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See how verdicts work2-bedroom bungalow · PE38 9TA
Listing removedListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*sold subject to contract* Discover this charming 2-bedroom detached bungalow, perfectly designed for comfortable, single-level living.
This well-presented home boasts a bright living room, a fitted kitchen, a modern bathroom, and a conservatory that overlooks the enclosed garden, creating an inviting space to relax or entertain.
Complete with a garage and gas central heating, this property offers both convenience and comfort in a desirable setting, ideal for retirees or young families seeking a peaceful yet accessible location.
This delightful property combines comfortable living, modern conveniences, and a superb location, making it a truly inviting home.
Living Room 11' 11" x 16' 1" (3.63m x 4.90m) Kitchen 10' 3" x 9' 5" (3.12m x 2.87m) Conservatory 14' 4" x 7' 2" (4.37m x 2.18m) Bedroom 1 9' 6" x 12' 11" (2.90m x 3.94m) Bedroom 2 10' 2" x 9' 11" (3.10m x 3.02m) Bathroom 5' 5" x 6' 9" (1.65m x 2.06m) Garage 9' 1" x 18' 7" (2.77m x 5.66m) Location: Downham Market is a handsome Georgian and Victorian market town on the edge of the Norfolk Fens, sitting on the River Great Ouse.
Its centre is built largely from distinctive black carrstone, earning it the nickname "the Gingerbread Town", and is anchored by a striking cast-iron clock tower dating from 1878.
The town offers a genuinely useful day-to-day mix: A Tesco superstore, independent shops, cafés, banks, doctors' surgeries, dentists, and a weekly market that still trades on Fridays and Saturdays.
For commuters, Downham Market railway station puts London King's Cross within around 1 hour 40 minutes, making it a popular choice for buyers wanting Fenland space with a fast line to the capital.
The town has a leisure centre, a cinema, several well-regarded primary schools and Downham Market Academy for secondary education.
Historically an agricultural centre and horse-fair town since medieval times, it grew rapidly with the arrival of the railway in the 1840s, and its heritage cent...
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 37, Richmond Road, Downham Market
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