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Fairfield Road, Bungay NR35 - Image 1
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Fairfield Road, Bungay NR35

East of England

£300,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow offers an exciting opportunity for buyers looking to invest in a property with significant renovation potential in the charming market town of Bungay. Set on a generous plot, the home benefits from mature gardens that provide ample space for outdoor enhancements or landscaping projects. Inside, the bungalow features two well-sized reception rooms, which can be reconfigured or modernized to create a more open-plan living space. The conservatory brings in abundant natural light and can serve as a delightful sunroom or be integrated into the main living area. The kitchen, while functional, could benefit from modernization and updating to contemporary standards. This property includes three good-sized bedrooms and two bathrooms, adding flexibility for families or guests. With careful planning and some investment, this bungalow could be transformed into a desirable family home reflecting your personal style. The existing garage offers additional storage options or could be repurposed as part of your renovation efforts. Overall, this property stands out as an excellent candidate for those wishing to put their own mark on it in one of Bungay's most sought-after residential areas.

Investment Analysis

(NR35 area)
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR35)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 0.7%
5 year growth: 19.7%
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

Fairfield Road, Bungay NR35
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE