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Wheatley Terrace, Salhouse

East of England

£220,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
883 sqft

Description

This three-bedroom end-terraced house presents an attractive opportunity for investors or first-time buyers looking to create their ideal home in the desirable village of Salhouse. While the property requires modernisation throughout, it provides a solid foundation for renovation and personalisation, with scope for expansion to the side, subject to planning approval. Inside, the layout features a welcoming porch that leads into a lounge, alongside a kitchen, utility room, and convenient W/C on the ground floor. The first floor accommodates three bedrooms as well as a family bathroom. The rear garden is fully enclosed and predominantly laid to lawn, adorned with established plants and trees. There’s also a hidden garden space that has become overgrown but holds great potential once cleared, offering more possibilities for landscaping or gardening. The front garden could easily be transformed into a hard-standing driveway to enhance parking options. Benefiting from gas central heating and situated conveniently close to local amenities and transport links, this property is ideally positioned for those seeking a charming home with investment potential.

Investment Analysis

(NR13 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£249/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£304,454
10% above area average per sq ft
Potential ROI
+19.4%
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
9%
Properties sold annually

Local Market Trend (NR13)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.6%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on NR13 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

Wheatley Terrace, Salhouse
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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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