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Flats 1-5, Lowestoft, NR33

Guide Price
Reduced on 10/06/2021
Auction House, Covering East Anglia

Key features

  • Residential investment
  • 5 individual flats
  • 4 flats with current ASTs
  • Communal garden and 2 flats with private gardens
  • Basement flat is in the process of being refurbished
  • Guide price: £375,000+

Property description

Tenure: Please confirm if this is a freehold or leasehold property with Auction House

An investment opportunity to acquire a freehold of five flats situated on the east coast in the seaside resort of Lowestoft.

This freehold property has been converted into five flats comprising of two one bedroom flats and three two bedroom flats. The flats are divided over five floors. The one bedroom basement flat is currently in the process of being refurbished and is vacant. The ground floor flat is a one bedroom rented on an AST achieving £400pcm. The first floor offers a two bedroom flat on an AST achieving £525pcm. The second floor offers a two bedroom flat on an AST achieving £525pcm. The attic offers a two bedroom flat on an AST achieving £500pcm. This is a great opportunity for an investor or with the necessary planning the flats could be divided. Fully occupied the potential income is £28,200pa.

Basement - Flat 1

Private entrance, lounge, kitchen, hallway, bedroom, bathroom, private garden

Ground Floor - Flat 2

Shared entrance and hallway, lounge, bathroom, bedroom, kitchen, private garden

First Floor - Flat 3

Landing, lounge / kitchen, bathroom, two bedrooms.

Second Floor - Flat 4

Landing, lounge / kitchen, bathroom, two bedrooms.

Third Floor - Flat 5

Accessed from second floor.Private lobby, stairs to landing, lounge / kitchen bathroom, two bedrooms.


Basement and ground floor flats have their own private gardens. There is a communal garden for the flats on the first, second, and third floors.


EPC Rating: D, E

Additional Fees
Administration Charge: £1,140.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Flats 1-5, Lowestoft, NR33

Approximate location


Distances are straight line measurements from the centre of the postcode
  • Lowestoft Station0.4 miles
  • Oulton Broad North Station1.4 miles
  • Oulton Broad South Station1.6 miles
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About the agent

Auction House, Covering East Anglia

The Barn Newmarket Road Cringleford Norwich NR4 6UE

Why Use Auction House East Anglia?

    Market position

    Auction House East Anglia are firmly established as East Anglia's no.1 property auctioneers (based on lots sold) and we sell over 80% of lot entries in our local auctions. We hold regular auctions in Norfolk and Suffolk and Cambridgeshire and have offices in Norwich, Kings Lynn, Peterborough and Ipswich.

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    Disclaimer - Property reference ah_eastanglia_1444708_37140. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Covering East Anglia. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering East Anglia on 01603 950107.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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