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See how verdicts work3-bedroom semi-detached house · IP22 1AG
For saleReduced £10k (−4.4%) on 25 OctListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented picture postcard 3 bedroom cottage, which has been thoughtfully extended and renovated so as to provide bright and airy living accommodation and which is set back within this attractive village overlooking The Green, which is within walking distance of Diss Town Centre.
No onward chain.
Pond View Cottage From the entrance hall there are doors to all rooms including the bright and airy sitting room, which benefits from an open fireplace, as well as a deep storage cupboard, a further doorway to the front of the property is hidden by a built-in bookcase.
The kitchen/dining room benefits from a wealth of natural light provided by a glazed door and two windows which overlook the rear garden, there is also a range of wall, base and drawer units, with inset circular sink unit and mixer taps, plus splashback tiling.
Within the kitchen area there is space for a dishwasher, washing machine, fridge freezer and cooker, as well as a good sized dining area, off of which there is also a deep storage cupboard.
The ground floor shower room benefits from a shower cubicle, vanity wash handbasin with cupboards under, low flush wc, half tiled walls, heated towel rail and window to rear.
At first floor level there are three bedrooms, all of which are off the landing.
The principal of which enjoys views over The Green to the front, as well as Jack and Jill access to the family bathroom, which comprises panel bath, separate shower cubicle, vanity wash handbasin, low flush wc and heated towel rail.
Bedroom 3 also enjoys views over The Green, whilst Bedroom 2 also has direct access to the Jack and Jill bathroom, as well as a built-in storage cupboard.
Outside To the front of the property there is parking (see Agent's Note).
To the side of the property there is an iron gate, beyond which there is a brick paved pathway leading to the main entrance, beyond which is the brick paved courtyard garden, which is partly enclosed by a red brick wall and as such offers a high degree of privacy, as well as a good level of sun, due to its south westerly facing direction.
Location The property is situated at the heart of this charming village.
Palgrave is just a mile south of Diss, surrounded by the picturesque countryside of the Waveney Valley on the north Suffolk borders.
The village still retains an active local community and is centred around a delightful Green, featuring many period and historic properties, local schooling, community centre offering Friday evening bar and monthly cinema screenings, fine church and is part of the Hartismere school catchment area.
Within a leisurely 15-minute walk down The Lows, you will reach the historic market town of Diss, providing a wide array of day-to-day amenities and facilities, including a mainline railway station offering direct services to London Liverpool Street and Norwich.
Services Mains water, drainage and electricity are all connected. LPG central heating system. Local Authority Mid Suffolk District Council - Council Tax Band B. Tenure Freehold.
Broadband Speed Superfast Predicted speeds of 80Mbps (source Ofcom). Mobile Coverage Between 66% and 80% (source Ofcom).
Directions From Diss Town Centre, continue out of town in a westerly direction, passing by Diss Park on your right hand side, immediately after the mini roundabout take the turning to the left onto Denmark Street, follow the road round over the bridge into what becomes Denmark Hill.
On reaching the open green of Palgrave Village, the property can be found on the left hand side and is accessed via the track over The Green, where you will be able to park immediately in front of the property which will be marked by a Lacy Scott & Knight For Sale sign.
what3words smiling.collide.goofy Agent's Note Although there is tandem parking and it is understood that this area is generally accepted as being for the benefit/use of Pond View Cottage and has been used as such by the present and previous owners, this parking area is not part of the property sale as it remains part of The Green.
Disclaimer We are mandated by HMRC to carry out Anti Money Laundering Checks. We outsource these checks to our compliance partners at Coadjute and they charge a fee for the service.
If you have had an offer accepted Coadjute will contact you on our behalf. The cost of these checks is £33 (including VAT) per person and is non-refundable.
The fee will need to be paid prior to issuing a memorandum of sale. Lacy Scott & Knight do not receive any commission for this service.
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

FAQ
About The Green, Palgrave, Diss, Suffolk, IP22
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