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See how verdicts work2-bedroom flat · IP22 4GP
Listing removedListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the popular residential development known as Ashbrook Meadow, (having originally been built by national and respected developers Persimmon Homes in 2006) and comprises of a number of modern and contemporary houses situated to the east of Diss and within short walking distance of the mainline railway station.
The historic and thriving market town of Diss stands on the south Norfolk borders within the beautiful countryside surrounding the Waveney Valley, the town offers 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 comprises a two bedroom apartment located at second floor level and within a well maintained building of similar properties.
The apartment is held on a leasehold basis, with approximately 100 years remaining (reverting off a 125 year lease).
Being a leasehold property there are obligations towards a ground rent and service charge, with the ground rent being approximately £300.00 per annum and with the service charge currently £1,456.00 per annum, (this includes building insurance, maintenance of the building, communal areas and grounds etc).
For further information please contact the selling agent. The flat is heated by centrally controlled electric panel heaters to bedroom, kitchen and lounge.
The accommodation is well laid out with an entrance hall with storage cupboard and doors leading to all rooms.
There are two double bedrooms both with fitted wardrobes and en-suite shower room to bedroom one and a bathroom comprising of bath with shower over, WC and hand wash basin.
There is a fabulous open plan living area with modern fitted kitchen, space for dining table and chairs, Juliet balcony and a media wall with built in speakers and surround sound.
Being on the second floor, the apartment has access to the loft space.
Externally the property benefits from an allocated parking space along with visitor parking spaces which are offered on a first come first serve basis.
There is also a communal bin store and bike shed.
Entrance hall kitchen/living area - 6.15m x 4.11m (20'2" x 13'6") bedroom - 2.59m x 3.43m (8'6" x 11'3") en-suite - 0.89m x 2.46m (2'11" x 8'1") bedroom - 2.79m x 2.34m (9'2" x 7'8") bathroom - 1.52m x 2.72m (5'0" x 8'11") agents note Material Information regarding the property can be found in our Key Facts for Buyers interactive brochure located in the Virtual Tour no.
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Services Drainage - mains Heating - electric EPC Rating C Council Tax Band A Tenure - leasehold (104 years remaining) 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
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FAQ
About 19, Ensign Way, Diss
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