Auction

1/19

Auction

1/19

2 bed house for sale Melbourne Road, Lowestoft, NR32

Guide Price

£100,000

Added on 23/09/2026

For sale by auction

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £136 per sq ft
Tenure: Freehold

Key features

Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Spacious Lounge/Diner
Two double bedrooms
Excellent public transport links
Close to wide range of amenities

About this property

Situated in a convenient North Lowestoft location, this characteristic terraced home offers spacious and flexible living, arranged over three floors, making it an ideal purchase for first-time buyers, families, or investors alike. The heart of the property is the inviting lounge/diner, featuring attractive natural wood flooring and a charming wood-burning stove, creating a warm and cosy atmosphere while still providing ample space for both relaxing and entertaining. Stairs to the first floor lead from the living area, while an opening leads through to the well-equipped kitchen.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,557
Band B

£1,816
Band C

£2,075
Band D

£2,335
Band E

£2,854
Band F

£3,372
Band G

£3,891
Band H

£4,670

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In East Suffolk, 2026/27 bills run from £1,557 a year in band A to £4,670 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across East Suffolk, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£136 / sq ft

Area average (sold)

£245 / sq ft

Price per area, sold homes nearby

£140 / sq ft

£136 / sq ft

£345 / sq ft

Lowest

This home

Highest

£136 per sq ft, below almost all recent sales in NR32 (£140–£345, 10th–90th percentile, 999 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 999 homes sold in NR32 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in NR32 →

Location

Melbourne Road, Lowestoft, NR32

Open map Street View

Mortgage and stamp duty

Property price £100,000

£50k £150k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
36, Melbourne Road Terraced	Terraced	May 2023	614 sq ft £196/sq ft	614 sq ft	£196	£120,000
38, Melbourne Road Terraced	Terraced	Nov 2018	517 sq ft £176/sq ft	517 sq ft	£176	£91,000
42, Melbourne Road Terraced	Terraced	Feb 2012	495 sq ft £115/sq ft	495 sq ft	£115	£57,000
40, Melbourne Road Terraced	Terraced	Mar 2008	753 sq ft £131/sq ft	753 sq ft	£131	£99,000
36, Melbourne Road Terraced	Terraced	Mar 2006	614 sq ft £75/sq ft	614 sq ft	£75	£46,000
51, Melbourne Road Flat / maisonette	Flat / maisonette	May 2003	463 sq ft	463 sq ft	n/a	£450
51a, Melbourne Road Flat / maisonette	Flat / maisonette	Feb 2003	474 sq ft	474 sq ft	n/a	£22,000
38, Melbourne Road Terraced	Terraced	Jul 2002	517 sq ft £89/sq ft	517 sq ft	£89	£46,000