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Three Post Road, Watton, Thetford, Norfolk, IP25

East of England

£150,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
970 sqft

Description

Nestled in a serene cul-de-sac, this two-bedroom bungalow presents a promising opportunity for renovation enthusiasts or investors looking to add value. The property is set on a spacious plot, featuring extensive front gardens and ample driveway space suitable for multiple vehicles. Upon entering, you are greeted by a cozy lounge with a gas fire—a perfect spot to relax. The kitchen is functional with various wall and base units, complemented by a double oven and a side door offering easy access outside. From the internal hallway, you will find two well-sized double bedrooms, each equipped with fitted wardrobes. One of the bedrooms includes the added advantage of a conservatory that opens directly to the rear garden, enhancing its appeal. The family bathroom has essential fittings including an electric shower and heated towel rail. The outdoor space is primarily laid to lawn, bordered by mature shrubs, and features a patio area ideal for gatherings or leisurely afternoons. Side access to the property and a detached garage adds convenience and utility. While the bungalow has been maintained over the years, there is significant potential for modernization and personalisation throughout. This makes it an appealing choice for those wanting to imprint their style on a property. Located in Watton—a quaint market town known for its agricultural heritage—this home provides not just a living space but also an investment opportunity in an evolving community.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -41.5% below area average per sq ft

-41.5%
Potential saving
This Property
£155/sq ft
Area Average
£264/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£282,061
10% above area average per sq ft
Potential ROI
+61.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -8.0%
5 year growth: +6.6%
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

Three Post Road, Watton, Thetford, Norfolk, IP25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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