2-bedroom flat · IP22 4GP
For saleReduced £10k (−7.1%) on 21 JunListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the popular residential development of Ashbrook Meadow, originally built in 2006 by the well-regarded developer Persimmon Homes, the property forms part of a collection of modern and contemporary homes situated to the east of Diss, within walking distance of the mainline railway station.
The historic and thriving market town of Diss lies on the South Norfolk borders, surrounded by the picturesque countryside of the Waveney Valley.
The town offers a wide and diverse range of everyday amenities and facilities, along with the added benefit of a mainline railway station providing regular and direct services to London Liverpool Street and Norwich.
The property comprises a two-bedroom first-floor apartment, set within a well-maintained building of similar properties.
It is held on a leasehold basis, with approximately 100 years remaining from an original 125-year lease. As a leasehold property, there are associated ground rent and service charge obligations.
The ground rent is approximately £300 per annum, while the current service charge is £1,456 per annum.
This includes building insurance, as well as the maintenance of the building, communal areas, and grounds. For further information, please contact the selling agent.
The accommodation is well laid out, featuring an entrance hall with a storage cupboard and doors leading to all rooms.
There are two double bedrooms, both benefiting from fitted wardrobes, with the principal bedroom also having an en-suite shower room.
The bathroom comprises a bath with shower over, WC, and hand wash basin.
A standout feature of the property is the spacious open-plan living area, which includes a modern fitted kitchen, space for a dining table and chairs, and a Juliet balcony, perfect for those who enjoy entertaining.
Externally, the property benefits from an allocated parking space, along with visitor parking available on a first-come, first-served basis. There is also a communal bin store and bike shed.
Entrance hall reception room - 5.13m x 3.56m (16'10" x 11'8") kitchen - 1.63m x 3.56m (5'4" x 11'8") bedroom - 3.61m x 2.72m (11'10" x 8'11") en-suite - 1.63m x 1.85m (5'4" x 6'1") bedroom - 2.03m x 3.73m (6'8" x 12'3") bathroom - 1.88m x 1.85m (6'2" x 6'1") services Drainage - mains Heating - electric EPC Rating D Council Tax Band A Tenure - leasehold 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
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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 11, Ensign Way, Diss
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