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Churchill Road, Thetford, IP24

East of England

£250,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Chalet
Area
1789 sqft

Description

This three-bedroom semi-detached chalet offers an appealing blend of spacious living and potential for renovation. With a self-contained annexe ideal for extended family or rental opportunities, the property is ripe for modernization, allowing you to customize it to fit your style and needs. The home features a welcoming entrance hall that flows into a generous lounge, creating an inviting atmosphere. The well-proportioned kitchen and dining area provide ample space for family gatherings, while the adjoining sun room allows for easy access to the rear garden. The bathrooms on both levels offer basic amenities but could benefit from updates to enhance functionality and aesthetics. Upstairs, you'll find flexibility with three bedrooms, including a substantial principal bedroom with space for built-in wardrobes. The separate annexe includes essential living facilities such as its own kitchenette and bathroom, which can serve various needs from guest accommodation to rental income. The outdoor space features a sizeable rear garden mainly laid to lawn, complemented by a patio area perfect for entertaining or relaxing outdoors. Additionally, there's potential to enhance this area further with landscaping or additional features. This chain-free property presents a solid investment opportunity in need of varying degrees of refurbishment, making it ideal for buyers looking to create their dream home.

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Investment analysis

(IP24 area)

Below Market Value

This property is priced -46.1% below area average per sq ft

-46.1%
Potential saving
This Property
£140/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£510,473
10% above area average per sq ft
Potential ROI
+73.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -8.1%
5 year growth: +4.0%
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

Churchill Road, Thetford, IP24
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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
£944
Based on a loan of £187,500 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.

Stamp duty calculator

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