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53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 1
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 2
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 3
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 4
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 5
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 6
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 7
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 8
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 9
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 10
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 11
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 12
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 13
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 14
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 15
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 16
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 17
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 18
53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG - Image 19

53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG

East of England

£160,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1066 sqft

Description

This three-bedroom detached bungalow presents a solid opportunity for cash buyers looking to invest in a property with renovation potential. With an approximate size of 78 sq/m, this home features double glazing and gas central heating, situated on a generous 0.18-acre plot at the end of a quiet cul-de-sac adjacent to open farmland and a sports field. While the property requires some remedial work and modernization, its good EPC rating of C suggests energy efficiency, making it advantageous for either buy-to-let investors or those seeking to create their dream home. The internal layout includes a kitchen, bathroom, separate WC, living room, conservatory, and three bedrooms. Externally, there is off-road parking and a garage along with front and rear gardens. Interested parties are encouraged to review the available structural and asbestos reports included in the legal pack on our website.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -43.2% below area average per sq ft

-43.2%
Potential saving
This Property
£150/sq ft
Area Average
£264/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,625
10% above area average per sq ft
Potential ROI
+54.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on IP25 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

53 Sharman Avenue, Watton, Thetford, Norfolk IP25 6EG
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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
£577
Based on a loan of £120,000 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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