3-bedroom house · PE38 9GE
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the town of Downham Market, this well-presented three-bedroom home offers spacious and modern accommodation within easy walking distance of the town's shops, cafés, supermarkets, and local amenities.
The ground floor features a bright and spacious open-plan kitchen, dining and living area, creating the perfect space for everyday living and entertaining.
The kitchen comes complete with white goods for added convenience, while a downstairs WC completes the ground floor.
Upstairs, the property offers three well-proportioned bedrooms, along with a contemporary family bathroom.
Offered unfurnished, this property provides an excellent opportunity for tenants to make it their own.
Key Features: Three bedrooms Spacious open-plan kitchen/living area Modern family bathroom Downstairs WC White goods included Unfurnished Town centre location Walking distance to local amenities and transport links Please note this there is no allocated parking.
Early viewing is highly recommended. Contact us today to arrange a viewing!
Disclaimer - Permitted charges in accordance with the Tenant Fee Act 2019 For Assured Shorthold Tenancies Holding Fee: equal to 1 weeks rent Deposit: equal to 5 weeks rent if annual rent is less than £50,000 or equal to 6 weeks rent where the total annual rent is more than £50,000 Tenancy Agreement update (during the term): £50 Interest on late rent (more than 14 days overdue): 3% over the Bank of England base rate For Non-Housing Act Tenancies: Application Fee: £375 Renewal/Extension Fee: £175 Tenancy Agreement update (during the term): £50 Interest on late rent (more than 14 days overdue): 3% over the Bank of England base rate Property Redress Scheme: Member No: PRS009663
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
FAQ
About 1 Marchant Court, Downham Market
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