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Fir Road, Thetford IP24

East of England

£170,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced
Area
1066 sqft

Description

This three-bedroom mid-terraced house offers considerable potential for renovation and personalisation. Conveniently located near the A11, it benefits from easy access to local amenities and scenic countryside. The property has been extended at the rear, adding valuable living space that can be tailored to suit modern family needs or professional lifestyles. Inside, you will find a generous lounge that flows into a separate dining room, providing a versatile layout for entertaining or relaxing. A practical downstairs shower room adds convenience, while the kitchen is equipped with ample storage and workspace. Each of the three bedrooms is well-sized, allowing for flexibility in use—ideal for family life or as home office spaces. Although the property requires modernisation, this presents an exciting opportunity for buyers to enhance its appeal and value through their vision. Chain-free ownership facilitates a straightforward transaction.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -38.4% below area average per sq ft

-38.4%
Potential saving
This Property
£159/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£279
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£303,586
10% above area average per sq ft
Potential ROI
+48.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (IP24)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -6.0%
5 year growth: +11.3%
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

Fir Road, Thetford IP24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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.

Price History

-10.5% since listed
£170,000£10,000(-5.6%)
23/02/2026
Current price
£180,000£10,000(-5.3%)
11/02/2026
£190,000Initial listing
30/12/2025

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