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8 Tunneys Lane, Ditchingham, Bungay, Norfolk NR35 2RQ - Image 1
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8 Tunneys Lane, Ditchingham, Bungay, Norfolk NR35 2RQ

East of England

£300,000

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1361 sqft

Description

This spacious two-bedroom detached bungalow, set on an expansive plot of approximately 0.44 acres, presents a significant opportunity for renovation and investment. Located in the desirable area of Tunney's Lane, to the north of Ditchingham, this property has been owned by the same family for over four decades and, while well-maintained, is now ready for modern updates to unlock its full potential. The home features charming architectural elements typical of its era, including a large bay window and parquet flooring throughout many areas. The interior layout includes a generous sitting room, separate dining room, kitchen with pantry, a garden room, utility area, two double bedrooms, and a shower room. Outside, the property boasts a spacious driveway that leads to a single garage with an electric roller door and a lovely rear garden filled with mature plants and trees. This bungalow’s prime positioning offers ample space for further extensions or landscaping improvements. An ideal project for those looking to create their dream home or capitalize on investment potential in this attractive location.

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Investment analysis

(NR35 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£220/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£438,575
10% above area average per sq ft
Potential ROI
+29.0%
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
8%
Properties sold annually

Local Market Trend (NR35)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -13.4%
5 year growth: +6.8%
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

8 Tunneys Lane, Ditchingham, Bungay, Norfolk NR35 2RQ
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% 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

Next Steps

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