Henleys says ..
The property is offered to the market for Investment Buyers with the current tenant paying £650pm. The property is a modern two bedroom apartment with living room, kitchen and bathroom.
Property Oracle says ..
This two-bedroom apartment in Cypress Covert, Thetford, is marketed as an investment opportunity, currently rented for £650 per month. The property boasts a modern kitchen and bathroom, as depicted in the provided images. Its proximity to Thetford town centre and the A11 provides good access to amenities and transport links. The apartment is part of a larger development, and the surrounding area includes several schools of varying Ofsted ratings, indicating options for families. The property has already been sold subject to contract, suggesting it represents competitive value for money in the current market. However, the lack of information regarding the apartment’s exact size and the absence of external space are notable limitations. Further investigation into the specifics of the tenancy agreement and the condition of the building’s communal areas would enhance the overall assessment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 592.02
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 287,500.00 £Increased by 24.26 %
- Est sale value
- 135,572.58 £Decreased by 28.44 %
- Average area rental value
- 1,173.00 £/moIncreased by 1.82 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 4.90 %Decreased by 17.92 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Henleys marked this listing as sold.
Henleys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Admirals Academy | Academy Sponsor Led | 0.96 KM | |
| Raleigh Infant Academy | Academy Sponsor Led | 0.96 KM | |
| Drake Primary School | Community School | Outstanding | 1.44 KM |
| Surestart Thetford Drake Children'S Centre (Phase 2) | Children's Centre | 1.51 KM | |
| The Thetford Academy | Academy Sponsor Led | Good | 1.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Blackthorn Close | £ 0 | 0 | 0.00 KM |
| Cedar Road | £ 219,950 | 0 | 0.00 KM |
| Elswick Road | £ 0 | 0 | 0.00 KM |
| Beatty Close | £ 0 | 0 | 0.00 KM |
| Sovereign Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Thetford | 7203 | TTF | 2.67 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hazel Covert, Thetford | £ 140,000 | BUY | 5 / 10 | 0.08 KM |
| Birch Covert, Thetford | £ 210,000 | BUY | 7 / 10 | 0.10 KM |
| Sycamore Covert, THETFORD | £ 140,000 | BUY | 6 / 10 | 0.11 KM |
| Birch Covert, Thetford | £ 195,000 | BUY | 6 / 10 | 0.13 KM |
| Woodruff Road, Thetford | £ 210,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 | £ 139,000 | 0.00 KM |
| 5 Cypress Covert | £ 77,500 | 0.00 KM |
| 16 Hazel Covert | £ 85,000 | 0.08 KM |
| 9 Hazel Covert | £ 155,000 | 0.08 KM |
| 6 Hazel Covert | £ 105,350 | 0.08 KM |