redevelopment (subject to planning).
The property's strengths are clear to an investor: a large internal footprint, multiple floors for conversion into flats or an HMO, and potential for ground-floor commercial income (stpp). Sold freehold and offered with no onward chain, it provides a straightforward route for a buyer prepared to undertake refurbishment and secure necessary consents.
Buyers should note several material issues that affect cost and scope of works. The building dates from before 1900 with solid brick walls likely lacking insulation, primary heating via electric room heaters, and an EPC rating of F. There is a single bathroom for eight bedrooms, and services have not been tested — renovation will be required to bring the property up to modern standards. The location sits in a very deprived area with very high crime statistics and a high flood risk, which will influence insurance, management and lettings strategy.
For the right purchaser — an investor or developer who can manage refurbishment and planning — this property offers significant upside from conversion or mixed-use redevelopment. Early inspection will reveal the full scope and potential for reconfiguration, subject to obtaining planning and building regulation approvals.
Commercial property for sale in Surrey Street, Lowestoft, Suffolk, NR32 — £150,000 • 10 bed • 2 bath • 2452 ft²
3 bedroom end of terrace house for sale in Beach Road, LOWESTOFT, NR32 — £250,000 • 3 bed • 2 bath • 1190 ft²
Restaurant for sale in Denmark Road, Lowestoft, NR32 — £170,000 • 3 bed • 1 bath • 1400 ft²
High street retail property for sale in High Street, Lowestoft, NR32 — £85,000 • 1 bed • 1 bath • 1204 ft²
High street retail property for sale in London Road North, Lowestoft, NR32 — £190,000 • 1 bed • 1 bath • 1320 ft²
4 bedroom block of apartments for sale in Seago Street, Lowestoft, Suffolk, NR32 — £200,000 • 4 bed • 3 bath • 1277 ft²
