Ready-to-rent period home with garage and newly fitted boiler.
3 separate bedrooms and two reception rooms
New gas combi boiler — recently installed
Cast-iron wood burner adds period character
Separate brick-built garage and courtyard garden
Advertised 7.78% yield — strong investor return potential
Located in very deprived area with above-average crime
Small plot size; limited outdoor space
Constrained local rental market may affect tenancy stability
This end-terraced Victorian property in North Lowestoft offers a rare combination of period character and practical, ready-to-use features. With three separate bedrooms, two reception rooms and a new gas combi boiler, the house is largely move-in ready and suitable for buyers seeking immediate rental income or a family home in a popular local catchment.
Investors will note the advertised 7.78% yield and freehold tenure, plus a separate brick-built garage providing rental or storage potential. The property’s cast-iron wood burner and bay-window façade add period charm that supports longer-term value when combined with modest cosmetic updates.
The location is a material consideration: the property sits in a very deprived, blue-collar terrace area with above-average crime and a high proportion of constrained renters. These local conditions can suppress capital growth and may affect tenant quality and management overheads.
Internally the rooms are average sized across approximately 1,044 sq ft, with a small low-maintenance courtyard garden rather than a full garden. Practical positives include fast broadband potential, no flooding risk and very low council tax, but buyers should factor in the surrounding area’s social and economic challenges when assessing long-term suitability.
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