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Meadow Close, Trimley St Martin, IP11 - Image 1
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Meadow Close, Trimley St Martin, IP11

East of England

£50,000
Listed on 09/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

Presenting a modern studio flat located in the tranquil village of Trimley St. Martin, this property offers excellent investment potential, especially for first-time buyers. While the flat is structurally sound, it requires general updating to maximize its appeal and comfort. The layout comprises a versatile lounge/bedroom area, a functional kitchen with ample storage space, a compact dressing area, and a shower room. Features such as electric heating and double glazing contribute to energy efficiency. Residents will enjoy access to communal gardens and have the convenience of an allocated parking space. Additionally, this property is sold with no onward chain, making it an attractive opportunity for those looking to customize their new home or rental property. The lease has approximately 76 years remaining, with manageable ground rent costs.

Investment Analysis

(IP11 area)
Area Average
£325/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£5,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP11)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -4.8%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on IP11 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

Meadow Close, Trimley St Martin, IP11
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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
£177
Based on a loan of £37,500 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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