2-bedroom terraced house · NR35 1LJ
To rentReduced £25 (−2.8%) on 29 SepListed 52 days · slow let
Opportunity summary
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About
Bungay - 1.4 miles Beccles - 5.2 miles Norwich - 16.4 miles A delightful TWO DOUBLE BEDROOM mid terraced property in the heart of Bungay with GARDEN, GARAGE and PARKING together with lovely VIEWS to the rear.
Accommodation comprises briefly: Sitting/Dining Room Kitchen Two Double Bedrooms Shower Room Garage Off Road Parking Terraced Garden The Property: One enters into a spacious sitting/dining room with a large under-stairs cupboard for storage.
An attractive pine door leads through to a generous kitchen with a range of wall and base maple effect units and grey speckled worktop.
The kitchen benefits from an oven, dishwasher, washing machine, fridge and freezer.
Upstairs the property has two double bedrooms and a fully tiled shower room with a contemporary white suite consisting of a corner shower unit, vanity unit/wash basin and a close coupled w/c together with a heated towel rail.
Outside: One approaches the property down a couple of steps to the front door. In a separate block the middle garage belongs to the property with off road parking in front.
To the rear of the property there is a small enclosed patio with railings and a gate. There are steps down to the terraced garden with a further small patio area and a garden shed with rear gate.
Location: This property is located on the quieter outskirts of the market town centre of Bungay.
The town offers a good range of amenities including shops, schools, and restaurants, The Fisher Theatre (now showing films) is located in the town centre and leisure facilities including indoor swimming pool and golf club are found nearby.
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).
The unspoilt heritage coastline of Suffolk with the lovely beaches of Southwold and Walberswick are within easy driving distance for day trips and fish and chips. Services: All mains connected.
Gas fired central heating. Local Authority: Waveney District Council Tax Band: A EPC: C Postcode: NR35 1LJ
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Waveney Road, Bungay
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