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St. Johns Way, Thetford

East of England

£130,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
974 sqft

Description

Located in the sought-after area of St. Johns Way, this three-bedroom residence offers a promising canvas for renovation enthusiasts and investors. With its spacious layout, the property is well-placed within walking distance of Thetford's town centre, providing access to an array of shops and public transport options. This home stands out for its potential to be transformed into a personalized living space that suits your lifestyle. Inside, the property features a welcoming entrance hall that leads into a sizable living room, a functional kitchen with ample storage, and a conservatory that opens up to the garden—ideal for additional dining or relaxation space. The upper floor boasts three generous bedrooms along with a shower room and a separate cloakroom. While some modernization is needed throughout the home, this allows you to implement your own design choices. The outdoor space comprises an enclosed garden primarily laid to lawn, presenting an opportunity to create an inviting exterior retreat. This property represents significant potential in a desirable location, making it well worth scheduling a viewing.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£133/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£260
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£275,993
10% above area average per sq ft
Potential ROI
+78.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
83%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +10.4%
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

St. Johns Way, Thetford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£469
Based on a loan of £97,500 over 30 years at 4.06% 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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