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Butt Lane, Burgh Castle

East of England

£120,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced property located in the tranquil village of Burgh Castle presents a valuable opportunity for investors and buyers eager to embark on a renovation project. The property includes a spacious rear garden and a driveway that accommodates parking for two vehicles, enhancing its appeal for both personal residence or rental potential. Internally, the layout comprises a lounge, dining room, kitchen leading to a lean-to, and two double bedrooms on the upper level, alongside a bathroom that could benefit from modern updates. The enclosed rear garden offers substantial outdoor space for potential landscaping or extensions. This property holds significant scope for improvement and personalization, making it an excellent candidate for those looking to add value through thoughtful renovations.

Investment Analysis

(NR31 area)
Area Average
£256/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR31)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on NR31 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

Butt Lane, Burgh Castle
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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
£440
Based on a loan of £90,000 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