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Bury Road, Thetford

East of England

£150,000

Listed on 02/07/2026

Property details

Bedrooms
N/A
Type
Detached

Description

This unique property presents a rare chance to transform a historic former church into five residential units, complete with full planning permission. The Church of St Mary the Less, set on nearly an acre of land, boasts significant architectural charm and heritage, having origins that trace back to the 11th century. With alterations predominantly from the 14th and 19th centuries, this Grade II* listed building retains many of its original features, making it an attractive proposition for a development project. The approved plans aim to preserve the distinctive structural elements while creating contemporary living spaces. This landmark structure is situated within an established area, providing ample opportunity for creative redevelopment. Interested parties should verify service availability through relevant authorities as part of their due diligence.

Investment analysis

(IP24 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
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
15%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -8.1%
5 year growth: +4.0%
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

Bury Road, Thetford
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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
£567
Based on a loan of £112,500 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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