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Knolles Crescent, Welham Green

East of England

£475,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
972 sqft

Description

This end of terrace house offers a rare opportunity for investors or buyers looking to create their ideal home. Situated on the largest corner plot on the street, the property boasts ample outdoor space and significant potential for extension, subject to planning consent. The entrance leads into a welcoming hall that connects to a light-filled lounge featuring a gas fireplace and sliding doors that open onto the private rear patio—a perfect setting for summer gatherings. The open plan kitchen and dining area spans the full width of the house, with windows at both ends providing natural light. The kitchen is functional but could benefit from modernization, allowing for personal touches and upgrades to improve both its aesthetic and utility. Upstairs consists of three bedrooms, each equipped with built-in wardrobes, along with a separate shower room and WC; these areas present opportunities for refurbishment to enhance comfort and style. The sizeable front and rear gardens are arranged in two sections, including a patio area with an electric awning and expansive lawn space beyond—ideal for gardening enthusiasts or those wishing to extend further. With cavity wall insulation already in place, this property not only has solid bones but also promises an exciting project for anyone eager to invest in a home that can be tailored to their needs.

Investment Analysis

(AL9 area)

Below Market Value

This property is priced -6.5% below area average per sq ft

-6.5%
Potential saving
This Property
£489/sq ft
Area Average
£523/sq ft
Avg Rent (weekly)
£458
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£558,764
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (AL9)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +0.3%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on AL9 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

Knolles Crescent, Welham Green
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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
£1,713
Based on a loan of £356,250 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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