Black Horse Lane, Ditchingham, BUNGAY
WI

Black Horse Lane, Ditchingham, BUNGAY

By William H. Brown

£ 300,000

Reviews

3 out of 5 stars

William H. Brown says ..

** ATTENTION INVESTORS, THREE BEDROOM DETACHED BUNGALOW situated in the idyllic village of Ditchingham and close to local amenities. This property has a large garden, garage, workshop, and ample parking. Internally there is the lounge, kitchen/diner, lean-to, shower room and the three bedrooms.

Property Oracle says ..

This three-bedroom detached bungalow in Ditchingham, Norfolk, presents a mixed bag of opportunities and challenges for potential buyers. Located in the desirable village of Ditchingham, it benefits from a relatively peaceful and convenient setting, with easy access to nearby Bungay and its amenities. The presence of several well-regarded primary and secondary schools within a reasonable distance adds considerable family-friendly appeal. Furthermore, the property has a good-sized garden providing ample space, plus a garage and workshop which is a very considerable bonus. This aspect is further enhanced by the ample off-street parking provided by the large driveway. However, the property’s interior presents a different picture. The property appears to be in need of a comprehensive refurbishment. The décor throughout is extremely dated, and the kitchen and bathroom are particularly outdated and in need of upgrading. This will undoubtedly impact any decision made by the prospective buyer, and could lead to a substantial investment being required before occupation. Therefore, while the location and land aspects are positive, the condition requires careful consideration. The list price seems relatively reasonable considering comparable properties in Ditchingham but buyers need to factor the substantial cost of modernization and renovation into the overall expenditure involved.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
936.46

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
430,000.00 £
Increased by 11.29 %
from 386,370.00 £
Est sale value
141,405.46 £
Decreased by 35.19 %
from 218,195.18 £
Average area rental value
840.00 £/mo
Decreased by 12.59 %
from 961.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.34 %
Decreased by 21.48 %
from 2.98 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Ditchingham Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.57 KM
Bungay Primary SchoolAcademy ConverterGood1.63 KM
St Edmund'S Catholic Primary SchoolAcademy Sponsor LedGood1.66 KM
Castle East SchoolFree Schools Special1.98 KM
Horizon SchoolPupil Referral UnitGood1.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Loke £ 260,00000.00 KM
Chicken Roundabout £ 460,00000.00 KM
Bridge Street £ 565,00000.00 KM
Millers Close £ 275,00000.00 KM
Howard Road £ 230,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Black Horse Lane, Ditchingham, BUNGAY £ 300,000BUY6 / 100.00 KM
Black Horse Lane, Ditchingham £ 300,000BUY6 / 100.06 KM
Station Road, Ditchingham, NR35 £ 350,000BUYUnknown0.18 KM
Ditchingham, Bungay £ 250,000BUYUnknown0.23 KM
Loddon Road, Ditchingham, Bungay £ 210,000BUY6 / 100.23 KM

Nearby Properties

AddressPriceDistance
Fair Haven £ 320,0000.01 KM
10 Black Horse Lane £ 157,0000.02 KM
10 Green Lane £ 260,0000.06 KM
28 Loddon Road £ 165,0000.15 KM
44 Loddon Road £ 195,0000.15 KM