Desmond Close, Lowestoft
HO

Desmond Close, Lowestoft

By Howards

£ 220,000

Reviews

3 out of 5 stars

Howards says ..

GUIDE PRICE £220,000-£230,000. FAMILY HOME WITH POTENTIAL set upon the highly sought after locality of Desmond Close. Benefitting from three good sized bedrooms, an open-plan lounge/diner, a cosy sitting room, with ample parking and a enclosed rear garden

Property Oracle says ..

The property is located in Oulton Broad, Lowestoft, a desirable area in East Suffolk. The proximity to Oulton Broad North and South train stations, offering convenient access to other towns and cities, is a positive aspect. The presence of several highly-rated primary schools within a reasonable distance further enhances the location’s appeal to families.

Based on the provided images, the property appears to be in fair condition. While it is habitable, some aspects, such as the bathroom and kitchen, could benefit from modernisation. The property shows signs of wear and tear, indicating the need for some updating and maintenance. The garden, although present, is relatively small.

The list price of £220,000 is below the average price for the area (£274,097). However, considering the property’s condition and smaller size (305 sqft compared to the average of 933 sqft), the price seems reasonable. The average price per square foot in the area is £293, and while the property’s square footage is not provided, the list price reflects this lower average. The nearby properties on Desmond Close show a range of prices, with some significantly lower than the list price, suggesting that the property may not be overpriced, but it may not be the best value for money either.

The property includes a shed and a small garden.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
305.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
223,471.00 £
Decreased by 26.58 %
from 304,373.00 £
Est sale value
72,285.00 £
Decreased by 14.13 %
from 84,180.00 £
Average area rental value
1,004.00 £/mo
Decreased by 12.47 %
from 1,147.00 £/mo
Est letting value
305.00 £/mo
Unchanged by 0.00 %
from 305.00 £/mo
Est rental Yield
5.39 %
Increased by 19.25 %
from 4.52 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Howards created the listing.

Nearby Schools

NameTypeOfstedDistance
Oulton Broad Primary SchoolCommunity SchoolOutstanding0.33 KM
The Limes Primary AcademyFree Schools0.99 KM
Dell Primary SchoolAcademy Sponsor LedRequires improvement1.74 KM
Warren SchoolAcademy Special Sponsor Led2.08 KM
Elm Tree Primary SchoolAcademy Sponsor LedRequires improvement2.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rydwar Close £ 200,00000.00 KM
Wood Lane £ 650,00000.00 KM
Long Fields £ 315,00000.00 KM
Queen's Highway £ 000.00 KM
Hobart Close £ 329,37500.00 KM

Nearby Transport

NameNLCTLCDistance
Oulton Broad North7273OUN1.41 KM
Oulton Broad South7274OUS1.49 KM
Lowestoft7268LWT5.15 KM
Somerleyton7320SYT6.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Desmond Close, Lowestoft £ 220,000BUY6 / 100.00 KM
Desmond Close, Oulton Broad, Lowestoft, Suffolk £ 340,000BUY7 / 100.02 KM
Desmond Close, Lowestoft £ 260,000BUY7 / 100.04 KM
Whiskin Close, Lowestoft £ 235,000BUY6 / 100.07 KM
Edendale, Lowestoft, NR32 £ 260,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
10 Desmond Close £ 218,0000.02 KM
4 Desmond Close £ 154,0000.02 KM
7 Desmond Close £ 176,0000.02 KM
1 Desmond Close £ 418,0000.02 KM
8 Desmond Close £ 208,0000.02 KM