4-bedroom detached house · NR35 1TP
For saleListed 20 daysAuction 21 Oct · today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A former detached farmhouse destroyed by fire 2018 with a brick and timber detached barn offering a range of uses subject to planning
A rare opportunity to acquire the site of a historic former farmhouse together with a substantial detached barn, occupying an attractive rural position within approximately 1.83 acres in the picturesque Waveney Valley.
Bridge Farm is approached along a private track and surrounded by the attractive countryside within the Waveney Valley.
The original Grade II listed farmhouse, which dated from the 16th century, was extensively damaged by a fire in early 2018 and was subsequently delisted.
The property is now offered with a substantial detached brick and timber barn together with the former farmhouse site and grounds adjoining farmland and river meadows.
The property represents an exciting opportunity for builders, developers or private purchasers seeking to create an individual country home or alternative use in a highly attractive rural location, subject to all necessary planning and other statutory consents.
Prospective purchasers should make their own enquiries of the relevant Local Planning Authority regarding the potential for rebuilding, conversion or redevelopment of the site.
Please note, there is also a further area of land (1.04 acres) immediately to the north of the property that can be purchased from the current owner available by separate negotiation.
Tenure
Freehold
The House
Only the footprint of the building remains although it was believed to offer 4 bedrooms and a range of living rooms, kitchen and bathroom.
The Barn
The main barn measures 14m x 8m with a rear recess of 3,x2.2m giving an overall area of 118.6 sqm ( 1,276 sq ft)
Land
The property is being sold with approximately 1.83 acres although a further area of land can be purchased from the current owner.
Viewings
Viewings are strictly by appointment only. The final opportunity is Thursday 15 October. Call the Norwich office to book the next available appointment.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
East Suffolk Council
Solicitors
Sprake & Kingsley, Ref: John Hay, Tel: 01986 892721
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Bridge Farm, Low Road, Mettingham, Bungay, Norfolk NR35 1TP
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