Summary - 51 BERESFORD ROAD, LOWESTOFT NR32 2NQ
2 bed 1 bath Terraced
Large period property for refurbishment with strong rental potential.
Freehold Victorian end-terrace with two bedrooms and separate study
A substantial two-bedroom Victorian terraced house with study and generous overall size (approx. 2,401 sq ft) offered as a renovation opportunity in central Lowestoft. The property is freehold, has mains gas central heating, secondary glazing to some windows and retains original period features such as bay windows and high ceilings. Fast broadband and excellent mobile signal support rental demand or short-term refurbishment programmes.
Sold by modern auction with an undisclosed reserve and buyer fees, this is best suited to experienced investors or developers able to complete due diligence and accept auction timescales and costs. The house requires updating throughout and has assumed solid brick walls with no insulation, so refurbishment and insulation works will be needed to modernise comfort and efficiency.
Location offers easy access to local shops, town-centre amenities and transport links, but the wider area has high crime and strong deprivation indicators; plan refurbishment and tenancy strategy accordingly. The small rear plot and constrained local market make this more suitable for rental income or a value-add resale rather than a family seeking large private outdoor space.
Buyers should note the auction process: an undisclosed reserve price, a non-refundable reservation fee, and additional buyer costs apply. Carry out full surveys and review the Buyer Information Pack before bidding; allow for renovation budgets and potential compliance works when assessing overall return on investment.
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