Worst House on the Street Logo
Market Lane, Terrington St. Clement - Image 1
Market Lane, Terrington St. Clement - Image 2
Market Lane, Terrington St. Clement - Image 3
Market Lane, Terrington St. Clement - Image 4
Market Lane, Terrington St. Clement - Image 5
Market Lane, Terrington St. Clement - Image 6
Market Lane, Terrington St. Clement - Image 7
Market Lane, Terrington St. Clement - Image 8
Market Lane, Terrington St. Clement - Image 9
Market Lane, Terrington St. Clement - Image 10
Market Lane, Terrington St. Clement - Image 11
Market Lane, Terrington St. Clement - Image 12

Market Lane, Terrington St. Clement

East of England

£300,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1970 sqft

Description

This spacious three-bedroom detached bungalow, situated on an expansive one-acre plot, presents a remarkable opportunity for those eager to personalize and enhance a property. While the home currently requires some updating, it is surrounded by a wealth of greenery that ensures both tranquility and privacy. The layout features a generously sized lounge exceeding 20 feet, a functional kitchen/dining area, and a four-piece bathroom with convenient Jack & Jill access. All bedrooms are comfortably proportioned, with the property already equipped with oil-fired central heating and double glazing for improved energy efficiency. The exterior includes a sizable garage measuring 20ft x 16ft, which offers ample storage space or potential for conversion into additional living areas, pending necessary permissions. With the southern boundary adjacent to the A17, this location provides excellent connectivity for commuters while also offering ample off-road parking. As an unencumbered sale with no onward chain, this bungalow stands out as an ideal candidate for renovation and modernization in a well-connected environment, making it perfect for investment-minded individuals or families seeking a project with significant future potential.

Investment Analysis

(PE34 area)

Below Market Value

This property is priced -37.6% below area average per sq ft

-37.6%
Potential saving
This Property
£152/sq ft
Area Average
£244/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£528,531
10% above area average per sq ft
Potential ROI
+51.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE34)

Area prices are rising by +7.7% over the last 12 months
3 year growth: -8.0%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on PE34 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 Lane, Terrington St. Clement
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates