Hollybush Barn, Thwaite Road, Ditchingham, Bungay, Norfolk NR35 2RX

Description

An impressive Grade ll listed single storey barn with adjoining fire damaged two storey barn set in a delightful rural setting The principal building comprises an impressive L-shaped single storey barn displaying immense character and considerable potential, together with an attached two-storey barn which has suffered fire damage. The property offers a unique chance for a purchaser to create either two individual dwellings or, subject to any necessary consents, a magnificent country residence of exceptional quality. Set within mature and private gardens extending to approximately 0.5 acres, the property enjoys a peaceful and picturesque setting on the outskirts of the sought-after Waveney Valley town of Bungay. The surrounding countryside provides an idyllic backdrop whilst remaining conveniently placed for access to local amenities and transport links. Buildings of this calibre and character rarely become available and the combination of the historic Grade II Listed barns, generous grounds and outstanding potential is certain to appeal to developers, builders and those seeking to create a truly special family home.

Location

Hollybush Barn, Thwaite Road, Ditchingham, Bungay, Norfolk NR35 2RX. Located in the NR35 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Commercial / Mixed-Use Investment. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended commercial / mixed-use investment strategy with adequate contingency.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆