4-bedroom semi-detached house · NR35 2JQ
For saleListed 80 days
Opportunity summary
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About
**A Rare Riverside Home Steeped in History** Occupying an enviable position on the banks of the River Waveney, Falcon House is a charming four-bedroom semi-detached period home offering an exceptional opportunity to create a truly stunning waterside residence.
Formerly the historic Falcon Public House, dating back to the 1700s, the property was thoughtfully converted into a private home in 1970 and today retains an abundance of original character and generous proportions throughout.
Now requiring a degree of updating, Falcon House presents buyers with the opportunity to sympathetically enhance and modernise a property of considerable charm while preserving its rich heritage.
The spacious accommodation, beautiful riverside setting and extensive gardens combine to create a home of immense potential.
The accommodation begins with a welcoming entrance hall, featuring a staircase to the first floor and providing access to the principal ground floor rooms.
To the front of the property, the elegant sitting room enjoys a large sash window overlooking the frontage, filling the room with natural light, whilst a feature fireplace creates an attractive focal point.
The kitchen overlooks the rear garden and offers scope for redesign, while the separate dining room enjoys direct access to the garden through glazed doors, making it an ideal space for entertaining.
The ground floor is further complemented by a cloakroom, utility room and boiler room, with double doors opening onto the rear garden.
The first floor offers three well-proportioned bedrooms, including a generous principal bedroom with built-in storage cupboards.
Completing this floor is a family bathroom alongside a separate shower room.
A further staircase rises to the attic level, where two substantial attic rooms offer excellent potential for conversion into additional bedrooms, a home office or hobby rooms, subject to any necessary consents.
Outside, the property continues to impress.
To the front, there is off-road parking for two vehicles together with a pathway leading to the entrance, bordered by an attractive variety of mature shrubs and planting.
The true highlight of Falcon House lies to the rear.
The generous gardens are predominantly laid to lawn and enjoy a sunny patio area, mature flower and shrub borders, and an outstanding position alongside the River Waveney.
With extensive river frontage, the gardens provide a peaceful and picturesque setting where wildlife, boating and the changing seasons can be enjoyed from the comfort of your own home.
This exceptional riverside location offers a rare combination of privacy, tranquillity and natural beauty.
Offering immense potential in one of the area's most idyllic settings, Falcon House represents a unique opportunity to acquire a historic riverside home with character, generous accommodation and spectacular gardens, all within easy reach of the market town of Bungay and the Norfolk Broads.
SERVICES Mains services are connected oil fired central heating.
(Durrants has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order.) TENURE Freehold.
VIEWING Strictly by appointment with the agent's Beccles Office. LOCAL AUTHORITY South Norfolk Council. Council Tax Band – F AGENTS NOTE Grant of probate is applied for but not yet received
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.
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