In the heart of Lowestoft, a Victorian property at 47 London Road South is currently positioned for auction, offering a new opportunity following previous proposals that aimed to transform it into accommodation for asylum seekers. This mid-terrace house, which has seen three consecutive change of use applications rejected by East Suffolk Council, is now being marketed as a six-bedroom House of Multiple Occupancy (HMO) designed for “low-earning professionals,” a significant shift from its earlier intended demographic.

The property’s recent application stems from an ongoing dialogue between local stakeholders and the council about the pressing need for varied housing solutions in the region. In each of the previous attempts to convert the property for asylum seekers, local objections played a substantial role, with concerns raised regarding increased crime, flooding risks, and potential over-development. Residents and businesses alike voiced apprehensions that such a conversion would disrupt the existing community fabric, signalling a critical balance between demand for housing and the safeguarding of local welfare.

Currently listed for auction with a guide price between £180,000 to £200,000, the property features substantial accommodation spread over three floors, including seven bedrooms, which offers the promise of yield for prospective investors. Prior to its auction status, the house was reportedly let at an annual rate of £21,600, indicating a considerable return on investment potential once improved. Plans are also underway to enhance the property by demolishing the front boundary wall to create a new driveway, thereby facilitating off-road parking—a feature many prospective tenants value highly.

The versatility of the property mirrors wider trends in Lowestoft, where the council is increasingly looking to adapt residential spaces to meet varied housing needs. For instance, a recent approval for an 18-bed HMO conversion from a former day care centre highlighted the council’s willingness to respond to housing demands despite initial resistance. This contrasts with earlier proposals for HMOs that met with local disapproval, demonstrating the shifting landscape in interpretations of community needs and the balancing act councils must perform.

As the auction approaches, the outcome of this latest bid will not only impact the future of the property at 47 London Road South but will also shed light on the broader housing strategy in Lowestoft. The ongoing negotiations around future use, alongside the fluctuating responses from the community, underline the complexities inherent in local planning policies, particularly as they relate to multifaceted socio-economic challenges.

For prospective buyers, the opportunity to invest in a property that has transitioned towards addressing current housing demands could be seen as both a practical and strategic decision. The council’s role in navigating these multi-layered needs presents a crucial area for observation in the changing housing market of Lowestoft.

Reference Map:

Source: Noah Wire Services