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Tithing Close, Thetford

East of England

£160,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
571 sqft

Description

This end-of-terrace bungalow presents a valuable opportunity for those looking to invest or create a custom living space. Covering around 570 square feet, the property includes two generous bedrooms and the potential for an additional bedroom in the loft (subject to planning permissions).

Upon entry, you are greeted by a cozy reception room, ideal for relaxation or entertaining guests. The bathroom is functional but could benefit from modern updates. A notable feature of the home is its enclosed rear garden, perfect for outdoor activities or personal landscaping projects.

Located in a convenient area with readily accessible transport links and local amenities, this property ensures that essential services and leisure activities are within easy reach.

This bungalow is not only a great opportunity for prospective homeowners but also holds strong investment potential, with yields over 6.5%. Its spacious layout provides ample opportunity for renovation and personalization, enabling buyers to infuse their individual style into the home. With allocated parking included, this property offers added convenience. Don’t miss out on this chance to transform and adapt this home to your personal vision.

Investment Analysis

(IP24 area)

Above Market Value

This property is priced +8.4% above area average per sq ft

+8.4%
This Property
£280/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£277
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£162,427
10% above area average per sq ft
Potential ROI
-14.5%
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

Tithing Close, 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
£571
Based on a loan of £120,000 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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