Summary - 2A MAGDALEN STREET THETFORD IP24 2BN
2 bed 1 bath Terraced
Compact two-bed with courtyard, auction sale ideal for first-time buyers or investors.
Victorian mid-terrace in town centre location
A compact Victorian mid-terrace in Thetford town centre, this two-bedroom home suits a first-time buyer or buy-to-let investor seeking central location and clear refurbishment potential. The ground floor offers an open-plan living area and a contemporary-fitted kitchen; upstairs are two bedrooms plus a family bathroom and separate W/C. A small courtyard garden provides private outdoor space without maintenance demands.
The property is being sold at auction with immediate exchange options available. Prospective buyers should note auction conditions: a non-refundable 5% deposit on exchange, potential reservation fees up to 6% (minimum threshold applies), and verification requirements. A legal pack is available and should be reviewed before bidding.
Practical positives include mains gas central heating, low council tax band (A) and no onward chain. The house is modest in size (approximately 560 sq ft) and retains period character externally with sash windows. Flooring, fixtures and finishes are generally in contemporary condition inside but the layout and small plot limit extension potential.
Be aware of two important negatives: the property sits within a high-crime, deprived area which may affect insurance, rental yield and resale; and the plot is very small, so outdoor and parking options are limited. Buyers should budget for any desired cosmetic or systems upgrades after purchase and consult the legal pack for full obligations and costs.
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