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See how verdicts work3-bedroom semi-detached house · NR35 1TA
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming period semi-detached cottage perfectly arranged for those with an artistic flair in a delightful setting overlooking fields.
Property - The property is a charming semi-detached period cottage in a delightful semi-rural position yet convenient for Ditchingham and Bungay.
It has been substantially enhanced by the current vendors and has versatile accommodation.
Of particular note is the superb detached outbuilding that the vendors constructed in 2014 housing two excellent studios plus an office or third studio.
To the front of the house is a large driveway offering parking for several cars and leading to the integral garage.
The front door opens to the entrance hall with stairs to the first floor and door to the sitting room with window to the front and woodburning stove.
The kitchen was installed by the vendors and offers a comprehensive and attractive range of Shaker style wall and base units. There is a dining area to the other end of the room.
At the rear of the house is a lobby leading to the ground floor shower room which was updated in 2020 and a highly versatile further reception room or bedroom with French doors to the garden.
There is a useful separate utility room with door to the garage. On the first floor are three vaulted bedrooms.
The rear garden is an absolute delight, being laid principally to lawn with a variety of mature shrubs and trees. It adjoins fields at the bottom and is afforded a delightful outlook.
In addition to the studios there is a covered pottery area that could be adapted to create an outdoor kitchen.
Location - The property is in a charming semi-rural position adjoining fields to the rear and round the corner from the popular Silo coffee shop.
The delightful market town of Bungay with a range of local amenities is 1 mile away including shops and restaurants. Bungay also has a leisure centre and swimming pool.
The larger town of Beccles with its station and range of supermarkets is 5.7 miles. The house perfectly fuses country life with convenience to amenities. Services - Mains water and electricity.
Private drainage via shared septic tank with the adjacent cottage. Heating via woodburner and mobile radiators.
15 solar panels across the rear of the house and roof of the studios plus battery storage.
Viewings - Strictly by prior appointment with the vendors' sole selling agents, Durrants on Local Authority And Tax Band - East Suffolk - B Agent's Note - Please note the floorplans reflect the total area but do not show the exact positioning of the outbuildings in relation to the house
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About Wainford Road, Bungay
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