12 Lower Wells Close, Bungay
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12 Lower Wells Close, Bungay

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We have confidence in this estimated current valuation Updated recently
£92,560
Or £602 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 5, 2020
£75,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 12 Lower Wells Close, Bungay, a cozy and compact terraced type home with 2 bed in the NR35 2SB area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £92,560 and a rental potential of £602 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Aug 5, 2020. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Bungay - 1.2 miles
Beccles - 6.1 miles
Norwich - 15.9 miles

A superb opportunity to purchase this modern two double bedroom, mid-terraced 'Eco' home situated on the edge of the popular village of Ditchingham. The property is being sold as 40% shared ownership in association with Hastoe Housing. The property offers deceptively spacious accommodation with attractive views, generous gardens and off road parking. Viewing is essential.

Accommodation comprises briefly:
Entrance Hall
Ground Floor Cloakroom
Sitting Room
Kitchen/Dining Room
Master Bedroom
Second Double Bedroom
Bathroom
Attractive Gardens & Views
Two Off Road Parking Spaces
NO ONWARD CHAIN

The Property
Entering the property via the rear door we are welcomed by a large entrance hall where doors lead to all of the ground floor rooms and stairs rise to the generous first floor landing. On our left we pass an under stairs storage cupboard before entering the cloakroom which is fitted with a modern white w/c and wash basin. On the right hand side we find the sitting room. This generous room enjoys a view over the garden and offers ample space for our furnishings. At the head of the hall we enter the impressive kitchen dining room. At over 17.ft this room provides the perfect space for family living an d entertaining alike. A range of modern units line the walls with in-built oven, hob and extractor. A space is made for an upright fridge freezer and to the opposite side of the room a second set of units leave space for the washing machine and tumble drier. A large cupboard provides additional storage. To the front a door opens to the small courtyard with a window looking over the same. From here we also enjoy the stunning view over the green. Climbing the stairs we find two exceptional double bedrooms. To the front a large room room boasts two windows looking over the green whilst at the rear a second generous double bedroom enjoys a large built in cupboard. Completing the accommodation we find the bathroom which is fitted with a bath, sink and w/c. A shower and screen are fitted over the bath.

Outside
Approaching the property from Hollow Hill Road we pass the vast green area to the front via a private tarmac road way that leads to this modern, attractive development. An arch way leads us through to the parking area where we find two allocated parking space for each of the properties. From the car park a path leads us to the property and a timber gate opens to the rear garden area. Whilst a the path continues to the front of the property. The front garden has been laid to low maintains plumb slate with path leading to the door. A small feature pond is in place. From here we enjoy the open views over the extensive green to the front. At the rear we find an area of patio whilst the main garden is laid to lawn and enclosed by timber fencing. A garden shed is in situ.

Location
This modern mid-terraced home is superbly situated enjoying views over the green and within walking distance of the park, primary school, village green, convenience store, public house/restaurant and Broome Heath, ideal for those who enjoy walking and getting back to nature. The property also falls into the Hobart High School catchment area. Bungay lies 1.2 miles away within the popular Waveney Valley and offers a good range of all the necessary amenities and shops, schools, antique shops, restaurants, The Fisher Theatre (now showing films) and leisure facilities including indoor swimming pool and golf club. The unspoilt heritage coastline of Suffolk with the lovely beaches of Southwold and Walberswick are a short distance away.

Tenure
Vacant possession of the freehold will be given upon completion. The property is being sold as a 40% share of the freehold. 60% remains with Hastoe Housing under their lease agreement. £254.46 pcm is currently payable in rent.

Fixtures & Fittings
All fixtures and fittings including curtains are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.

Agents Note
The property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not. The sale is for a 40% share of the property with 60% remaining with Hastoe Housing.

Services
Eco Electric Central Heating, Mains water, drainage and electricity

Local Authority
South Norfolk Council
Tax Band: B
Postcode: NR35 2SB  "

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £421 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
St Edmund's Catholic Primary School
0.5mi
Bungay Primary School
0.7mi
Earsham CE VA Primary School
0.9mi
Ditchingham Church of England Primary Academy
1.0mi
The Attic
1.1mi
Nearby Stations
Beccles Station
5.7mi
Brampton (Suffolk) Station
6.5mi
Halesworth Station
8.5mi
Cantley Station
8.8mi
Reedham (Norfolk) Station
8.9mi

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 12 Lower Wells Close, Bungay worth?

    12 Lower Wells Close, Bungay is now worth £92,560 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 12 Lower Wells Close, Bungay - click click here to get a valuation with no strings attached.

  2. What is the rental value of 12 Lower Wells Close, Bungay?

    The current rental valuation for this property is £602 per month, within a price range of £541 and £662.

  3. How many bedrooms does 12 Lower Wells Close, Bungay have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 12 Lower Wells Close, Bungay?

    Nearby schools in include St Edmund's Catholic Primary School, Bungay Primary School, Earsham CE VA Primary School, Ditchingham Church of England Primary Academy, The Attic

    Nearby stations in include Beccles Station, Brampton (Suffolk) Station, Halesworth Station, Cantley Station, Reedham (Norfolk) Station.

  5. What type of property is 12 Lower Wells Close, Bungay

    This is a Terraced property. There are 2 other Terraced properties on LOWER WELLS CLOSE, and 14 in total.

  6. When was 12 Lower Wells Close, Bungay built? How old is 12 Lower Wells Close, Bungay?

    12 Lower Wells Close, Bungay was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Norwich, Norfolk Great Yarmouth, Norfolk Lowestoft, Suffolk Beccles, Norfolk Bungay, Suffolk