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Tower Mill Road, Bungay

East of England

£235,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
914 sqft

Description

This three-bedroom semi-detached bungalow is situated in a quiet residential area of Bungay, conveniently located within walking distance to local amenities and bus routes. The property features a private driveway, a garage, and an attractive front garden that sets a welcoming tone. Inside, the home boasts considerable potential for renovation and personalisation. The spacious kitchen is equipped with fitted units and ample worktop space, perfect for those looking to modernise it according to their taste. The bright lounge benefits from large sliding doors that open onto the south-west facing rear garden, flooding the space with natural light throughout the day. The layout includes a master bedroom with garden views, along with two additional bedrooms located at different points in the home, allowing versatility for family living or guest accommodation. The shower room offers practical features such as handrails and a towel radiator but could benefit from updating to enhance functionality and style. The outdoor space boasts a patio area combined with well-kept lawn, creating an excellent opportunity for landscaping or gardening enthusiasts. This property stands out as a promising canvas for those looking to invest in renovations while enjoying a peaceful yet convenient location.

Investment Analysis

(NR35 area)

Below Market Value

This property is priced -11.9% below area average per sq ft

-11.9%
Potential saving
This Property
£257/sq ft
Area Average
£292/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£293,426
10% above area average per sq ft
Potential ROI
+8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR35)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -3.2%
5 year growth: +14.8%
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

Tower Mill Road, Bungay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£832
Based on a loan of £176,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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