Guide price
£87,500
3 bed terraced house for saleMagdalen Street, Thetford IP24
3 beds
1 bath
1 reception
Chain free
Auction
Freehold
About this property
Chain free
Renovation project
Recommended for cash buyers and experienced developers
Three bedrooms
Communal rear yard
Town centre location
Fantastic rental yield once refurbished
Basement cellar
Attractive period exterior
Exceptional Refurbishment Project - 3-Bedroom Terraced Cottage in Central Thetford
For sale by Modern Method of Auction
An exciting investment opportunity to acquire a characterful 3-bedroom period terraced property featuring a classic Norfolk flint and brick facade. Situated in the heart of Thetford town centre, this home offers enormous potential for investors, builders, or seasoned renovators looking to add significant value through a full refurbishment program
Spanning approximately 837 sq. Ft (77.8 sq. M) across two main levels plus a lower-ground cellar, the property offers a blank canvas with a flexible layout, period features, and a private rear yard
Agent's Note
Renovation Required: This property requires extensive internal and structural refurbishment works throughout, including full clearance, plastering, re-wiring, modern heating installation, roof/ceiling repairs, and new fixtures. Recommended for cash buyers, experienced developers, or seasoned diy enthusiasts. The property will be sold as is, and the responsibility for clearing the property will lie with the buyer
Auctioneer's Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the ”Reservation Period”). Interested parties' personal data will be shared with the Auctioneer (iamsold)
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack, which you must view before bidding
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
The property is currently going through the process of Probate, which has been applied for, and the Auction will run with the sale completing once Probate has been granted
Property information:
Construction Type: Period property, standard construction, flint frontage
Sources of Heating: Electric heating
Sources of Electricity supply: Mains supply
Sources of Water Supply: Mains supply
Primary Arrangement for Sewerage: Mains supply
Broadband Connection: See media
Mobile Signal/Coverage: See media
Parking: On street
Building Safety: No issues
Listed Property: Possible collective listing assets adjacent
Restrictions: None
Private Rights of Way: None
Public Rights of Way: None
Flooded in Last 5 Years: No
Flood Defences: No
Entrance Location: Ground floor
Accessibility Measures: None
Located on a coalfield: No
Other Mining Related Activities: No
Living Room
4.11m x 3.61m - 13'6” x 11'10”
Kitchen
3.89m x 3.45m - 12'9” x 11'4”
Cellar
Bathroom
2.48m x 2.29m - 8'2” x 7'6”
Bedroom 1
5.32m x 2.63m - 17'5” x 8'8”
Bedroom 2
3.2m x 5.15m - 10'6” x 16'11”
Bedroom 3
3.45m x 2.76m - 11'4” x 9'1”
For sale by Modern Method of Auction
An exciting investment opportunity to acquire a characterful 3-bedroom period terraced property featuring a classic Norfolk flint and brick facade. Situated in the heart of Thetford town centre, this home offers enormous potential for investors, builders, or seasoned renovators looking to add significant value through a full refurbishment program
Spanning approximately 837 sq. Ft (77.8 sq. M) across two main levels plus a lower-ground cellar, the property offers a blank canvas with a flexible layout, period features, and a private rear yard
Agent's Note
Renovation Required: This property requires extensive internal and structural refurbishment works throughout, including full clearance, plastering, re-wiring, modern heating installation, roof/ceiling repairs, and new fixtures. Recommended for cash buyers, experienced developers, or seasoned diy enthusiasts. The property will be sold as is, and the responsibility for clearing the property will lie with the buyer
Auctioneer's Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the ”Reservation Period”). Interested parties' personal data will be shared with the Auctioneer (iamsold)
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack, which you must view before bidding
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
The property is currently going through the process of Probate, which has been applied for, and the Auction will run with the sale completing once Probate has been granted
Property information:
Construction Type: Period property, standard construction, flint frontage
Sources of Heating: Electric heating
Sources of Electricity supply: Mains supply
Sources of Water Supply: Mains supply
Primary Arrangement for Sewerage: Mains supply
Broadband Connection: See media
Mobile Signal/Coverage: See media
Parking: On street
Building Safety: No issues
Listed Property: Possible collective listing assets adjacent
Restrictions: None
Private Rights of Way: None
Public Rights of Way: None
Flooded in Last 5 Years: No
Flood Defences: No
Entrance Location: Ground floor
Accessibility Measures: None
Located on a coalfield: No
Other Mining Related Activities: No
Living Room
4.11m x 3.61m - 13'6” x 11'10”
Kitchen
3.89m x 3.45m - 12'9” x 11'4”
Cellar
Bathroom
2.48m x 2.29m - 8'2” x 7'6”
Bedroom 1
5.32m x 2.63m - 17'5” x 8'8”
Bedroom 2
3.2m x 5.15m - 10'6” x 16'11”
Bedroom 3
3.45m x 2.76m - 11'4” x 9'1”
Mortgage calculator
Monthly repayment
£437 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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