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£175,000

Waveney Drive, Lowestoft, Suffolk, NR32

Key Features

  • Cash Buyers Only
  • 2 Properties Included In The Asking Price
  • Ideal Investment Opportunity
  • Popular South Lowestoft Location
  • Great Potential

Description

*** Investment Opportunity – Two Properties – Waveney Drive, South Lowestoft ***
Aldreds are delighted to offer this unique investment opportunity to purchase two semi-detached properties at numbers 32 and 34 Waveney Drive, South Lowestoft, included within one combined asking price. Both properties date from the 1930s and are currently uninhabitable, requiring considerable renovation and refurbishment throughout. Offering potential for investors and developers, the properties each benefit from a rear garden, while number 34 also boasts an additional side garden, presenting potential for further development, subject to the necessary planning permissions. Conveniently located in South Lowestoft, the properties are within walking distance of local amenities and Lowestoft’s popular beaches. Cash buyers only. Early enquiries and viewing arrangements are strongly recommended to appreciate the potential this opportunity offers.

The Opportunity - Great chance to purchase 2 unhabitable semi detached homes. The opportunity would be to develop the existing buildings or redevelop the site.

The Location - The properties are located in South Lowestoft being in a desirable position within walking distance of local amenities and South Lowestoft beach.

Viewing Arrangements - The properties are classed as unsafe for internal viewings so please call the Aldreds office and we can arrange to meet you on site.

Suitable Buyers - Due to the condition of the properties and the amount of work required we are asking for cash buyers only.

Conclusion - The listing comprises two properties, Nos. 32 and 34 Waveney Drive, being offered for sale as an exciting development opportunity. The site offers a range of possibilities, including the refurbishment and improvement of the existing buildings, their reconfiguration, or the comprehensive redevelopment of the entire site. Potential options could include creating one substantial detached residence, retaining the properties as two semi-detached homes, or demolishing the existing buildings to facilitate a complete redevelopment, subject to the necessary planning permissions and consents. This represents an attractive opportunity for developers, investors or private purchasers seeking to maximise the potential of the combined site.

Overage Clause - Please note there is no overage clause on the existing buildings but an overage clause will come in to place if the site is redeveloped.

Ref: L2730/10/26 -

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-10-13

Utilities & Restrictions

Utilities

Electricity
Mains
Water
Mains
Heating
Electric Heating
Broadband
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Sewerage
Mains

Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
Yes

Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

1.8 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

OutdoorsIndoorsEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Predicted 4G and 5G signal; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Red Oak Primary School400 metresNo Ofsted rating
    Ages
    3 to 11
    Pupils
    420
    Type
    Academy sponsor led
  • Phoenix St Peter Academy638 metresOfsted: Good *
    Ages
    3 to 11
    Pupils
    109
    Type
    Academy sponsor led
  • Roman Hill Primary School958 metresOfsted: Requires improvement *
    Ages
    3 to 11
    Pupils
    375
    Type
    Academy sponsor led
  • St Mary's Roman Catholic Primary School0.7 milesOfsted: Good
    Ages
    4 to 11
    Pupils
    155
    Type
    Academy converter
    Faith
    Roman Catholic
  • Westwood Primary School1 mileNo Ofsted rating
    Ages
    2 to 11
    Pupils
    184
    Type
    Academy sponsor led

Secondary

  • East Point Academy707 metresNo Ofsted rating
    Ages
    11 to 16
    Pupils
    846
    Type
    Academy sponsor led
  • Ormiston Denes Academy1.4 milesOfsted: Good *
    Ages
    11 to 16
    Pupils
    711
    Type
    Academy sponsor led
  • Pakefield High School1.6 milesOfsted: Good
    Ages
    11 to 16
    Pupils
    679
    Type
    Academy converter
  • Benjamin Britten Academy of Music and Mathematics1.8 milesOfsted: Good *
    Ages
    11 to 16
    Pupils
    1,263
    Type
    Academy sponsor led
  • Cliff Park Ormiston Academy6.4 milesOfsted: Good *
    Ages
    11 to 16
    Pupils
    812
    Type
    Academy sponsor led

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Asda Lowestoft Superstore, Lowestoft208 metres
Co-op Kirkley, Lowestoft604 metres
Iceland Lowestoft Food Warehouse, Lowestoft751 metres

GP surgery

Kirkley Mill Health Centre521 metres

Pharmacy

Asda Pharmacy307 metres

Hospital

James Paget Hospital6.3 miles

Green space

Public Park Or Garden370 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Lowestoft Rail Station897 metres

Nearest bus stop

Riverside Business Park117 metres

Typical drive times

Beccles17 min · 9.6 miles
Lowestoft3 min · 1.1 miles
Southwold21 min · 12 miles
Norwich (city)42 min · 27 miles
Gorleston-on-Sea16 min · 8.8 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.

Rivers and the sea

High risk

Planning map: Flood Zone 3.

Surface water

High risk (1 in 30)

Not at the pin: mapped about 20 metres away.

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact Aldreds, Lowestoft

143 London Road North, Lowestoft, NR32 1NE

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