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Clay Street, Thornham Magna

East of England

£270,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
982 sqft

Description

Nestled in the idyllic village of Thornham Magna, this semi-detached house presents a unique opportunity for those interested in renovation and investment. With its distinctive pink façade, this property stands out against the backdrop of sweeping field views, offering both charm and potential in a serene rural environment. The interior layout includes a spacious kitchen that awaits your personal touch, along with a living room accentuated by traditional wooden beams. A versatile ground-floor room can serve as either an additional bedroom or a study, providing flexibility for modern living. On the upper level, two sizable bedrooms offer ample space for updates and reconfigurations tailored to your preferences. Outside, the property features a fenced rear garden and a generous driveway that accommodates multiple vehicles. An additional parcel of land enhances the property’s appeal, presenting opportunities for gardening, outdoor activities, or even further development projects. This aspect makes it particularly appealing to investors or those looking to expand their outdoor space. Thornham Magna itself is a tranquil village with essential amenities including the well-regarded Four Horseshoes pub and Thornham Coach House restaurant. For outdoor enthusiasts, the nearby Thornham Walks offer 12 miles of scenic trails through the picturesque Suffolk countryside. The village's location ensures convenient access to larger towns; Eye is just over three miles away and offers local shopping and schooling options, while Diss and Stowmarket provide mainline train services to London Liverpool Street. With easy access to the A140 connecting Norwich and Ipswich, this property blends peaceful country living with accessibility to urban conveniences. Offering no onward chain and priced to reflect its renovation needs, this home serves as an excellent canvas for buyers eager to create a customized living space that aligns with modern tastes while enjoying all the benefits of rural life.

Investment Analysis

(IP23 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£275/sq ft
Area Average
£298/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£321,360
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IP23)

Area prices are rising by +13.1% over the last 12 months
3 year growth: -5.9%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on IP23 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

Clay Street, Thornham Magna
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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
£989
Based on a loan of £202,500 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