2-bedroom flat · PE38 9LE
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN! A well-presented ground floor apartment conveniently situated close to Downham Market town centre and its wide range of amenities.
The property offers two double bedrooms, a living room, fitted kitchen, gas central heating, triple glazing, allocated parking and communal gardens.
Benefitting from its own independent access and a 999-year lease from 1st January 2003, this property would make an ideal first-time purchase, investment or downsizing opportunity.
Upvc Double Glazed Door To: - Entrance Hall - 12' 8" x 3' 6" (3.86m x 1.07m) Living Room - 9' 9" x 12' 7" (2.97m x 3.84m) Kitchen - 8' 4" x 8' 0" (2.54m x 2.44m) Bedroom 2 - 10' 6" x 11' 10" (3.20m x 3.61m) Bathroom - 6' 1" x 6' 2" (1.85m x 1.88m) Bedroom 1 - 12' 6" x 12' 6" (3.81m x 3.81m) Max Agents Note: - Lease: 999 years from 1 January 2003.
NO CHAIN!
Offered for sale with vacant possession, this spacious and well-maintained ground floor apartment enjoys a convenient location within easy reach of Downham Market town centre, local shops, services and transport links.
The accommodation comprises an entrance with its own independent access, a comfortable living room, fitted kitchen, two generous double bedrooms and a bathroom.
The property further benefits from triple glazing and gas central heating, helping to provide comfort and energy efficiency throughout the year.
Externally, residents can enjoy the communal gardens, while an allocated parking space provides convenient off-road parking.
The apartment would be ideal for first-time buyers, investors or those looking to downsize, combining practical living space with a highly convenient location.
Additional benefits include a long 999-year lease from 1st January 2003 and the significant advantage of being offered to the market with no onward chain, allowing for a potentially smooth and straightforward purchase.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Church Road, Downham Market
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