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Celia Phillips Close, Thetford

East of England

£190,000

Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Terraced
Area
945 sqft

Description

This three-bedroom residence located in the desirable Ladies Estate of Thetford presents a rare opportunity for individuals eager to customize their own living space. Offered without a chain, the property stands within a short walk to essential amenities such as reputable schools, the mainline train station with connections to Cambridge and Norwich, and the bustling town centre. Upon entering, you will find a welcoming entrance hall that leads into a generously-sized living room, perfect for family gatherings. The kitchen/diner offers ample space ready for modern updates, providing an ideal setting for both cooking and dining experiences. A practical rear lobby connects the interior to the garden, enhancing outdoor potential. The first floor features three bedrooms that are conveniently sized, alongside a family bathroom—each area ripe for enhancement or redesign to meet personal tastes. The rear garden is predominantly lawned and enclosed, presenting a blank canvas for those looking to create an outdoor sanctuary. With its excellent location and solid structure, this property is an exciting prospect for homeowners looking to invest in renovations and make it their dream home.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£201/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£269
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£268,867
10% above area average per sq ft
Potential ROI
+16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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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