Marsh Road, Lowestoft, Suffolk, NR33

*** FULL PLANNING PERMISSION GRANTED ***
*** PRIME WATERSIDE DEVELOPMENT OPPORTUNITY ***
*** APPROVED FOR 21 WATERFRONT APARTMENTS ***
*** BASEMENT PARKING WITH LIFT ACCESS ***
*** ELEVATED FLOOD-PROTECTED DESIGN ***
*** DIRECT BOARDWALK & LAKE LOTHING FRONTAGE ***
*** HIGHLY SOUGHT-AFTER OULTON BROAD LOCATION ***
*** RARE OPPORTUNITY FOR DEVELOPERS & INVESTORS ***

Wilkins Estate Agents are delighted to present to the market this outstanding fully consented mixed-use residential development opportunity, ideally positioned on Saltwater Way in the highly sought-after waterside setting of Oulton Broad, Lowestoft. Occupying a prominent site overlooking Lake Lothing and the boardwalk, the land is bounded by the water to the north, Saltwater Way to the west and the railway line to the east, offering a rare combination of panoramic views, accessibility and development scale in one of Suffolk’s most desirable locations.

The site benefits from full planning permission for a substantial waterside scheme comprising a mix of luxury waterfront apartments, family houses and sheltered accommodation, creating a complete and self-contained residential community. The approved development includes a landmark three-storey block of 21 water-fronting apartments, eight large four-bedroom family homes and a purpose-built sheltered housing scheme providing both one- and two-bedroom apartments together with communal facilities.

The waterfront apartment building (Plots 1–21) provides 21 two-bedroom apartments arranged over three floors, including two large duplex penthouse units on the top floor. All apartments benefit from lift access from the basement parking area and many include en-suite bedrooms. The individual plot sizes are as follows.

Ground floor: Plot 1 – 577 sq ft, Plot 2 – 572 sq ft, Plot 3 – 737 sq ft with en-suite, Plot 4 – 681 sq ft, Plot 5 – 737 sq ft with en-suite, Plot 6 – 572 sq ft, Plot 7 – 577 sq ft.
First floor: Plot 8 – 577 sq ft, Plot 9 – 572 sq ft, Plot 10 – 737 sq ft with en-suite, Plot 11 – 681 sq ft, Plot 12 – 737 sq ft with en-suite, Plot 13 – 572 sq ft, Plot 14 – 577 sq ft.

Second floor: Plot 15 – 1,199 sq ft duplex with en-suite and dining/study area, Plot 16 – 572 sq ft, Plot 17 – 737 sq ft with en-suite, Plot 18 – 681 sq ft, Plot 19 – 737 sq ft with en-suite, Plot 20 – 572 sq ft and Plot 21 – 1,191 sq ft duplex with en-suite and dining/study area. The total floor area for the waterfront apartment block is approximately 14,603 sq ft.
In addition to the apartments, the scheme includes eight substantial four-bedroom family houses located on Plots 22–25 and 58–61. Each house measures approximately 1,846 sq ft, providing a combined total floor area of approximately 14,768 sq ft and adding a valuable low-density, high-value housing element to the overall development.

The sheltered accommodation element, located on Plots 26–57, comprises 32 units in total, including 18 one-bedroom apartments and 14 two-bedroom apartments. The one-bedroom apartments include 3 at 556 sq ft, 6 at 496 sq ft, 4 at 531 sq ft, 3 at 578 sq ft (including the warden’s flat) and 2 at 486 sq ft. The two-bedroom apartments include 3 at 675 sq ft, 3 at 733 sq ft, 6 at 667 sq ft and 2 at 711 sq ft. This part of the scheme also includes a residents’ lounge and kitchen, guest bedroom with en-suite, laundry room and office, creating a fully self-contained assisted-living environment. The total floor area for the sheltered accommodation is approximately 19,122 sq ft.

In total, the approved development provides approximately 48,493 sq ft of residential accommodation across the entire site, delivering a rare blend of waterside apartments, family homes and specialist housing within one cohesive and professionally designed scheme.

The entire development has been designed with long-term resilience in mind and incorporates extensive flood defence measures approved in consultation with the Environment Agency. Finished floor levels are set above 4.94mAOD, with raised ground levels and flood retaining walls protecting the development against extreme tidal events, ensuring that all dwellings remain dry and structurally secure even in severe flood scenarios. This makes the scheme both safe and future-proofed, a critical factor for investors, developers and end users alike.

Located in Oulton Broad, one of the most desirable waterside locations in the region, the site benefits from immediate access to the Norfolk Broads, marinas, sailing facilities, nature reserves, cafés and restaurants, while also enjoying excellent road and rail links into Lowestoft and beyond. Demand for waterside living in this area remains consistently strong, underpinning the long-term value and marketability of the completed development.

With full planning permission granted, detailed drawings approved and a comprehensive multi-unit residential scheme already in place, this site represents a rare, high-quality and low-risk development opportunity in a prime waterfront location. Opportunities of this scale, diversity and setting in Oulton Broad are exceptionally scarce, making this an outstanding proposition for developers and investors seeking a flagship waterside project.