Hardimans Estate Agents says ..

Property Oracle says ..

This property, located on Kirkley Cliff Road in Lowestoft, is a substantial 10-bedroom property presented as a hotel. Its prime location overlooking an award-winning beach is undoubtedly appealing, offering stunning sea views. The proximity to several schools rated ‘Good’ by Ofsted suggests potential for families or as a property that could cater to families. The train station is within reasonable distance.

The interior of the property appears clean and reasonably maintained, although the aesthetic appears dated and some areas might benefit from modernization. The numerous bedrooms and bathrooms suggest suitability for a hotel or large family. The house boasts beautiful period features, like the ornate fireplace, showcased in several images.

The provided photos suggest a relatively small garden, somewhat limited in size considering the size of the property. More details on the plot size would be beneficial in a full evaluation.

The price of £795,000 needs further contextualization; precise data on the square footage of the land and more detailed comparable pricing information is crucial for a definitive price-value analysis. The lack of detailed comparable pricing, especially the price per square foot, is a significant hurdle in reaching a conclusion on whether this is excellent value for money or not. Given the building’s large size and the location, the pricing is potentially reasonable but lacks strong support evidence to rate it as excellent value. The marketing describes the property as a hotel, indicating a possible commercial use which impacts the pricing evaluation differently than residential use alone.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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