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See how verdicts work2-bedroom detached house · PE38 9RX
Sold STCListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**SOLD SUBJECT TO CONTRACT** A fantastic renovation opportunity!
This detached two-bedroom bungalow is offered with no onward chain and is ideally located close to Downham Market town centre and mainline train station.
Requiring full refurbishment throughout, the property offers huge potential to improve and extend (subject to planning), and benefits from a garage, living room, kitchen and unkempt gardens.
Entrance Hall - 4.14m x 1.24m (13' 7" x 4' 1") Kitchen - 3.02m x 2.71m (9' 11" x 8' 11") Bedroom 1 - 3.61m x 3.31m (11' 10" x 10' 10") Lean To - 3.13m x 2.4m (10' 3" x 7' 10") Living Room - 4.57m x 3.59m (15' 0" x 11' 9") Bedroom 2 - 3.3m x 2.73m (10' 10" x 8' 11") Shower Room - 1.91m x 1.64m (6' 3" x 5' 5") Offered to the market with no onward chain, this detached two-bedroom bungalow presents an exciting opportunity for buyers looking to create their ideal home.
Situated in a sought-after residential location close to Downham Market town centre and the mainline train station, the property is in need of full renovation throughout but offers excellent potential to improve and extend, subject to the necessary planning permissions.
The accommodation currently comprises two double bedrooms, a living room, kitchen and shower room, while externally the property benefits from a garage and unkempt gardens.
Perfect for investors, developers or buyers seeking a project, this bungalow offers fantastic scope to add value in a convenient and well-connected location.
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
FAQ
About Hardy Close, Downham Market
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