Summary - THE COTTAGE TILL ROAD LOWESTOFT NR32 2LH
2 bed 1 bath Detached
Small detached Victorian buy-to-let with immediate income — auction 4 November 2025.
Two-bedroom detached Victorian cottage, freehold, approx. 487 sq ft
Currently tenanted producing £7,800 pa (£650 pcm)
Guide price £90,000–£110,000; auction 4 Nov 2025
Gas central heating and uPVC double glazing in place
Small courtyard only; no garden or garage
Property small and dated; kitchen and bathroom require updating
Area has very high crime and high deprivation — affects lettability
Buyer fees: £1,200 admin and £960 buyer’s premium on exchange
Guide-priced for auction, this two-bedroom detached Victorian cottage in Lowestoft offers immediate rental income and short-term investment potential. Currently let on an AST producing £7,800 per year (£650 pcm), the freehold property is compact (approx. 487 sq ft) and suits a landlord seeking a low-entry coastal asset or a buyer willing to refurbish for added value.
The house has mains gas boiler and radiators, and uPVC double glazing. Basic services are in place and the property presents straightforward refurbishment opportunities — updating the dated kitchen, improving thermal insulation (solid brick walls likely uninsulated), and modernising the bathroom could increase rental yield or resale value. EPC rating D and council tax Band A reflect a modest running-cost profile.
Buyers should note material considerations: the immediate neighbourhood scores high for crime and significant area deprivation; this will affect tenant profiles, lettability and long-term capital growth. The accommodation is small, with a second bedroom currently used as a dressing room, and outside space is limited to a small courtyard. There is no flood risk recorded.
This property will be sold by online auction with a guide price range of £90,000–£110,000 and sale on 4 November 2025. Sale charges include an administration fee of £1,200 (inc. VAT) and a buyer’s premium of £960 (inc. VAT) payable on exchange — factor these into your purchase costs. Suitable primarily for investors or buyers aiming for a modest coastal rental or short-stay occupation after refurbishment.
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