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See how verdicts work2-bedroom terraced house · NR35 1LJ
Listing removedListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £210,000 - £220,000 **RENOVATED END TERRACE OFFERED WITH NO ONWARD CHAIN** Gilson Bailey are delighted to offer this stunning and recently renovated two-bedroom end-terrace home, perfectly positioned in the highly sought-after market town of Bungay.
Beautifully updated throughout, the property features a spacious lounge/diner and a contemporary fitted kitchen on the ground floor, while the first floor offers two well-presented bedrooms and a stylish bathroom off the landing.
Outside, the home enjoys a driveway providing off-road parking, a garage, and an attractive tiered rear garden boasting lovely views.
With double glazing, brand-new gas heating (boiler installed in 2025), and a high-quality finish throughout, this exceptional home is ideal for first-time buyers or buy-to-let investors.
Early viewing is strongly recommended.
Location - Situated in the popular market town of Bungay, the home benefits from a quiet setting while still being within easy reach of local schools, shops, cafés, and transport links.
Bungay offers a strong community feel with the River Waveney close by, and excellent access to both the Norfolk and Suffolk countryside.
Accommodation Comprises - Front door to: Lounge/Diner - 5.96 x 3.63 (19'6" x 11'10") - Double glazed window, two radiators, cupboard, stairs to first floor.
Kitchen - 3.65 x 2.37 (11'11" x 7'9") - Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, integrated fridge/freezer and washing machine, double glazed window, door to rear.
First Floor Landing - Doors to two bedrooms and bathroom. Bedroom One - 3.64 x 3.42 (11'11" x 11'2") - Double glazed window, radiator.
Bedroom Two - 3.64 x 2.85 (11'11" x 9'4") - Double glazed window, radiator.
Bathroom - 1.95 x 1.68 (6'4" x 5'6") - Panelled bath with shower over, low level WC, hand wash basin, heated towel rail, frosted double glazed window.
Outside Front - Driveway providing off road parking leading to a garage.
Outside Rear - Tiered paved, lawned and shingled garden, mature plants and shrubs, shed, enclosed by timber fencing with side gate access. Local Authority - East Suffolk Council, Tax Band A.
Tenure - Freehold Utilities - ADSL copper wire broadband. Mains gas, water and electric.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
Area
Agent & docs
FAQ
About Waveney Road, Bungay
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