Ready-income coastal investment close to beach and transport links.
Freehold Victorian terrace converted into three separate flats
A bay-fronted Victorian terrace converted into three self-contained flats, this freehold building is offered with tenants in situ and a strong rental income profile. Each flat has generous ceiling heights, period bay windows and practical modern kitchens; communal garden access adds tenant appeal. Proximity to Lowestoft Beach, schools and regular transport links supports lettability year-round.
The property suits buy-to-let investors or multi-family holders seeking an immediate income asset with uplift potential. EPCs are currently mixed (D–E) with stated improvement potential, so targeted energy upgrades could raise rents and values. Accommodation totals approximately 972 sq ft across three flats with separate bathrooms and kitchens.
Buyers should note the area is classified as very deprived with above-average crime statistics and a small plot size; these factors affect long-term capital growth and tenant mix. The building is sold with tenants in situ—viewings will require notice and tenancy considerations. Some cosmetic and energy-efficiency works are likely necessary to reach potential EPC ratings and maximise returns.
Overall, this is a pragmatic coastal investment: immediate income, Period features that attract tenants, and clear, manageable refurbishment routes to add value.
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