We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · IP22 1EG
Listing removedReduced £10k (−4.2%) on 8 JulListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The sought-after village of Rickinghall (adjoining Botesdale) has long proved to be a desirable location, offering a variety of attractive period properties and homes of differing ages set within the heart of the village.
There is an excellent range of amenities and facilities, including a health centre, boutique shops, supermarket, public houses, schooling, a church, and good transport links.
The nearby market town of Diss lies just 7 miles to the east and provides a further extensive range of amenities, along with a mainline railway station offering regular and direct services to London Liverpool Street and Norwich.
This characterful property has been substantially renovated throughout, allowing new owners to move straight in and enjoy.
The ground floor features a spacious open-plan kitchen/living room, providing the perfect space to relax, entertain guests, or gather as a family.
The kitchen is fitted with an integrated oven, induction hob, and extractor fan, along with space for a washing machine beneath the worktop.
The living area benefits from a log burner set within an inglenook fireplace, creating a wonderful focal point and a cosy atmosphere for the winter months.
Ascending the spiral staircase to the first floor, you will find two generously sized bedrooms, both freshly decorated and fitted with new carpets.
To the rear is the family bathroom, comprising a WC, wash basin, and a bath with shower over.
Externally, the property has been fully re-rendered and redecorated, and benefits from a generously sized private garden, predominantly laid to lawn, complemented by a paved seating area ideal for outdoor dining and entertaining during the summer months.
Kitchen/living area - 6.65m x 4.24m (21'10" x 13'11") first floor level - landing bedroom - 4.39m x 2.95m (14'5" x 9'8") bedroom - 2.79m x 2.49m (9'2" x 8'2") bathroom - 2.82m x 1.52m (9'3" x 5'0") agents note Material Information regarding the property can be found in our Key Facts for Buyers interactive brochure located in the Virtual Tour services Drainage - mains Heating - oil EPC Rating E Council Tax Band B Tenure - freehold Anti-Money Laundering Fee Statement To comply with hmrc's regulations on Anti-Money Laundering (aml), Whittley Parish are legally required to conduct aml checks on every purchaser(s) once a sale is agreed.
We use a government-approved electronic identity verification service from Landmark to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted.
This fee to Whittley Parish is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Red House, The Street, Diss
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