Hervey Street, Lowestoft, NR32

An exciting development and investment opportunity offering two flats sold together in a highly convenient location. The property comprises a fully renovated two-bedroom first floor flat and a ground floor flat stripped back and ready for refurbishment, providing excellent potential to add value. The renovated flat features spacious open-plan living with characterful vaulted ceilings and exposed beams, a modern fitted kitchen and bathroom, two bedrooms, and partially converted loft spaces offering further potential (subject to the necessary consents). Externally, both flats benefit from brick-built storage, while the property is ideally positioned within walking distance of the town centre and train station, and close to local amenities, shops, and schools. Perfect for the savvy investor or developer, this is a rare opportunity to acquire a versatile property with strong future potential.

Location
This home is situated in the Heart of an English Coastal Town nestled in the most easterly point of the British Isles. With award-winning sandy beaches and breath-taking Victorian seafront gardens. Explore the Royal Plain Fountains, two piers, and a variety of independent eateries that will tantalise your taste buds. Education is a top priority here, with excellent schools for all ages. Commuting is a breeze with a bus station and train station that offer regular services to Norwich and surrounding areas. Located just 110 miles north-east of London, 38 miles north-east of Ipswich, and 22 miles south-east of Norwich.

Entrance Hall
Composite door to the front aspect, laminate flooring and a door opens to the stairs which lead up to the open plan living space.

Open Plan Living Space
Fitted carpet, UPVC double glazed window to the side aspect, x3 radiators, vaulted ceilings, feature beams, doors opening to the bedrooms & bathroom. The living space is open-plan with the kitchen.

Kitchen
Laminate flooring, UPVC double glazed obscure window to the rear aspect, units above & below, laminate work surfaces, tile splash backs, built-in oven, ceramic hob, extractor hood and space for a fridge & washing machine.

Bathroom
Laminate flooring, UPVC double glazed obscure window to the rear aspect, aqua board wall panels, radiator, toilet, wash basin set into a vanity unit with a mixer tap and a panelled bath with a mixer tap & a handheld shower attachment.

Bedroom 1
Fitted carpet, radiator, gas boiler and a UPVC double glazed window to the front aspect.

Bedroom 2
Fitted carpet, radiator and a UPVC double glazed window to the front aspect.

Loft spaces
The loft spaces have been partially converted into rooms perfect for storage spaces accessible by ladder. Potential to be turned into a 4 bedroom flat by installing stairs and completing the conversion, subject to building control approval/ planning permission.

Ground Floor Flat B
This ground floor flat is offered for sale in stripped-out condition, providing a blank canvas for renovation and reconfiguration. The property has been cleared back to its basic structure, with some internal timber studwork in place for wall separation, allowing an incoming purchaser to complete the layout to their own specification.

Sold as seen, the flat presents an excellent opportunity for investors, developers, or buyers seeking a full refurbishment project. Once completed, the property has strong potential to add value and tailor the accommodation to modern standards.

Early viewing recommended for those looking for a hands-on renovation or investment opportunity.

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.

EPC
FLAT A: E48
Flat B: C72

Financial Services
If you would like to know if you can afford this property and how much the monthly repayments would be, Paul Hubbard Estate Agents can offer you recommendations on financial/mortgage advisors, who will search for the best current deals for first time buyers, buy to let investors, upsizers and relocators.