Pennyfields, Bungay, Suffolk, NR35
East of England
£210,000
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
856 sqftFeatures
- Garage
- Garden
- Parking
Description
This detached, split-level two-bedroom bungalow is set in a cul-de-sac within walking distance of Bungay town centre. The property is vacant and offered with no onward chain, and the accommodation is described as requiring full modernisation. It includes a sitting/dining room, a separate kitchen, two double bedrooms and a family bathroom. The layout may offer scope to reconsider the relationship between the kitchen and living space, subject to the necessary permissions and building regulations.
A driveway provides off-road parking and leads to a substantial garage. To the rear, the garden is approximately 40ft long and has a leafy outlook, with scope for landscaping. The property is served by mains water, drainage and electricity, with warm air heating stated; services and appliances have not been tested.
Bungay offers shops, cafés, pubs, schools, healthcare and leisure facilities, as well as access to countryside and riverside walks. Norwich and Beccles provide further amenities and transport connections. The property is marketed by Winkworth, Poringland.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £210,000, this distinctive split-level bungalow is priced 16.3% below the local average per square foot, giving buyers a comparatively inexpensive way to acquire a project in a tucked-away village setting. Its unusual design, driveway and substantial garage add to the appeal, while the dated finishes, worn flooring and overgrown garden offer plenty of scope to shape the home to your taste.
The overall score is still a weak opportunity: the price is attractive, but the moderate project condition and economics leave little headroom against the implied current local average value. There is a clear medium-scale refurbishment canvas here, including scope to refresh the interior and improve the garden; any change to the partitioned living and kitchen space would need feasibility checks and the necessary approvals.
Key opportunities
- Refresh the dated finishes and worn flooring across the visible living spaces to create a more cohesive interior.
- Modernise the distinctive coloured-sanitaryware bathroom and dated kitchen to suit a new owner's style.
- Clear and landscape the overgrown rear garden, and explore whether the partitioned living and kitchen arrangement could be improved, subject to feasibility and approvals.
Key risks
None recorded.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Nearest stations
Beccles Rail Station
5.5 miles
Train · Beccles
Brampton (Suffolk) Rail Station
5.7 miles
Train · Brampton
Halesworth Rail Station
7.5 miles
Train · Halesworth
Reedham (Norfolk) Rail Station
9.5 miles
Train · Reedham
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£793
Based on a loan of £157,500 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
