The Croft
Lowestoft
£75,000
Tenure: Leasehold
Ref: LOW109952
- Prime location just a few minutes' walk from lowestoft train station and high street
- One-bedroom flat ideal for first-time buyers or property investors
- Spacious first-floor lounge with a fitted kitchen and room for standard appliances
- Bright bedroom and bathroom with both
- Strong investment potential with an estimated £700 pcm rent and 11.2% annual yield
monthly mortgage estimate
Ready-to-go, well-positioned one bedroom first-floor flat in North Lowestoft; an ideal investment to add to the portfolio. Expected yield of 11.2%!
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- Years remaining: 87 years
- Current ground rent: £50
- Ground rent review period: Contact branch
- Annual service charge: £350
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
in detail
Located just a few minutes' walk away from Lowestoft Train Station and the bustling Lowestoft high street, this one-bedroom flat within The Croft is an ideal first-time purchase for those looking to be based firmly in the heart of north Lowestoft, or investors searching for a well-priced, high yield earner.
The property consists of a private stairway leading to the landing. Featured on the first floor lays the spacious, orthodox shaped lounge with an accompanying kitchen, made up of fitted units, an appropriate work surface and fittings for traditional white goods. The bedroom is well-lit with views from the back of the property, and the bathroom contains both a bath and shower for extended choice and convenience. The rear of the property features a communal garden, shared with the unit below.
At an expected rental PCM of £700, the property at its list price would generate an 11.2% yield PA.
Double glazed window to front and side. Access to kitchen. Carpet flooring. Electric heater unit.
Double glazed window to side. Tiled flooring. Fitted units and worktops. Sink and drainer. Space for electric oven. Space for fridge freezer. Cooker head.
Double glazed window to rear. Carpet flooring. Electric heater unit.
The property consists of a private stairway leading to the landing. Featured on the first floor lays the spacious, orthodox shaped lounge with an accompanying kitchen, made up of fitted units, an appropriate work surface and fittings for traditional white goods. The bedroom is well-lit with views from the back of the property, and the bathroom contains both a bath and shower for extended choice and convenience. The rear of the property features a communal garden, shared with the unit below.
At an expected rental PCM of £700, the property at its list price would generate an 11.2% yield PA.
Lounge
11' 4" x 11' 4" ( 3.45m x 3.45m )Double glazed window to front and side. Access to kitchen. Carpet flooring. Electric heater unit.
Kitchen
7' 10" x 5' 6" ( 2.39m x 1.68m )Double glazed window to side. Tiled flooring. Fitted units and worktops. Sink and drainer. Space for electric oven. Space for fridge freezer. Cooker head.
Landing
Access to lounge, bedroom, and bathroom. Loft hatch access. Carpet flooring. Electric heater unit. Integrated storage cupboard.Bedroom One
11' 2" x 8' 9" ( 3.40m x 2.67m )Double glazed window to rear. Carpet flooring. Electric heater unit.
Bathroom
Double glazed window to rear. Vinyl flooring. Part tiled walls. Wc and wash hand basin. Bathtub with shower head unit. Electric heater unit.
Utilities, rights & restrictions
Utility supply:
- Electric Ask agent
- Water Ask agent
- Heating Ask agent
- Broadband Ask agent
- Sewerage Ask agent
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
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Monthly mortgage estimate
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Lowestoft team...
138 London Road North
LOWESTOFT
Suffolk
NR32 1HB
LOWESTOFT
Suffolk
NR32 1HB
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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