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See how verdicts work3-bedroom house · PE38 0JS
Sold STCReduced £20k (−11.1%) on 5 SepListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, detached, 3-bedroom bungalow positioned within this desirable Village, offered for the sale with the benefit of no onward chain.
The property is of a non-standard construction but has been extended to boast a truly generous level of living accommodation throughout.
The lounge extends to over 18ft in size and the kitchen measures over 12ft in size. Adjoining this is a lean to/utility and this then provides an additional access to the rear.
Each of the bedrooms are well proportioned and these are served by both a bathroom and a separate cloakroom.
Outside, there is a very good level of private parking and there are both front and back gardens.
There is a timber garage and storage shed and across a walkway to the back are the local allotments which the previous occupier still has the use of.
The bungalow is positioned only a short walk from the village centre where there is a local pub, playing field and community hall.
Accommodation - Front entrance door opening to:- Hallway Extending throughout with access to loft, bathrooms and bedrooms, single panel radiator, built in storage cupboards, door to airing cupboard housing hot water cylinder, door to:- Lounge 18’4” x 12’9” (5.59m x 3.90m) Double glazed windows to both front and side aspects, central brick fireplace, double panel radiator, door to:- Kitchen 12’5” x 10’4” (3.80m x 3.15m) Double glazed window to side, fitted with matching wall and base units with round edge worksurfaces over, inset stainless steel sink drainer, single panel radiator, part glazed door to:- Rear Lean-To/Utility 9’9” x 5’10” (2.99m x 1.79m) Double glazed windows to the rear, free standing oil fired central heating boiler, storage and worksurfaces, uPVC double glazed side access door.
Bedroom One 11’10” x 10’4” (3.61m x 3.15m) Double glazed window to the rear, built in storage wardrobes, single panel radiator.
Bedroom Two 12’9” x 11’11” (3.90m x 3.64m) Double glazed window to front, single panel radiator. Bedroom Three 11’10” x 10’5” (3.62m x 3.19m) Double glazed window to side, single panel radiator.
Bathroom Double glazed window to rear, panelled bath, walk in shower cubicle, pedestal handwash basin, tiling to walls, single panel radiator, low level w.c.
Cloakroom Double glazed window to rear, low level w.c. Outside A low level, brick wall extends across the front of the property enclosing the front lawn.
A long driveway extends to the side leading to a timber garage. Around to the rear, the garden is a combination of vegetable patches and growing areas along with mature flowers and shrubs.
There is a small area of lawn along with greenhouse and timber storage shed.
The bungalow leads directly to the allotments positioned behind, and the owners have enjoyed the benefit of one of these for many years.
It is advised to contact the local Council if this is something a prospective purchaser wished to continue with.
Agents Notes: The property is originally of a non-standard construction with brickwork to the external walls. This does affect the ability to obtain mortgages.
The property is being sold subject to Probate being granted. Services: Oil fired central heating, mains water, mains drainage.
Value & comps
No previous sales on record.
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 asking
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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
Agent & docs
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FAQ
About 8, Tower Road, Downham Market
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