29 Hervey Street, Lowestoft, NR32 2JG
- PROPERTY TYPE
Detached
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME NEW LISTING. We are excited to present this development opportunity offering two flats sold together, located within a prime location in Lowestoft.
- **14, Hervey Street, Lowestoft NR32 2JG sold for £180,000 in Jan 2022. 45, Stevens Street, Lowestoft NR32 2JF sold for £190,000 in Mar 2025.**
- Scope to add further value with the second unit once refurbished, for those interested in rental investments, properties in this highly sought-after area 2 Beds in the area are achieving rentals betw
- The property features partially converted loft spaces that offer exciting possibilities. By installing stairs and completing the conversion, there's potential to transform the space into a 4-bedroom
- Commuting is a breeze with convenient access to the local bus and train stations offering regular services to Norwich and surrounding areas. Situated just 110 miles north-east of London, this locatio
Description
- PRIME NEW LISTING. We are excited to present this development opportunity offering two flats sold together, located within a prime location in Lowestoft.
- **14, Hervey Street, Lowestoft NR32 2JG sold for £180,000 in Jan 2022. 45, Stevens Street, Lowestoft NR32 2JF sold for £190,000 in Mar 2025.**
- Scope to add further value with the second unit once refurbished, for those interested in rental investments, properties in this highly sought-after area 2 Beds in the area are achieving rentals between £750 pcm per flat. Securing this property at the guide price could yield a remarkable gross return of 14.4%
- The property features partially converted loft spaces that offer exciting possibilities. By installing stairs and completing the conversion, there's potential to transform the space into a 4-bedroom flat, subject to building control approval and planning permission.
- Commuting is a breeze with convenient access to the local bus and train stations offering regular services to Norwich and surrounding areas. Situated just 110 miles north-east of London, this location is ideal for commuters.
PRIME NEW LISTING. We are excited to present this development opportunity offering two flats sold together, located within a prime location in Lowestoft.
The property comprises:
Flat A: A welcoming open-plan living space with vaulted ceilings and charming feature beams. The spacious area, combined with a well-equipped kitchen, provides a perfect setting for modern living. It includes two cosy bedrooms and a stylish bathroom with quality fixtures. The loft spaces are partially converted, offering potential for a wonderful expansion. Epc: E48
Flat B: This ground floor flat comes stripped-out, providing a blank canvas for your vision. The open layout means incoming buyers can renovate and configure the space to fit their exact specifications. EPC: C72
Outside - The main entrance to the first floor flat B is positioned at the front of the building, while secure gated access leads to the entrance of ground floor flat A. Both properties benefit from useful brick-built storage in this area.
The loft spaces in Flat A offer exciting possibilities. By installing stairs and completing the conversion, there's potential to transform the space into a 4-bedroom flat, subject to building control approval and planning permission.
Scope to add further value with the second unit once refurbished, for those interested in rental investments, properties in this highly sought-after area 2 Beds in the area are achieving rentals between £750 pcm per flat. Securing this property at the guide price could yield a remarkable gross return of 14.4%
Commuting is a breeze with quick access to the bus and train stations offering regular services to Norwich and surrounding areas. Situated just 110 miles north-east of London, this location is perfect for commuters.
The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**14, Hervey Street, Lowestoft NR32 2JG sold for £180,000 in Jan 2022. 45, Stevens Street, Lowestoft NR32 2JF sold for £190,000 in Mar 2025.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request.
For further details on how to have a bidding account created, please contact the team.
Location
Lowestoft is a charming coastal town known for its beautiful beaches and maritime heritage. It's a thriving community with excellent amenities and convenient transport links, making it an attractive place for both residents and investors. Located just 110 miles north east of London, 38 miles north east of Ipswich, and 22 miles south east of Norwich.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
29 Hervey Street, Lowestoft, NR32 2JG
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About Prime Property Auctions (Scotland) Ltd, Glasgow
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Visit our security centre to find out moreDisclaimer - Property reference 225662238. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Prime Property Auctions (Scotland) Ltd, Glasgow. 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 Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*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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