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Market Street, Shipdham, Thetford

East of England

£315,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This versatile three-bedroom chalet is situated on a generous plot in the desirable village of Shipdham, offering notable renovation and development potential. The property is set back from the road, featuring a well-maintained front lawn and gardens that lead to a detached garage at the side. Inside, the layout includes an entrance hall, a spacious living room with triple aspect windows providing ample natural light, a flexible downstairs bedroom or dining room, and a functional kitchen/breakfast area. Upstairs, you’ll find two sizable double bedrooms with built-in wardrobes along with a shower room. A significant highlight is the granted planning permission for a single-storey extension to enhance living space further—ideal for adding another bedroom or an additional reception area to take advantage of the delightful garden views. The outdoor space boasts expansive lawns bordered by trees and shrubs and even includes vegetable plots for gardening enthusiasts. Given its great position and potential for enhancement through renovation or expansion, this property represents an enticing opportunity for investors or those looking to create their dream home.

Investment Analysis

(IP25 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by +8.5% over the last 12 months
3 year growth: -7.2%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on IP25 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

Market Street, Shipdham, Thetford
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,154
Based on a loan of £236,250 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