2-bedroom flat · PE38 9HT
Listing removedListed 85 days · slow let
Opportunity summary
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About
First floor apartment benefiting from Gas Central heating and UPVC double glazing, with two bedrooms. The property accommodates a Lounge, kitchen, two bedrooms and bathroom.
The property is ideally located in the centre of the town in a private mews within easy walking distance of local shops and amenities including a main line railway to Ely, Cambridge and London Kings Cross.
Allocated Parking Space. Composite Door From Communal Hall To; Entrance Hall Door entry system, radiator. Wood floor. Door to built in cupboard. Doors to bedrooms and bathroom.
Living Room 11' 5" x 12' 3" (3.48m x 3.73m) Two UPVC double glazed sash style windows to dual aspect. Radiator and Wood floor. Opening to kitchen.
Opening to alcove housing gas fired boiler and electric consumer unit. Kitchen 5' 6" x 6' 8" (1.68m x 2.03m) UPVC double glazed sash style window.
Fitted with a range of wall and base units incorporating a stainless steel sink and drainer. Electric oven & hob. Bosch washing machine, Slimline dishwasher, Fridge freezer and Microwave.
Bedroom One 11' 3" x 8' 10" (3.43m x 2.69m) UPVC double glazed sash style window, radiator. Lobby area with radiator and fitted cupboard. Opening to bedroom area.
Bedroom Two 9' 9" x 12' 2" (2.97m x 3.71m) UPVC double glazed sash style window. Skylight to rear. Radiator and Fitted wardrobe.
Bathroom 5' 6" x 5' 0" (1.68m x 1.52m) Bath with shower over and screen, low level W.C., pedestal wash basin, heated towel rail and extractor fan. Allocated Parking.
Agents Note: Appliances in the kitchen are not the landlords responsibility, if any white goods fail, the tenant will have to replace them.
EPC: C Council Tax Band: A Mains water, drainage, gas and electric All applicants will be required to pass credit, reference and affordability checks.
A Holding Deposit equal to 1 weeks rent is payable upon application Deposit: 5 weeks rent
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 5D, Paradise Road, Downham Market
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