2-bedroom house · NR35 1AW
Listing removedListed 147 days
Opportunity summary
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About
Summary Offered to sale by Auction.
Positioned prominently within the heart of the historic market town of Bungay, The White Swan presents a rare and exciting opportunity to acquire a substantial mixed-use property steeped in local heritage and brimming with potential.
Description Occupying a prime Market Place location, this former public house enjoys an enviable outlook, with views towards Bungay Castle to the rear and the striking St Mary’s Church to the front, placing it at the centre of the town’s rich architectural and cultural landscape.
The property offers generous and versatile accommodation arranged over two floors Outside To the rear, the property benefits from a substantial garden and parking area, a rare asset in such a central location.
This outdoor space not only provides practical parking but also offers significant development potential, all while enjoying a picturesque backdrop of Bungay Castle.
The building has benefited from a recently installed new roof, offering buyers a valuable starting point.
However, the property now requires extensive internal refurbishment throughout, presenting a blank canvas for redevelopment and bespoke design.
The White Swan has long been a familiar and characterful presence within Bungay’s historic Market Place, believed to date back to the 17th century and originally serving as a traditional coaching inn or public house for the town and its visitors.
Bungay is a highly sought-after market town on the Norfolk/Suffolk border, known for its independent shops, vibrant community, and rich history dating back to medieval times.
The town attracts both residents and visitors alike, making this an appealing location for commercial and residential use.
Ground Floor Commercial Space A large open-plan former bar/restaurant area with multiple rooms and ancillary spaces, ideal for a wide variety of commercial uses (subject to planning).
The scale and layout lend themselves to hospitality, retail, or alternative business ventures First Floor Residential Accommodation Spacious living accommodation above, offering scope for refurbishment into one or more residential units, or a substantial owner-occupier dwelling.
Ouside Outside To the rear, the property benefits from a substantial garden and parking area, a rare asset in such a central location.
This outdoor space not only provides practical parking but also offers significant development potential, all while enjoying a picturesque backdrop of Bungay Castle. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About The White Swan, 16, Market Place, Bungay
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