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St Thomas Square

East of England

£550,000
Listed on 24/04/2026

Property Details

Bedrooms
6
Type
Terraced
Area
1386 sqft

Description

This mid-terrace property presents a valuable opportunity for those looking to invest in a six-bedroom home with established HMO licensing and the advantage of vacant possession upon completion. The interior requires comprehensive refurbishment, allowing the new owner to tailor the space to meet modern expectations and maximize utility. Investors will find a solid base to enhance rental prospects through creative reconfiguration, while families may envision transforming this spacious layout into an inviting home with larger communal areas, subject to necessary consents. Notably, the property features a sizable rear garden accessible from the front, adding both appeal and practical benefits. Each room offers potential for enhancement, including sizeable bedrooms and a versatile kitchen/dining area that can be updated to reflect contemporary standards.

Investment Analysis

(CB1 area)

Below Market Value

This property is priced -29.9% below area average per sq ft

-29.9%
Potential saving
This Property
£397/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£400
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£863,076
10% above area average per sq ft
Potential ROI
+38.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CB1)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +4.7%
5 year growth: +8.2%
Investment Disclaimer: Analysis based on CB1 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

St Thomas Square
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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
£1,948
Based on a loan of £412,500 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.

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