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7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 1
7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 2
7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 3
7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 4
7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 5
7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 6
7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW - Image 7

7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW

East of England

£60,000
Listed on 05/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat, located on the first floor within a shared freehold arrangement, presents an excellent opportunity for investors or renovation enthusiasts. Nestled on the outskirts of Diss, the property boasts appealing views of the nearby golf course. Currently available to cash buyers only due to a 62-year lease, this unit has recently been tenanted, making it a solid option for buy-to-let landlords. The flat comprises an entrance hall, sitting room, kitchen, bedroom, and bathroom, all of which would benefit from some modern updates. It's worth noting that extending the lease will require a collective effort among the eight owners who hold an equal share of the freehold. The building is accessible via a communal parking area with one designated off-road space as well as additional facilities for bin storage and laundry. Given its current condition and potential for enhancement, viewing is highly recommended for those looking to capitalize on this investment.

Investment Analysis

(IP22 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP22)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.8%
5 year growth: +11.6%
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

7 Waveney Court, Stuston Road, Diss, Norfolk IP22 4EW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £45,000 over 30 years at 4.06% 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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