2-bedroom terraced house · IP22 1EN
For saleReduced £5k (−2.6%) on 6 AugListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a pleasing and more secluded position the property is found towards the end of a small and popular close, backing onto rural farmland giving pleasing far reaching views.
The sought after village of Rickinghall (adjoining Botesdale) has proved to have been a desirable village over the years consisting of many period and attractive properties of different ages within the heart of the village.
There is an excellent range of amenities and facilities including health centre, boutique shops, supermarket, public houses, schooling, church and good transport links.
The nearby market town of Diss is found just 7 miles to the east which provides a further extensive range of amenities and facilities with the benefit of a mainline railway station with regular/direct services to London Liverpool Street and Norwich.
The property comprises of a two bedroom mid-terrace house having been built in the 1980s by respected Messrs Dauber Homes and is of traditional brick and block cavity wall construction under a pitched interlocking tiled roof, with replacement sealed unit upvc double glazed windows.
The property features a replaced bathroom suite and a notable ground-floor extension, which has significantly enhanced the downstairs living area.
This extension houses a bright and airy kitchen and dining space, complete with a newly fitted kitchen.
Externally, the property features a front garden laid to lawn, which could be adapted to create off-road parking if required. To the side, you have the benefit of access towards the rear gardens.
These have been beautifully landscaped, with the outdoor dining area being a particular highlight.
Essentially L-shaped, the gardens also include a timber shed and boast stunning views over the fields to the rear.
Living room - 4.78m x 3.89m (15'8" x 12'9") kitchen - 2.26m x 3.86m (7'5" x 12'8") dining area - 2.90m x 3.25m (9'6" x 10'8") first floor level - landing bedroom - 3.56m x 2.97m (11'8" x 9'9") bedroom - 3.58m x 2.06m (11'9" x 6'9") bathroom - 2.26m x 1.75m (7'5" x 5'9") 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 - electric EPC Rating tbc 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.
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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
FAQ
About 53, Wheatfields, Diss
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