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Norwich Road, Watton, Thetford, Norfolk IP25 - Image 1
Norwich Road, Watton, Thetford, Norfolk IP25 - Image 2
Norwich Road, Watton, Thetford, Norfolk IP25 - Image 3

Norwich Road, Watton, Thetford, Norfolk IP25

East of England

£325,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2380 sqft

Description

This semi-detached four-bedroom family residence is conveniently located near the town of Watton, offering ample living space alongside potential for renovation. The property showcases several original features, including an inviting inner porch with stained-glass windows that set a characterful tone upon entry. The main hallway leads to a spacious kitchen and breakfast room, which includes a pantry and a feature fireplace. A side door offers direct access to the driveway and garage, enhancing practicality. Adjacent to the kitchen is a functional utility room along with a convenient cloakroom. The home's internal layout comprises comfortable living areas such as a lounge and dedicated dining space, both of which extend into a generous conservatory—a perfect spot for relaxation with views of the rear garden. On the first floor, the gallery landing gives way to the main bedrooms and family bathroom. The master suite has an L-shaped layout with a Juliet balcony overlooking the garden and an ensuite featuring modern amenities. Two additional good-sized bedrooms are served by a family bathroom that has been updated recently. A staircase leads to the top floor where the fourth bedroom boasts its own Juliet balcony and eaves storage. The exterior features an attractive rear garden filled with fruit trees and mature shrubs, accompanied by garage and driveway parking for several vehicles. While some modernisation is needed throughout, this property represents an excellent investment opportunity to create a lasting family home in this desirable area. Additionally, it comes equipped with solar heating and battery storage for enhanced energy efficiency. Watton offers traditional amenities such as supermarkets, schools, healthcare services, and recreational facilities like sports centres and golf clubs within easy reach.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -48.4% below area average per sq ft

-48.4%
Potential saving
This Property
£137/sq ft
Area Average
£265/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£692,723
10% above area average per sq ft
Potential ROI
+89.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by +8.5% over the last 12 months
3 year growth: -7.2%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on IP25 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

Norwich Road, Watton, Thetford, Norfolk IP25
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE