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Edith Cavell Close, Thetford

East of England

£230,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
971 sqft

Description

This three-bedroom terraced home located within the sought-after Ladies Estate in Thetford offers a unique opportunity for those looking to invest in a property with significant potential for modernization. The residence is conveniently situated near the town's diverse amenities, including local schools and transport links to Cambridge and Norwich, making it an ideal choice for families and commuters alike. The property features off-road parking and a garage, providing practicality from the outset. The internal layout includes a welcoming entrance hall leading to a bright lounge and a functional kitchen, both of which present ample scope for improvement and personalisation. Upstairs, three generously sized bedrooms are complemented by a shower room that could benefit from updates. The rear garden is enclosed and predominantly laid to lawn, offering further possibilities for redesign or landscaping according to your preferences. Additionally, there is lapsed planning permission for converting the garage into an additional bedroom, presenting a valuable chance to expand living space if desired. This home combines location, generous space, and excellent renovation potential—making it a property that merits your consideration.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£237/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
£276,531
10% above area average per sq ft
Potential ROI
+4.4%
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

Edith Cavell Close, 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
£830
Based on a loan of £172,500 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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