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Changi Road, Watton, Thetford

East of England

£130,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
905 sqft

Description

This three-bedroom semi-detached property presents a favorable opportunity for those looking to invest in a home with considerable potential for customization and enhancement. Nestled within a well-established former military development in Watton, this residence boasts easy access to essential amenities, including shopping facilities, educational institutions, and healthcare services. Upon entering, you are greeted by a spacious hallway that leads to a generously sized lounge, providing natural light through its rear-facing windows. The kitchen is functional but offers opportunities for modern upgrades and reconfiguration. A utility room enhances practicality and could be transformed into additional storage or laundry space. The first floor features three good-sized bedrooms alongside a family bathroom and separate WC, creating ample options for family living. Notably, the property benefits from a large enclosed garden at the rear, ideal for landscaping or outdoor activities. Additionally, there is potential to extend the home further (subject to planning permissions), making this an attractive prospect for anyone looking to establish their dream residence. With off-road parking available for two vehicles alongside a lawn area at the front, this property is not only functional but also has great appeal concerning future improvements and value addition.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -45.5% below area average per sq ft

-45.5%
Potential saving
This Property
£144/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£254
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£262,464
10% above area average per sq ft
Potential ROI
+54.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -8.3%
5 year growth: +5.2%
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

Changi Road, Watton, Thetford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£464
Based on a loan of £97,500 over 30 years at 3.97% 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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