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Preston Close, Toft

East of England

£275,000
Listed on 19/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
721 sqft

Description

Nestled at the end of a quiet cul-de-sac, this property occupies a desirable corner plot and offers an excellent canvas for renovation. The home features two well-proportioned bedrooms, providing ample space to create comfortable living areas tailored to modern preferences. Though the interior is in need of refurbishment, it presents a prime opportunity for investors or those looking to personalize their own space. The entrance hallway leads to a spacious sitting room, which benefits from natural light through multiple windows and a conservatory. This area has potential for transformation into an inviting gathering space with views of the garden. The kitchen, equipped with fitted wall and base units and ample provision for appliances, invites creativity in design to enhance functionality and aesthetics. The property's two bedrooms are invitingly sized, each featuring built-in storage solutions that maximize space efficiency. The bathroom contains essential amenities but could benefit from updates to improve comfort and style. Outside, the established front garden establishes a welcoming atmosphere with mature shrubs lining the pathway. The westerly-facing rear garden is a notable feature; surrounded by hedges and fencing, it provides privacy along with access to off-street parking and a detached garage. This outdoor space is primarily laid to lawn but could be transformed into an ideal outdoor retreat or entertainment area. Given its location and layout, this property not only holds immediate renovation potential but also promises long-term value growth in today's market. With no onward chain complicating the buying process, it stands as an attractive prospect for both investors looking to renovate for resale or homeowners seeking their next project.

Investment Analysis

(CB23 area)

Below Market Value

This property is priced -0.4% below area average per sq ft

-0.4%
Potential saving
This Property
£381/sq ft
Area Average
£383/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£303,757
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
114%
Properties sold annually

Local Market Trend (CB23)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 6.7%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on CB23 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

Preston Close, Toft
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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
£1,007
Based on a loan of £206,250 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