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Free Lane, Ditchingham, Bungay

East of England

£295,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1171 sqft

Description

This charming three-bedroom detached property, dating back to the 1800s, is positioned within a scenic rural landscape and presented with no onward chain. While it currently requires refurbishment, this provides a fantastic opportunity for a buyer looking to imprint their personal style while preserving its inherent character. The property features a welcoming entrance hall that connects to a spacious sitting room, which boasts abundant natural light thanks to its triple aspect windows and includes a traditional fireplace. The kitchen also offers inviting views and essential elements such as an airing cupboard, along with direct access to a pantry. An additional reception room provides flexible living space and can be adapted to suit various needs. On the upper level, you will find three generously sized double bedrooms, two of which enjoy picturesque countryside views. A family bathroom completes this floor. Outside, the property is set within approximately 0.2 acres of tranquil gardens featuring well-tended flower beds and mature trees, alongside two brick outbuildings and off-road parking. Located on the Norfolk–Suffolk border in Ditchingham, this property benefits from the close-knit village community along with local amenities such as shops and schools. The surrounding area is ideal for nature enthusiasts, with picturesque walking paths and easy access to the River Waveney. With potential for significant enhancement through renovation, this property stands out as an investment opportunity in a desirable location.

Investment Analysis

(NR35 area)

Below Market Value

This property is priced -12.9% below area average per sq ft

-12.9%
Potential saving
This Property
£252/sq ft
Area Average
£289/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£372,390
10% above area average per sq ft
Potential ROI
+4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (NR35)

Area prices are rising by +6.8% over the last 12 months
3 year growth: -1.1%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on NR35 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Free Lane, Ditchingham, Bungay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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