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Celia Phillips Close, Thetford

East of England

£190,000
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
945 sqft

Description

Nestled within the sought-after Ladies Estate in Thetford, this three-bedroom home offers an excellent opportunity for renovation and investment. With no onward chain, the property is primed for those looking to make their mark and create a living space tailored to their preferences. The layout features a welcoming entrance hall that flows into a generously sized living room, ideal for relaxation or entertaining. The kitchen/diner provides ample space for family meals and gatherings, with potential to modernize and enhance functionality. A rear lobby connects the indoor space to the outdoor garden, while a convenient downstairs cloakroom adds practicality. Upstairs, you’ll find three comfortable bedrooms and a family bathroom. Each bedroom presents an opportunity for personalization, allowing future homeowners to infuse their style into the space. The bright landing adds to the airy feel of the upper floor. Outside, the front garden offers a pleasant welcome with a lawn area and practical brick-built storage. The rear garden is primarily laid to lawn as well, providing an enclosed environment that can be transformed into an inviting outdoor retreat or entertainment area. Located walking distance from local schools, Thetford’s mainline railway station with connections to Cambridge and Norwich, and the town centre itself, this property benefits from a central location. Everyday amenities including shops and cafes are easily accessible, enhancing its appeal for families and commuters alike. This home represents a canvas ready for transformation—a promising investment in a desirable area where opportunities for enhancement abound.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£201/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£263
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£270,270
10% above area average per sq ft
Potential ROI
+22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -7.5%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on IP24 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

Celia Phillips Close, Thetford
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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
£696
Based on a loan of £142,500 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