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See how verdicts work1-bedroom flat · IP21 4YJ
For saleReduced £20k (−22.2%) on 25 OctListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with NO ONWARD CHAIN and boasting far reaching countryside views. The property comprises a first floor, one bedroom flat and offers accommodation in the region of 300 sq ft.
Being a leasehold property there are obligations towards a ground rent and service charge whereby the agent understands the ground rent to be £50 per annum and with a service charge of approx £144 per month (including insurance).
The lease originally reverts off 199 year lease from 1986 with there being approximately 161 years remaining.
Hillcrest Court is a unique Grade II listed Victorian former workhouse conversion found in between Diss and Long Stratton having been converted approximately thirty years ago now comprising a mixture of different types of one, two and three bedroom flats within a pleasing small development.
Found within the beautiful south Norfolk rural countryside and within close proximity of the market town of Diss (being 10 miles to the south) and offering an extensive and diverse range of many day to day amenities and facilities along with the benefit of a mainline railway station with regular/direct services to London Liverpool Street and Norwich.
The property and development are approached off the A140 with the benefit of good provision of off-road parking space for residents and visitors, whilst also to mention there are large communal gardens surrounded by the open rural countryside.
ENTRANCE HALL : BATHROOM : - 1.63m x 2.03m (5'4" x 6'8") LIVING ROOM : - 3.30m x 3.66m (10'10" x 12'0") KITCHEN : - 1.52m x 2.77m (5'0" x 9'1") BEDROOM : - 2.69m x 3.00m (8'10" x 9'10") SERVICES : Drainage - private Heating - electric radiators EPC Rating - E Council Tax Band A Tenure - Leasehold AGENTS NOTE: Material Information regarding the property can be found in our Key Facts for Buyers report in the brochures tab.
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

FAQ
About Hillcrest Court, Pulham Market
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