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See how verdicts work2-bedroom house · NR35 1DF
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Halesworth - 8.6 miles Beccles - 6.2 miles Norwich City - 16.6 miles Southwold & The Coast - 17.2 miles Situated just footsteps from the town centre and the stunning open green space at the Castle Hills and Waveney Valley beyond, this simple yet charming two up, two down terraced cottage has had a full redecoration ready for a new owner to move in.
Internally a sitting room, kitchen breakfast room, lobby and bathroom feature, whilst upstairs the large front bedroom leads to the rear.
Outside a courtyard garden is set to the rear whilst the front offers a large south facing garden looking onto Quaves Lane. Offered with No Chain, this is a must view.
The property comprises briefly : Sitting Room Kitchen/Breakfast Room Rear Lobby Bathroom Main Bedroom Bedroom Two Spacious South Facing Frontage Rear Courtyard The Property Stepping through the front door of this superbly located property we enter via the sitting room where the space offers a pleasant surprise and natural light pours in through a large window overlooking the front gardens.
A feature fireplace commands a focal point to the room and although closed off, the fireplace and chimney remain intact and could be put back to use subject to a satisfactory inspection.
A door to the rear opens to the kitchen/breakfast room. This space is fitted with a basic range of units with space provided for a new owner to design a kitchen of their choice.
The sink is set below a window looking onto the courtyard whilst a door opens to the staircase. At the rear we find a lobby area that leads to the bathroom and the courtyard outside.
The bathroom is fitted with a bath, wash basin and w/c. On the first floor the stairs rise into the main bedroom which offers superb proportions and enjoys the view to the front.
A door opens to the rear bedroom which offers a slightly smaller double room. The front bedroom offers adequate space to create a landing to separate these rooms.
Outside From Quaves Lane we pass the boundary wall via a gate that opens to the extensive south facing front garden.
A path passes the lawns and leads us to the front door of the property whilst a range of established hedges and shrubs frame the garden.
At the rear we step from the rear lobby out to the small courtyard area.
Location This charming cottage is superbly situated on one of this market town's rarely available lanes just footsteps from the Town and the open green space that forms the Castle Hills and Waveney Valley beyond.
Bungay offers a good range of all the necessary amenities and shops, schools, antique shops, restaurants, The Fisher Theatre (now showing films) and leisure facilities including indoor swimming pool and golf club.
The Cathedral City of Norwich is about 30 mins drive to the North and has a mainline train link to London Liverpool Street (1hr 54mins).
Diss provides another mainline link to London and is 17 miles distance. The unspoilt heritage coastline of Suffolk with the lovely beaches of Southwold and Walberswick are a short distance away.
Fixtures and Fittings All fixtures and fittings including curtains are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.
Services Mains Electricity. Mains Water. Mains Drainage.
Energy Rating: E (potential for B rating with improvements) Local Authority East Suffolk Council Tax Band: A Postcode: NR35 1DF What3Words: ///lifetimes.wharfs.logo Tenure Vacant possession of the freehold will be given on completion.
Agents Note The property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Quaves Lane, Bungay
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