2-bedroom bungalow · PE38 0PA
Listing removedReduced £20k (−9.1%) on 4 AugListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Set on a generous plot in the popular village of Southery, this detached bungalow offers fantastic potential to renovate or extend (STPP).
With extensive parking, a double garage, large gardens and excellent transport links including a bus stop at the doorstep, it’s a rare opportunity!
Description Situated within the popular village of Southery, this two bedroom detached bungalow occupies a generous plot & offers an exciting opportunity for those looking to renovate, extend & create a home tailored to their own taste (subject to the relevant planning permissions).
Offered to the market with no onward chain, the property benefits from a bus stop directly to the front & excellent transport links, making it both well-connected & conveniently located within this well-served village which also provides local amenities while being within easy reach of Downham Market for a wider range of shopping & leisure facilities.
Inside, the accommodation is bright & well-proportioned.
A generous lounge enjoys a front-facing bay window, allowing natural light to flood the space, while the kitchen provides ample room for appliances.
The spacious conservatory offers a light-filled additional living area, with a separate utility room adding practicality. Both bedrooms are comfortable doubles & served by a shower room.
Externally, the property truly stands out for its space & versatility.
The front garden is laid to lawn with mature trees & hedging, while a driveway runs along the side of the property leading to a substantial rear parking area, detached double garage & garden shed.
The large rear garden is mainly laid to lawn with established planting, offering excellent potential for landscaping or extension.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Accommodation: Double-glazed entrance door to: Entrance Hall Door to the front. Radiator. Storage cupboard. Loft access.
Lounge Double-glazed bay window to the front & double-glazed window to the side. Radiator. Feature fireplace.
Kitchen This fitted kitchen includes a range of wall & base units with work surfaces over, a composite sink & drainer unit, a low-level electric oven & an electric hob with cooker hood over.
There is also space for a fridge/freezer, as well as space & plumbing for a washing machine and dishwasher. Radiator. Airing cupboard. Double-glazed window to the rear.
Conservatory Double-glazed windows to the side. Double-glazed doors to the front & side. Radiator. Utility Room Double-glazed window to the rear.
Space & plumbing for a washing machine & tumble dryer. Stainless steel sink & drainer unit. Bedroom One Double-glazed bay window to the front. Radiator. Built-in wardrobe.
Bedroom Two Double-glazed window to the side. Radiator. Shower Room Fitted with WC, wash hand basin & shower cubicle. Heated towel rail. Double-glazed window to the rear.
Outside The property occupies a sizable plot with generous gardens to the front & rear.
To the front, you will find a lawned garden with mature trees & hedging, whilst a hardstanding driveway extends down the side of the property & leads to the rear gravelled parking area providing off-road parking for multiple vehicles & leading to the detached double garage & garden shed.
The large rear garden is laid to lawn, alongside various plants & shrubs. Agent's Note Heating to the property is served by oil central heating.
Please contact the branch for further information if required. Please note that there is asbestos present in the roof of the utility room. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
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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 starting price
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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
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FAQ
About 10, Westgate Street, Downham Market
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