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Mill Lane, Pulham Market, Diss, Norfolk, IP21 - Image 1
Mill Lane, Pulham Market, Diss, Norfolk, IP21 - Image 2
Mill Lane, Pulham Market, Diss, Norfolk, IP21 - Image 3
Mill Lane, Pulham Market, Diss, Norfolk, IP21 - Image 4
Mill Lane, Pulham Market, Diss, Norfolk, IP21 - Image 5

Mill Lane, Pulham Market, Diss, Norfolk, IP21

East of England

£1,250,000
Listed on 03/09/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3629 sqft

Description

This Grade II listed home, believed to have origins dating back to 1620 with subsequent additions, presents a unique opportunity for renovation and investment within its generous 5.5-acre grounds. The property offers substantial living space, spanning over 5,634 square feet, and retains many charming character features, such as exposed beams and period fireplaces. On the ground floor, you’ll find an inviting entrance hall that opens to a spacious country kitchen equipped with bespoke cabinetry, granite worktops, and an island unit. The formal dining room benefits from a triple aspect providing ample natural light, creating an ideal setting for family gatherings. A split drawing room further enhances the living space by offering both cosiness and roominess. Adjacent to the main house is a modern extension accessed via a conservatory; this area includes a remarkable 34-foot sitting room and a study perfect for those needing a dedicated workspace. An annexe added in previous years enhances the property's versatility; it features one bedroom with fitted wardrobes, a separate kitchen, shower room, and an upper-level sitting room. This space could serve as excellent guest accommodation or be adapted for multi-generational living. The first floor accommodates three bedrooms, including a principal suite with an en suite bathroom. Two additional bedrooms share a four-piece family bathroom. The second floor hosts three more bedrooms along with an attic room that provides useful storage options. Externally, the property is approached through secure electronic gates leading to extensive parking facilities and a detached barn that lends itself well to various uses—whether as a workshop or possibly repurposed depending on planning permissions. Additional outbuildings offer flexible opportunities for use as office space or even transformation into holiday rentals due to their existing kitchenette facilities. Located in Pulham Market, close-knit community amenities include local pubs, shops/post office services, churches, and access to primary education within the village itself. Secondary schooling options are available in nearby towns like Harleston and Long Stratton while Norwich—a vibrant city with direct rail connections to London—is just approximately 15 miles away. With expansive grounds and ample potential for development or personal customization, this property invites both families looking for spacious living and investors seeking promising opportunities in a desirable rural location.

Investment Analysis

(IP21 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£344/sq ft
Area Average
£310/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,239,285
10% above area average per sq ft
Potential ROI
-17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (IP21)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 0.4%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on IP21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mill Lane, Pulham Market, Diss, Norfolk, IP21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£4,579
Based on a loan of £937,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE