The Glade, Thetford
East of England
£195,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
2Type
Semi Detached BungalowArea
654 sqftFeatures
- Garden
- Parking
Description
This two-bedroom semi-detached house in Thetford has a front garden and a long driveway providing off-road parking. The entrance hall includes two built-in storage cupboards and leads to the main rooms, with both bedrooms positioned at the front of the property.
The kitchen has fitted wall and base units, with space for cooking and laundry appliances. It was extended historically to provide a dining area at the rear. The lounge opens directly onto the rear garden through sliding doors, and a family bathroom completes the accommodation.
The property is described as ready for a new owner to update. The enclosed rear garden is mainly laid to lawn with mature plants and shrubs, and offers scope for attention and personalisation. The particulars note that an offer has been accepted subject to contract, although viewings are still available.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a light-refurb project with a useful starting point: a lengthy block-paved driveway, an enclosed garden and a lounge that opens directly onto it. Dated finishes and worn flooring across several rooms, plus the older kitchen and bathroom, give a buyer clear scope to refresh the interior and tidy the outdoor space; the renovation range is £8,000–£18,000.
The asking price is the main constraint. At £298/sq ft, it is above the local average of £259, and the asking price plus the refurb range leaves costs stretched against the local benchmark for a home of this size. That comparison is with the current local average, not a forecast of the value after renovation, so this is a project with practical appeal but weak value and economics at the stated price.
Key opportunities
- Refresh the dated finishes and worn flooring across the lounge and bedrooms for a more contemporary feel.
- Modernise the older kitchen and bathroom as part of a light refurbishment.
- Tidy the enclosed rear garden and make the most of its direct connection to the lounge.
Key risks
- At the asking price, adding the stated refurbishment range takes the projected spend well beyond the current local-value benchmark for a property of this size.
- Worth allowing for £208,000 all-in — £13,000 of works on top of the asking price, about 18% ahead of typical local benchmarks for this size; we have not assumed a post-renovation resale figure.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£737
Based on a loan of £146,250 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.
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