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Upper Rose Lane, Palgrave, Diss

East of England

£365,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1252 sqft

Description

Nestled in the charming village of Palgrave, this detached bungalow offers an impressive foundation for those looking to invest in a property with significant renovation potential. The home, characterized by its double-fronted design, presents an opportunity for modern updates while still retaining its original charm. Upon entering, you are welcomed by a spacious reception hall that leads to a versatile living space. The generously sized sitting room features a double aspect and a traditional fireplace, creating a cozy atmosphere. The layout includes three bedrooms, with the principal room benefiting from an ensuite shower room and views of the rear garden—a peaceful retreat. A second bedroom at the front of the property comes equipped with built-in wardrobes, while a third room can serve as either an additional bedroom or a study space. The dining area is particularly inviting, offering abundant natural light through its French doors that open directly into the garden. The kitchen is equipped with farmhouse-style cabinetry and has access to the side of the property for added convenience. Externally, the property boasts ample off-road parking on a gravel driveway that leads to a detached double garage with an electric door—ideal for securing vehicles or converting into additional living space. The established gardens feature mature shrubs and trees, providing both privacy and potential for landscaping enhancements. A paved patio area is perfect for outdoor relaxation or entertaining guests, complemented by a timber summer house situated in one corner of the garden. Located just outside of Diss, Palgrave benefits from local amenities such as a Day Nursery, Community Centre, and primary school rated Good by Ofsted. Families will appreciate Hartismere High School’s Outstanding rating within catchment. Commuters will find excellent transport links nearby—both road access via the A140 and A143 and train services from Diss that connect to Norwich and London’s Liverpool Street Station. This property not only offers comfortable living space but also presents considerable investment potential through thoughtful renovations and updates tailored to personal taste or market demand. With essential services including oil-fired central heating and mains utilities already in place, this bungalow awaits new owners ready to transform it into their ideal home.

Investment Analysis

(IP22 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£292/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£413,229
10% above area average per sq ft
Potential ROI
+0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP22)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -4.2%
5 year growth: 17.2%
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.

Location

Upper Rose Lane, Palgrave, Diss
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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
£1,337
Based on a loan of £273,750 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