3 bed terraced house for sale

Ontario Road, Lowestoft NR33

A ready-made investment opportunity located within a consistently strong rental area in Lowestoft, currently generating approximately £620 pcm from reliable long-term tenants with no arrears history, providing a secure income-producing asset from day one.

Priced competitively below comparable market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 8%. Comparable rental properties within the NR33 area and surrounding Lowestoft market are achieving approximately £600–£750 pcm, reflecting steady demand driven by local employment, seafront regeneration and affordability relative to larger regional centres.

The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio. Ontario Road benefits from a popular residential setting close to Lowestoft town centre, local schools, transport links and coastal amenities, ensuring consistent tenant demand and long-term rental stability.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.