2-bedroom house · IP22 1AL
Listing removedListed 531 days
Opportunity summary
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About
Guide Price £230,000 - £240,000. Steeped in history and character, this thatched cottage has been thoughtfully preserved to retain original features while offering modern comforts.
Showcasing two inviting reception rooms, a kitchen/dining room, a utility room, a bathroom suite, a WC/landing and two bedrooms.
Externally, you will discover well-established front and rear gardens that are perfect for garden enthusiasts.
Don't miss your chance to make this cottage your own, within a beautiful Suffolk village setting.
Location Located in a quiet and well-regarded road in the heart of the charming Suffolk village of Palgrave.
This sought-after location offers the perfect balance between peaceful countryside living and convenient access to nearby amenities.
Just a short walk from the village primary school, community hall, and picturesque green spaces, Palgrave is ideal for families and those seeking a close-knit, rural community.
The bustling market town of Diss is less than a mile away, providing a wide range of shops, supermarkets, cafés, and a mainline railway station with direct links to Norwich and London Liverpool Street.
With beautiful countryside walks on your doorstep and excellent transport connections, this is a location that offers both relaxation and practicality in equal measure.
Lion Road The interior of the cottage is a blend of tradition and functionality, flaunting two welcoming reception rooms that showcase exposed beams, brick-built fireplaces, and the quintessential thatched cottage ambience.
These spaces provide a perfect setting for relaxation and intimate gatherings.
The heart of the home is the spacious 21ft kitchen/breakfast room, designed in a Farmhouse style with wall and base units, appliances, and ample storage, to be able to cook your favourite meals.
Flowing into the dining area, encouraging intimate family meals and socialising.
Complementing the kitchen is a functional utility room, providing additional storage and laundry facilities to enhance the efficiency of daily living.
Upstairs, you will find two cosy bedrooms that offer comfort and privacy. The unique layout of the cottage includes two staircases, adding a touch of whimsey and character to the living space.
A first-floor landing with a WC and a ground floor bathroom complete the living quarters, accommodating all occupants in the household.
Step outside, and you will discover the large, well-established front and rear gardens that surround the cottage.
These outdoor spaces provide a peaceful space where you can unwind and enjoy the beauty of nature.
The laid to lawns are well-maintained, bordered by planted beds that add colour and character to the grounds. Additionally, there are outbuildings at the rear of the cottage for storage options.
Agents note Freehold. Thatch roof done in 2019. Shared pathway at the front of the property, with right of way. This property is located within a designated conservation area.
EPC Rating: D Disclaimer Minors and Brady (M&B), along with their representatives, aren’t authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
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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 starting price
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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 October Cottage Lion Road, Diss
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