1-bedroom flat · IP22 4EF
Listing removedListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a pleasing position the property is found to the west of the town centre being approximately half a mile away.
Over the years this area of Diss has proved to be a sought after and popular residential area, predominately comprising of attractive post war houses built upon large plots.
The historic market town of Diss is found in the beautiful countryside surrounding the Waveney Valley on the south Norfolk borders and offers a diverse and extensive range of many day to day amenities and facilities whilst having the benefit of a mainline railway station with regular/direct services to London, Liverpool Street and Norwich.
This one bedroom ground floor apartment forms part of a small complex of just 16 similar properties built in the 1990's by highly respected local builder Messrs Derek Ingram.
The block the property is part of is of traditional cavity wall construction under an interlocking tiled roof.
This apartment comes with double glazed windows and doors and is heated via a gas fired boiler to radiators.
The property offers a bright and airy dual aspect lounge that measures approximately 16’ x 10’ and has a generous double bedroom that measures 12’ x 8’, both of these spaces have engineered oak flooring which also runs through the entrance hall providing a stylish touch.
The kitchen and bathroom suite have just been upgraded and are brand new.
The property benefits from allocated off-road parking, along with the added convenience of visitor parking bays, making it easy to accommodate guests.
Residents also enjoy access to the well-maintained communal gardens within the development.
In 2023 the residents collectively purchased the freehold whereby each property now owns a share of the freehold reverting off a 999 year lease, as such there are obligations towards service charges, being £80.00 per month which includes street lighting, maintenance of the communal areas and gardens, buildings insurance and public liability insurance.
Entrance hall reception room - 3.15m x 5.03m (10'4" x 16'6") kitchen - 2.16m x 2.29m (7'1" x 7'6") bedroom - 2.62m x 3.76m (8'7" x 12'4") bathroom - 2.16m x 1.65m (7'1" x 5'5") services Drainage - mains Heating - gas EPC Rating C 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 Louies Court,11, Factory Lane, Diss
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