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Winfarthing Road, Diss, Norfolk, IP22 - Image 1
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Winfarthing Road, Diss, Norfolk, IP22

East of England

£260,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
725 sqft

Description

This two-bedroom bungalow presents a solid foundation for both comfortable living and potential investment. Designed with thoughtful specifications to meet the original owner’s requirements, the property offers features that could be further enhanced through renovations. A notable aspect of this home is the accessible roof space, which has been deliberately framed to allow for the addition of two bedrooms and a shower room, pending necessary approvals. Currently open and boarded, this space already benefits from electrical outlets and a 'bulls eye' window on the southern gable, providing both light and an opportunity to increase living space. Upon entering, you’ll find a recessed entrance that leads into an inviting hall featuring ceramic flooring and a loft access hatch with a ladder. The sitting room is well-lit with double aspect windows and French doors opening to the south-facing patio area, making it ideal for entertaining or relaxing outdoors. The kitchen is equipped with light wood shaker-style cabinetry that offers ample storage. Its layout features double aspect windows that fill the space with natural light. The utility functionality includes provisions for an automatic washing machine and a half-glazed door leading outside. Both bedrooms come with built-in wardrobes, optimizing space for organization. The first bedroom is generously sized, while the second provides direct access to the garage—a convenient feature for storage or other uses. The shower room showcases modern finishes including ceramic flooring and fully tiled walls. Equipped with a glass-screened double shower cubicle along with contemporary fixtures, this space is ready for minor updates if desired. Set on an east-facing plot of approximately 36' x 88', the property's outdoor areas include charming patio spaces as well as grassed sections perfect for gardening or leisure activities. An attached garage offers secure parking and additional storage options. This home not only provides comfortable living but also significant renovation potential, making it an appealing option for investors looking to capitalize on enhancements in this established neighborhood. With its adaptable layout and prime location, this bungalow invites creativity while ensuring essential amenities are within easy reach.

Investment Analysis

(IP22 area)

Above Market Value

This property is priced +19.8% above area average per sq ft

+19.8%
This Property
£359/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£238,772
10% above area average per sq ft
Potential ROI
-16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (IP22)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -4.0%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on IP22 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.

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Location

Winfarthing Road, Diss, Norfolk, IP22
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