Sold STC Terraced

45 MARINE PARADE

LOWESTOFT, SUFFOLK NR33 0QN

3 baths 2,282 sq ft Listed 8 Oct 2024 (-613d)

£325,000

Offers Over

Reduced on 23 Oct 2024

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Property details

Tenure

FREEHOLD

Floor area

212 m²

Council tax band

C

EPC rating

D

Year built

England and Wales: before 1900

Last sold

£325,000 Feb 2025

Price per m²

£1,533/m²

Local average

£198,807 (+63.5%)

Deprivation

Decile 1 (333 of 33,755)

Street crime

244 incidents within 1 mile (Apr 2026)

Key features

  • FOUR STOREY RESIDENCE - CHAIN FREE
  • INVESTMENT OPPORTUNITY
  • DESIRABLE VIEWS OF LOWESTOFT'S AWARD WINNING BEACH
  • TOTAL OF SIX BEDROOMS - A BATHROOM, TWO SHOWER ROOMS & TWO WC'S
  • FOUR VERSATILE RECEPTION ROOMS & A FITTED KITCHEN
  • SELF-CONTAINED LIVING SPACE IN THE CONVERTED BASEMENT
  • ORIGINAL CHARACTER FEATURES - LARGE BAY WINDOWS, VICTORIAN CEILING ROSE, FEATURE FIREPLACES & HIGH CEILINGS
  • ENCLOSED REAR GARDEN & AMPLE OFF-ROAD PARKING AVAILABLE
  • IN CLOSE PROXIMITY TO ALL LOCAL AMENITIES AND THE BEACH!

Additional details

Parking
Yes
Garden
Yes
Restrictions
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

Explore comfortable and versatile living in this four-storey residence, with separate accommodation in the converted basement. Located in the seaside town of Lowestoft, being in close proximity to all local amenities and natural surroundings, with breath-taking views of the award winning beach. Its amazing accommodation consists of a sitting room, formal dining room, fitted kitchen and six bedrooms. The basement includes a living room, kitchen, double bedroom and a shower room. Externally you will discover ample off-road parking and a low maintenance garden.
LOCATION
This home is located on the most easterly point of the British Isles, in the traditional seaside town of Lowestoft. This wonderful seaside destination is steeped in history and offers a delightful blend of coastal allure and urban convenience. With its Blue Flag award-winning sandy beaches, Victorian seafront gardens and two charming piers, residents are treated to strolls along the shore and tranquil moments amidst nature's beauty. There are a number of schools in the area to suit all ages. Nearby Lowestoft town centre offers a range of amenities including a Post Office, Bus Station and the Railway station.
MARINE PARADE
Step inside where you are greeted by a welcoming entrance hall. Currently at the front of the residence is a formal dining room that creates the perfect social space for family gatherings, with the presence of a beautiful bay window, while the rear reception room is a sitting room.The kitchen is fully fitted with units and appliances, offering plenty of storage space and plumbed-in dishwasher, washing machine and a tumble dryer.
The two upper floors offer six bedrooms in the main residence, plus a four piece suite family bathroom, shower room and a WC. The spectacular views at the front of the house have encouraged the current alternative use of two of these rooms, one as an upstairs sitting room, and the other as a spacious study/craft room. The property benefits from a basement, creating a self-contained living space for accommodating guests, additional living quarters for family members, or generating rental income. This floor includes a comfortable sitting room, fitted kitchen, a double bedroom and a shower room, adding a layer of privacy and flexibility to the living arrangements.
At the rear is a low maintenance courtyard garden, predominately paved, bordered by raised beds and enclosed by walls. This space is perfect for relaxing in the afternoon sunshine or simply enjoying the fresh air. Ample off-road parking can also be discovered at the rear, ensuring ease for all residents and visitors.
AGENTS NOTES
We understand that this residence is freehold.
Connected to mains water, electricity, gas and drainage.
Heating system - Gas central heating.
Entrance to parking is shared with a neighbour.
Council Tax Band: C
EPC Rating: DDisclaimer
Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Listed by

Oulton Broad

MINORS & BRADY LIMITED

Reference: 153488342

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 08/10/2024

Expiry date: 07/10/2034

Current heating cost: £1,953/year

Potential heating cost: £1,333/year

Est. upgrade cost to C: £13,900

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Upgrade heating controls (£350 - £450)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #1689691

Property Details

Street: 45 Marine Parade

Town: Lowestoft

Postcode: NR33 0QN

Installation Details

Items: 10 windows and 3 doors

Certificate Issued: 10/05/2004

Work Completed: 21/04/2004

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 27/02/2025 (1 year ago) £325,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
39 WINDSOR ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BP £255,000 13/01/2026 Terraced
17 WINDSOR ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BP £200,000 18/12/2025 Terraced
162 LONDON ROAD SOUTH, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BB £122,000 17/12/2025 Terraced
10 CLEVELAND ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BN £275,000 10/11/2023 Terraced
4 ST JOHNS ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PH £158,000 23/10/2023 Terraced
20 CLIFTON ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0HF £80,000 11/08/2023 Terraced
6A PIER TERRACE, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0AB £130,000 28/03/2023 Terraced
Same street 32 FLAT 1 MARINE PARADE, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0QN £100,000 28/02/2023 Flat
7 GROSVENOR ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BW £245,000 02/12/2022 Terraced
5 ST JOHNS ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PH £152,000 23/11/2022 Terraced
5 TURNERS COTTAGES, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PN £99,000 23/11/2022 Terraced
23 ST JOHNS ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PH £140,000 18/10/2022 Terraced
19 ST JOHNS ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PH £95,500 12/10/2022 Terraced
15 CLEVELAND ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BN £264,000 12/09/2022 Terraced
37 GROSVENOR ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BW £230,000 26/08/2022 Terraced
47 ST JOHNS ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PH £112,000 12/08/2022 Terraced
13 MILL ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PW £106,500 05/08/2022 Terraced
13 ST JOHNS ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0PH £134,000 17/06/2022 Terraced
23 WINDSOR ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BP £250,000 16/06/2022 Terraced
12 CLEVELAND ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BN £230,000 16/06/2022 Terraced
9 WINDSOR ROAD, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0BP £260,000 30/05/2022 Terraced
Same street 43 MARINE PARADE, LOWESTOFT, EAST SUFFOLK, SUFFOLK, NR33 0QN £295,000 06/08/2021 Terraced

Street average: £197,500 (2 sales)

Area average: £176,900 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 35.4%
10y growth 62.5%

House Price Index (HM Land Registry — official index, not sold-price averages): East Suffolk. Series: Terraced. As of March 2026.

1y (index) 0.3%
5y (index) 12.6%
10y (index) 43.6%

Rental Range

Estimated market rent for East Suffolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £749/mo
Realistic £832/mo
Optimistic £915/mo

Based on Local Authority from postcode lookup → East Suffolk.

LHA (30th percentile) floor for Lowestoft & Great Yarmouth: Apr 2025 – Mar 2026

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Mill Road 0.0 miles
Shop Pinky's Beach Shop 0.1 miles
Shop Unknown 0.2 miles
Train station Lowestoft 0.4 miles
Train station Oulton Broad North 1.4 miles
Hospital Airey Close 2.3 miles
Hospital James Paget University Hospital 6.5 miles

Street-level crime

Category Count
Violence and sexual offences 76
Criminal damage and arson 43
Shoplifting 31
Anti-social behaviour 22
Vehicle crime 19
Public order 15
Drugs 14
Other theft 9
Burglary 5
Bicycle theft 4
Theft from the person 4
Possession of weapons 1
Robbery 1
Total incidents 244

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Red Oak Primary School Primary 0.4 miles Good — 15 Mar 2017
Ness Point School Other 0.6 miles Good — 15 Jan 2023
Phoenix St Peter Academy Primary 0.6 miles (Inspected (no overall grade))
St Mary's Roman Catholic Primary School Primary 0.6 miles Good — 12 Jun 2024
Roman Hill Primary School Primary 0.7 miles (Inspected (no overall grade))

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Mill Road, NR33 £795/mo 2 0.09 miles OpenRent
3 Bed Terraced House, Union Place, NR33 £995/mo 3 0.2 miles OpenRent
3 Bed End Terrace, Beaconsfield Road, NR33 £875/mo 3 0.25 miles OpenRent
2 Bed Flat, Suffolk Road, NR32 £700/mo 2 0.4 miles OpenRent
2 Bed Terraced House, Tonning Street, NR32 £750/mo 2 0.42 miles OpenRent
3 Bed Terraced House, Lovewell Road, NR33 £2,750/mo 3 0.43 miles OpenRent
2 Bed End Terrace, Harold Road, NR33 £800/mo 2 0.45 miles OpenRent
2 Bed Flat, London Road South, NR33 £700/mo 2 0.47 miles OpenRent

Average rent: £1,046/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.25%
Max investor price (0.8%) £99,750
Target investor price (1%) £79,800
Gross yield 2.9%
Cost-to-rent ratio 34×
Monthly cashflow £-587/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -7.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).