3-bedroom semi-detached house · NR35 1RJ
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IN SUMMARY NO CHAIN. Being only a few moments from the historic centre of town this SEMI-DETACHED BUNGALOW offers a WEALTH OF POTENTIAL both inside and out!
Internally, the property currently measures around 800 Sq.
Ft (stms) but does leave potential to be extended if desired (stp) by utilising the spaces around the home such as the PRIVATE REAR GARDEN and large sweeping DRIVEWAY with OVERSIZED GARAGE to the rear.
Once inside, the property does require some modernisation, but oozes with potential in every living space from the open SITTING ROOM which leads into the conservatory or the KITCHEN with open floor space to potential house a breakfast or dining table.
The property currently offers THREE DOUBLE BEDROOMS, with versatility being at the forefront here where if not required, one of these could be converted in to a more flexible depending on needs with all bedrooms having use of the three piece family bathroom suite.
SETTING THE SCENE The property is set back from the street where a low level brick wall currently houses mature planting beds with an opening taking you towards the L-shaped brick weave driveway which offers ample parking space to both the side and front of the home.
There are two separate accesses into the property, one at the very front of the home and another to the side whilst the oversized garage sits at the very end of the driveway.
THE GRAND TOUR Entering through the front door, the central hallway is the first place to greet you laid with tiled flooring.
A slightly wider opening area creates the ideal lobby entrance to slip off coats and shoes before heading into the remainder of the home.
Immediately to your right you will encounter the kitchen with a continuation of the same tile flooring.
Whilst this space does require some modernization, it currently houses a wide array of wall and base storage units with an integrated oven and hob featuring an extraction above an inset chrome sink.
An open floor space remains leaving more than enough room for a formal dining or breakfast table if desired, all fronted by uPVC double glazed windows.
The first of the double bedrooms can be found sat directly opposite this with a front facing aspect.
This room is laid with wood effect flooring and could easily accommodate a large double bed with additional soft furnishings.
Towards the end of the hallway, the sitting room can be found to the left hand side - the large and conventional layout of this room allows for a potential choice of layout of soft furnishings with carpeted flooring.
Currently this space flows directly into a second double bedroom and a conservatory space added onto the side of the home with carpeted flooring and French doors taking you into the rear garden.
The double bedroom coming off from the sitting room is again laid with wood effect flooring but benefits from a section of built in storage with views into the rear garden through the double glazed window with low level radiator below.
The third bedroom is accessed again from the hallway, this is another double bedroom whilst a three piece bathroom suite sits just next door to this access from the hallway, again a space potentially needing some modernization however offering a wealth of potential where currently a recently updated electric shower and glass screen can be found mounted over the bath with tall heated towel rail.
FIND US Postcode : NR35 1RJ What3Words : ///blues.yachting.emerge VIRTUAL TOUR View our virtual tour for a full 360 degree of the interior of the property.
EPC Rating: D Garden THE GREAT OUTDOORS The rear garden is fully enclosed with a mixture of timber panel fencing and tall mature shrubs.
A flagstone patio seating area can be found just off from the conservatory whilst an open lawn space reaches up beyond this giving the ideal space to enjoy with family and friends whilst retaining privacy.
Access to the driveway can be found through a swinging iron gate whilst a door takes you into the oversized garage and inspection pit, benefitting from power and plumbing with water.
Disclaimer Anti-Money Laundering (AML) Fee Statement: To comply with HMRC's regulations on Anti-Money Laundering (AML), we are legally required to conduct AML checks on every purchaser once a sale is agreed.
We use a government-approved electronic identity verification service to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
The cost of anti-money laundering (AML) checks are £50 including VAT per person, payable in advance after an offer has been accepted.
This fee is mandatory to comply with HMRC regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
General Disclaimer: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About Tower Mill Road, Bungay
Explore nearby