Worst House on the Street Logo
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 1
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 2
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 3
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 4
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 5
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 6
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 7
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 8
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 9
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 10
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 11
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 12
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 13
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 14
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 15
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 16
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 17
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 18
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 19
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 20
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 21
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 22
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 23
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 24
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 25
3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ - Image 26

3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ

East of England

£140,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Cottage
Area
1518 sqft

Description

This expansive Grade II listed end terrace cottage, featuring three bedrooms, presents a unique investment opportunity in its current state. Extending to approximately 154 sq/m, this historic property dates back to the late 16th century and underwent significant remodelling in 1857. It is rich with period details and character, having once been a part of the inner gateway to a monastic precinct. The residence is set on a generous plot of 0.1 acres, offering potential for further development or landscaping. Previously occupied by a regulated tenant, it will soon be available with vacant possession, ideal for those looking to put their own stamp on a traditional home. While the property requires modernisation and various remedial works, this opens the door for cash buyers looking to restore it to its former glory, capitalising on both heritage value and location near the River Thet and town centre.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -64.3% below area average per sq ft

-64.3%
Potential saving
This Property
£92/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£277
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£431,810
10% above area average per sq ft
Potential ROI
+96.3%
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

3 Nunnery Cottage, Nunnery Place, Thetford, Norfolk IP24 2PZ
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£499
Based on a loan of £105,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates