Worst House on the Street Logo
Melford Bridge Road, Thetford IP24 - Image 1
Melford Bridge Road, Thetford IP24 - Image 2
Melford Bridge Road, Thetford IP24 - Image 3

Melford Bridge Road, Thetford IP24

East of England

£165,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
End Terrace

Description

This end-of-terrace property in a desirable family-oriented area of Thetford presents an appealing opportunity for renovation and investment. Featuring two spacious double bedrooms, a bright living room, and a practical kitchen/diner, the layout is functional yet offers significant potential for customization. The accessible shower room and versatile rear garden add to the property’s appeal, along with the convenience of two dedicated parking spaces at the rear. While the current owners have maintained the property well, there is ample scope for refurbishment to enhance its value and tailor it to modern tastes. Located close to local schools, town centre amenities, and major transport links, this residence is perfectly positioned for easy access to everyday conveniences. Buyers will appreciate the no chain status which streamlines the purchase process. With a little creativity and investment in updates, this home could transform into a comfortable sanctuary or a lucrative rental asset in an area known for its community vibe.

Investment Analysis

(IP24 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£280
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -7.7%
5 year growth: +7.1%
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

Melford Bridge Road, Thetford IP24
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£584
Based on a loan of £123,750 over 30 years at 3.91% 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

Price History

-13.2% since listed
£165,000£10,000(-5.7%)
01/03/2026
Current price
£175,000£10,000(-5.4%)
05/02/2026
£185,000£5,000(-2.6%)
30/12/2025
£190,000Initial listing
30/11/2025

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