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Waveney Road, Bungay, Suffolk, NR35

East of England

£280,000
Listed on 07/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1215 sqft

Description

This four-bedroom detached house spans approximately 1200 sq. ft, featuring a garage and an attractive garden. The property is being sold with no onward chain, offering a potential buyer the opportunity to create their ideal home. Located in a desirable residential area, you're just a short stroll away from local shops and schools, along with nearby open fields for leisure activities. As you enter through the welcoming porch, you'll move into the inner hall that includes a cloakroom. The spacious sitting room benefits from dual aspect windows and has ample room for a large dining table, providing great space for family gatherings. It flows seamlessly into a conservatory that overlooks the rear garden, creating a lovely connection between indoor and outdoor living. The kitchen is conveniently accessible from both the sitting room and the hallway and offers enough space for various built-in appliances. On the first floor, there are four generously sized bedrooms; the master bedroom includes an en-suite shower room in addition to the family bathroom. The exterior boasts a tiered garden with a sizable patio and grassy area that is fully enclosed, allowing you to design it exactly as you envision. A single garage accompanies off-road parking at the front of the property. There is also considerable potential for extending or even converting the garage (subject to planning), making this property ripe for further investment and enhancement.

Investment Analysis

(NR35 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£230/sq ft
Area Average
£293/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£391,260
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR35)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -10.1%
5 year growth: +9.7%
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

Waveney Road, Bungay, Suffolk, NR35
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£999
Based on a loan of £210,000 over 30 years at 3.97% 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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