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Priory Park, Thetford

East of England

£210,000
Listed on 01/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
664 sqft

Description

Tucked away in a quiet cul-de-sac within Thetford, this two-bedroom detached bungalow presents a remarkable opportunity for those interested in single-level living. Its central location ensures easy access to local amenities, with the railway station and bus interchange just a short walk away. Spacious living areas greet you upon entry, providing ample room for relaxation. Both double bedrooms come with fitted wardrobes, enhancing storage solutions. The bathroom is functional as it stands but could benefit from updates to reflect modern preferences.<br><br>A significant advantage of this property is the expansive driveway leading to a south-west facing rear garden, ideally suited for outdoor enjoyment and potential landscaping projects. This bungalow, while requiring some modernization, offers a canvas for creative renovation—making it an ideal project for first-time buyers, downsizers, or investors alike to craft a personalized home.<br><br>Additionally, being offered chain-free allows for a more seamless transition into new ownership. Don't overlook the potential this bungalow holds in Thetford's vibrant locale.

Investment Analysis

(IP24 area)

Above Market Value

This property is priced +22.2% above area average per sq ft

+22.2%
This Property
£316/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£279
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£189,101
10% above area average per sq ft
Potential ROI
-22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (IP24)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -6.0%
5 year growth: +11.3%
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

Priory Park, 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
£757
Based on a loan of £157,500 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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