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See how verdicts work2-bedroom bungalow · NR35 1HP
Sold STCListed 213 days
Opportunity summary
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About
Beccles - 6 miles Halesworth - 9.2 miles Norwich - 15 miles We are pleased to offer this CHAIN FREE, semi detached two bedroom bungalow, situated within a small development of just eight properties in the heart of Bungay.
The accommodation comprises two bedrooms, a sitting/dining room, and a kitchen.
Outside, the property benefits from a low maintenance south facing rear garden with wonderful views over the Ditchingham Dam marshes, and off-road parking.
Accommodation comprises briefly: Entrance Hall Sitting/Dining Room Kitchen Master Bedroom Second Bedroom Shower Room Front & Rear Garden Countryside Views Off Road Parking Store Room The Property This property opens into a bright entrance hall that provides access to all rooms, a generous storage cupboard for coats and boots, and an airing cupboard housing an immersion heater.
To your immediate right, the kitchen features a range of wooden wall and base units with contrasting worktops, a stainless steel sink set under a window facing the front aspect, an electric cooker with a hob and extractor, and dedicated space for a fridge and washing machine.
The sitting/dining room, accessible from both the kitchen and the hall, has to one end windows either side of a glazed door leading into the conservatory that offers wonderful views of the Ditchingham Dam marshes.
The large master bedroom also enjoys these marsh views.
The accommodation further includes a second single bedroom at the front of the property and a part tiled shower room with a white suite comprising a walk in shower cubicle with an electric shower, wash hand basin and WC.
The property is in good condition throughout, and viewings are highly recommended. Outside The property is one of eight situated in a smart, crescent-shaped close on the edge of town.
To the front, there is parking for one vehicle along with additional visitor parking.
The front garden features a lawn on either side of a path leading to the front door, a side store room, and a gate providing access to the rear.
The south-facing rear garden is well proportioned and designed for low maintenance.
It is fully paved, making it ideal for outdoor dining, and includes two shingle areas perfect for potted plants and shrubs.
The garden also features a hexagonal greenhouse and is enclosed by fencing and low hedging, offering unobstructed views of the stunning Ditchingham Dam Marshes.
Location The property enjoys a central yet quiet location within walking distance of the town centre.
Bungay offers an excellent range of amenities, including various shops, schools, antique stores, and restaurants.
Local leisure facilities include an indoor swimming pool, a golf club, and The Fisher Theatre, which now shows films.
The Cathedral City of Norwich is approximately a 30-minute drive to the north (or 50 minutes via the hourly weekday bus service), providing a mainline rail link to London Liverpool Street in under two hours.
Additionally, the unspoilt Suffolk heritage coastline and the popular beaches of Southwold and Walberswick are only a short distance away.
Fixtures and Fittings All fixtures and fittings including curtains are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.
Services Gas fired central heating and hot water. Mains electricity, water and drainage.
EPC Rating: D Local Authority East Suffolk District Council Tax Band: B Postcode: NR35 1HP What3Words: ///slurping.stags.common Tenure Vacant possession of the leasehold will be given upon completion.
Leasehold: 971 years remaining Ground Rent: £87.64 (6 monthly) Management Fee: £652 (6 monthly) Agents Note The property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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