Magdalen Street, Thetford

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