We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · IP24 3BW
For saleListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £190,000- £200,000. Attractive, semi detached home found in a sought after cul de sac position!
The accommodation includes entrance porch opening to lounge, plus kitchen/ diner that leads to the enclosed rear garden, whilst upstairs there are two bedrooms and the family bathroom.
Description Guide Price £190,000- £200,000.
Tucked away in the sought after Watermill Green area of Thetford, this semi-detached house presents an excellent opportunity for first-time buyers or investors.
Built in 1996, the property spans a comfortable 592 square feet and is offered chain free, making for a smooth transition into your new home.
Upon entering, you are welcomed by an entrance porch that leads into a spacious lounge with stairs to first floor, The kitchen and dining area have access to the enclosed rear garden, providing a lovely outdoor space for al fresco dining or gardening enthusiasts.
The first floor features a landing with loft access, two bedrooms, and a bathroom, ensuring ample space for comfortable living.
The front garden boasts a dropped kerb, which could accommodate off-road parking subject to the necessary permissions, a valuable feature in this sought-after location.
The property is within walking distance to the town centre, bus station, and railway station, offering excellent transport links for commuting or leisure activities.
Additionally, the picturesque River Ouse and the scenic Barnham Cross Common are just a short stroll away, perfect for those who enjoy nature and outdoor pursuits.
While the house would benefit from some modernisation, this presents a fantastic opportunity for buyers to personalise their new home in a popular area.
With its prime location and potential for enhancement, this property is not to be missed.
Measurements Entrance Porch Lounge 15'2" x 12'5" max (4.62m x 3.81m max) Kitchen/Diner 12'5" x 8'1" (3.76m x 2.49m) Landing Bedroom 1 - 11'7" max x 9'4" extending to 12'6" (3.53m x 2.84m) Bedroom 2 - 11'9" x 6'4" (3.56m x 1.93m) Bathroom - 7'6" max x 5'11" max Agent's Note Council Tax band - B Molyneux Estate Agents has not tested any fixtures and fittings, services or appliances in this property and cannot guarantee that they are in working order.
Whilst we intend to make our particulars as accurate as possible, measurements and statements are provided as a general guidance, they are not factual and should not be relied upon.
Before ordering any carpets or built in furniture please contact the agent to verify any specific measurements. Floor plans are not to scale.
They are provided for indication purposes and their accuracy should not be relied upon. Items shown in photographs are not included unless they are detailed within the sales particulars.
They may be available by separate negotiation. Please contact the agent with regards to this. The Buyer is advised to obtain verification of the tenure from their Solicitor.
The agent has not reviewed the title documents for this property.
We are supervised by hmrc and, as such, have an obligation under anti-money laundering regulations to conduct anti-money laundering checks on all potential buyers and sellers.
We have partnered with Coadjute who will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract) Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £27+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send a Memorandum of Sale to solicitors to confirm the sale. Please contact the office if you have any questions in relation to this.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 25, Watermill Green, Thetford
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