1-bedroom house · IP22 4HR
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this one bedroom quarter house. The property benefits from wood laminate flooring in the lounge, shower room, spacious bedroom with storage, garden and parking for two cars.
Located within walking distance of the town centre and a short walk to the train station. We are delighted to offer this one bedroom quarter house.
The property benefits from wood laminate flooring in the lounge, shower room, spacious bedroom with storage, garden and parking for two cars.
Located within walking distance of the town centre and a short walk to the train station.
Property details are as follows - entrance hall With wood effect laminate flooring, coat hooks, space for a desk, telephone point and electric radiator.
Kitchen 6' 9" x 6' 3" (2.06m x 1.91m) Wood laminate flooring with a full range of wall and base units with roll top surfaces.
Stainless steel sink, grey tiled splashback, electric oven and washing machine, side aspect double glazed window, storage cupboard with shelving.
Lounge 8' 7" x 13' 1" (2.62m x 3.99m) With continuing wood effect laminate flooring, side aspect double glazed window, curtains, TV point and staircase to first floor. Upstairs to.....
shower room 5' 8" x 5' 5" (1.73m x 1.65m) Shower, heated towel rail, sink with storage cabinet, mirror, extractor fan, ceramic toilet, side aspect frosted window, grey tiled flooring.
Bedroom 13' 2" x 8' 3" (4.01m x 2.51m) Carpet flooring, two storage cupboards with shelving and hanging space, electric radiator, side aspect window with curtains, loft access.
Outside Use of a communal garden with garden shed, driveway with space for two cars. Storage cupboard in front of house. Council tax Band A. South Norfolk District Council.
Agents notes * Photos taken in 2020 * referencing: When your application has been accepted by the landlord we would require a holding deposit of 1 weeks rent will be held for up to 15 days, this can then be used towards your rent or deposit on your approval, if the agent or landlord pulls out this will be refunded back to you.
Listed below are grounds on which the holding deposit can be held: 1. If you, the tenant pulls out of the tenancy before the contracts are signed. 2. If you, the tenant fails a Right to Rent check. 3.
If you, the tenant provides false or misleading information - this does not mean failing referencing.
If you the tenant provides completely accurate information, but still fails referencing, that will be classed as the landlord or agent pulling out.
However, if you have actively provided false information and we can prove you have, we can withhold the holding deposit. 4. If you, the tenant doesn't enter the agreement by the deadline. 5.
If you, the tenant are delaying and not responding to emails, not giving the referencing agency what they need for longer than 15 days, you will also forfeit your holding deposit.
Id: We will require two forms of identification - One photographic id such as a passport or driving license and birth certificate One for proof of your address such as a utility bill, dated within the last 3 months.
Referencing will not be completed until received.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 3, Martin Road, Diss
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