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See how verdicts work2-bedroom flat · NR35 2SH
For saleReduced £10k (−4.8%) on 12 AugListed 149 days
Opportunity summary
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About
In summary Welcome to this stylish and spacious two bedroom ground floor apartment, perfectly positioned within a sought after and exclusive development.
From the moment you step inside, you are welcomed by a bright and airy entrance hallway, leading directly into the open plan kitchen/reception space (ideal for entertaining or relaxing evenings at home), which seamlessly opens onto the expansive private garden.
The contemporary kitchen is well-equipped with modern appliances and ample storage, while the generous reception area offers plenty of space for both dining and lounging.
Two double bedrooms provide comfortable accommodation, with the principal bedroom benefiting from an en suite shower room, and a stylish family bathroom serving the second bedroom and guests.
The property is presented in good order throughout, ready for immediate occupation, making it a superb option for first time buyers or those looking to downsize without compromising on quality or comfort.
Additional features include allocated off road parking for two vehicles (a rare find in such a prime location), double glazing, and efficient gas fired central heating, ensuring a warm and welcoming environment all year round.
The private and enclosed garden really sets this apartment apart from anything else with an expansive private lawned garden wrapping around the building providing excellent space for all year round enjoyment.
Setting the scene The property is found to the back of the development with communal parking to the side of the building with two allocated spaces for the apartment.
There is access to the building via the communal entrance with a secure entry telecom system. The apartment can then be found on the ground floor with its own private entrance door.
The grand tour The entrance Hall offers a large storage cupboard which houses the gas central heating boiler, doors leading to both bedrooms, bathroom and living area.
The Open-Plan Living Area is a spacious and bright space with double glazed window to side aspect and plenty of space for dining table and chairs as well as sofas and other furnishings, double glazed bi folding doors lead to a large private rear garden beyond.
The kitchen is open plan to the sitting room and provides a stunning modern white and grey kitchen featuring an assortment of wall and base units with handleless gloss grey fronts and dark stone effect worktop over, 1.5 bowl stainless steel inset sink with chrome mixer tap over, built-in electric oven with electric hob and modern stainless steel extractor above, built-in fridge freezer, built-in dishwasher, and washing machine.
The main bedroom is a great sized double bedroom with ample space for large wardrobes, bedside cabinets and drawers with double glazed window to side aspect and door leading to en suite shower room.
The en-suite offers a walk in shower cubical with chrome mixer shower over, tiles to floor, half tiled walls, hand basin with chrome mixer tap over, low-level WC, chrome heated towel rail.
Bedroom two is again a double room with glazed window to side aspect.
The family bathroom provides tiles to floor, half tiled walls, panelled bath with chrome mixer tap with shower attachment over, hand basin with chrome mixer tap over, low-level WC, chrome heated towel rail.
Find us Postcode : NR35 2SH What3Words : ///swarm.gathers.airless Virtual tour View our virtual tour for a full 360 degree of the interior of the property.
Agents notes Buyers are advised the apartment is leasehold with the following details; The lease was 999 years from 2013, with 986 years left.
We understand the leasehold details are as follows but would need to be confirmed at the point of purchase - The ground rent is approx £360 per year.
The service charge is approximately £155 per calendar month, and the management company is Trinity Estates.
EPC Rating: B Location Situated in Ditchingham, a south Norfolk village located approximately 1 mile outside the market town of Bungay, which provides many facilities for the local area with a range of shops, including a Co-Op Supermarket, two Newsagents, Fishmongers, Post Office, Hardware Store, Café by the river and a choice of fast-food outlets.
In addition, there is a Doctors' Surgery, Dentist, Library, Optician and Bank, together with a good bus service to Norwich and beyond.
Garden The great outdoors The property features its very own private and enclosed garden. Fully enclosed with gated access from the front of the building.
The extremely generously sized area is mainly laid to lawn with a large patio area in front of the doors leading to living area.
There is an electrical socket and outside tap to the rear as well as a timber built shed.
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
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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.
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FAQ
About 18 Waterside Drive, Bungay
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