3-bedroom semi-detached house · NR35 2PX
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A seriously spacious three bedroom semi detached home offering an exceptional amount of living space, a huge driveway, west facing landscaped garden and a fantastic insulated outbuilding.
Situated in the popular village of Ellingham, this is a home where the proportions really need to be seen to be appreciated.
From the amount of parking outside to the size of the rooms inside, there is an incredible amount of space on offer, making this a brilliant option for families looking for something a little different.
The property is approached via an extensive driveway providing off road parking for numerous vehicles.
Once inside, you are welcomed into a spacious hallway and dining area which forms a central part of the ground floor and flows naturally through the home.
To the left is the modern fitted kitchen, while towards the rear is a fantastic family and games room, currently home to a full size snooker table.
This is a brilliant entertaining space with French doors opening directly onto the west facing garden, as well as the added convenience of a downstairs WC.
The main living and dining room is another standout feature. Measuring approximately 8.4m x 4.1m, it is an enormous reception space with plenty of room to create separate living and dining areas.
A wood burner provides a focal point to the room and adds plenty of character to what is already an impressive space. Upstairs, the proportions continue.
The main bedroom is exceptionally large, with extensive built in storage, a dressing area and its own en suite.
There are two further double bedrooms alongside the family bathroom, making this a genuine three double bedroom home.
Outside, the west facing rear garden has been landscaped to provide a great space for families, entertaining and enjoying the afternoon and evening sun.
There is also a substantial insulated outbuilding measuring approximately 15ft x 6ft, offering excellent potential as a home office, gym, hobby room or additional storage.
The property is heated via an 2 year old air source heat pump and combines modern features with an amount of space that is increasingly difficult to find.
For buyers wanting a substantial family home with huge living areas, three double bedrooms, masses of parking and a west facing garden, 1 Mill Lane offers an awful lot of house for the money.
Value & comps
No previous sales on record.
Returns
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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 Mill Lane, Ellingham, Bungay, NR35 2PX
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