Victorian Home in Lowestoft Set for Auction Amid HMO Transformation Efforts
A mid-terrace Victorian residence, located in Kirkley at 47 London Road South, persists amid multiple failed attempts to convert it into asylum seeker housing. Three conversion proposals have stalled while a new plan targets a change into a House in Multiple Occupation for low-earning professionals; the plan awaits local council judgment. The home, which once yielded £21,600 per annum under lease, now enters auction with a guide price of £180,000 to £200,000 plus fees and must pass through renovations upon sale with vacant possession. Planning permission now covers the demolition of the existing front boundary wall and the construction of a new driveway for off-road parking, a decision that consolidates its structural potential. Spanning three floors, the property contains a dining area, kitchen, multiple bedrooms, and vital amenities, all configured with dependencies so tight that each relational link remains in close proximity. Scheduled to be sold at an online auction on June 18, the estate stands as a dense investment prospect in the housing market marked by enduring HMO transformation challenges.
