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5 bed property, in Tonning Street, £220,000
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5 bed terraced house

Tonning Street, Lowestoft, Suffolk NR32
£220,000
-12.0%

Price History

Initial price £250,000
Oct 2, 2025 £230,000
Apr 29, 2026 £220,000
Price Change -12.0%

Our Summary

  • Ideal investment opportunity with immediate income
  • This investment presents an excellent opportunity for those looking to add a versatile property with scope to enhance to their portfolio

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Description

This property is a bay-fronted block of three self-contained flats located in the heart of Lowestoft town centre, offering a strong gross rental yield of 8.11%. Each flat features gas-fired central heating and UPVC double glazing throughout, with practical living accommodation including fitted kitchens and shower rooms. Flat 1 benefits from a private rear courtyard with gated access, while each flat provides ample living space.

The property is currently tenanted and generates a combined monthly income of £1,690, making it an excellent opportunity for investors looking to add a versatile property to their portfolio. With its convenient location near local amenities, schools, and transport links, this property is an attractive investment opportunity for those looking to capitalize on its strong rental yield.