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St. Johns Way, Thetford

East of England

£210,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1151 sqft

Description

This spacious end-terraced home offers an excellent opportunity for those looking to invest in a property with the potential for enhancement. The ground floor presents a well-designed layout, featuring a fitted kitchen equipped with integrated appliances, and a bright open-plan lounge that flows seamlessly into a dining area. French doors lead to the garden, enhancing the indoor-outdoor connection. Additionally, a sunroom provides versatile space that could be transformed according to your vision. Upstairs houses three generously sized bedrooms, complemented by a modern family bathroom and an additional WC on the ground floor, catering well to family life. Outside, the enclosed garden is ideal for relaxing and entertaining alike, with lawn areas, a patio, and even space for a hot tub under cover. The driveway and garage create practical off-road parking solutions. While the property is currently presented in good condition, there remains significant scope for cosmetic upgrades and extensions to enhance value further. Located in Thetford—a town rich in history with convenient access to amenities—this home stands as an attractive proposition for families or investors looking to capitalize on future growth in the area.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£182/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£277
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£327,413
10% above area average per sq ft
Potential ROI
+31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -8.1%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on IP24 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. Johns Way, 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
£749
Based on a loan of £157,500 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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