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See how verdicts work2-bedroom house · PE38 0NR
For saleReduced £21k (−25%) on 1 OctListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership from 40%!
This semi-detached home has been recently refurbished and includes a contemporary kitchen, cloakroom W.C and lounge as well as two double bedrooms and a modern family bathroom.
There is also a generous rear garden and off street parking.
Description This semi-detached home is available with Shared Ownership from 40% and has been refurbished internally to offer spacious, modern accommodation in a Norfolk village location.
Upon entering the house you will find a welcoming entrance hall, including a cloakroom W.C with wash hand basin.
There is a contemporary kitchen which has been newly fitted and includes a range of wall and base level units, stainless steel sink and drainer, integrated cooker as well as an electric hob with extractor hood fitted over.
The kitchen is also home to a wall mounted oil boiler and provides space for a couple of freestanding appliances.
The downstairs accommodation is concluded by a generous sized lounge with a large understairs cupboard offering a useful storage space. There is an external door leading outside to the rear garden.
Stairs lead to a first floor landing, which includes an airing cupboard housing a Vaillant hot water cylinder.
Upstairs, the property enjoys two well-proportioned double bedrooms and a family bathroom comprising W.C, wash hand basin and bath with a shower attachment over.
Outside, a shared access leads to private driveway off street parking, located immediately beside the house, as well as a side access gate leading into the fully enclosed rear garden.
The garden is predominantly laid to lawn and includes a small patio area and lockable oil tank.
Measurements Cloakroom W.C - 5'9" x 3'2" Lounge - 15'5" max x 15'3" max Kitchen - 9'1" max x 8'3" max Bedroom - 15'3" max x 8'9" max Bedroom - 15'5" max, narrowing to 11'7" min x 9'2" max, narrowing to 5'2" min Family Bathroom - 8'3" max x 6'3" max Shared Ownership Leasehold Shares available from 40%: £84,000 Full market value: £210,000 Years remaining on Lease: 990 years of a 990 year lease Service Charge: £28.78 including grounds maintenance and buildings insurance Rent on remaining share (at 40% ownership): £288.75 Staircasing is available up to 100%.
Non-refundable reservation deposit required - £500.00. Buyers will be subject to an affordability assessment by Broadland Housing Association before the reservation fee is payable.
Anti-Money Laundering (Aml) And Identification We are supervised by hmrc and, as such, have an obligation under anti-money laundering regulations to conduct anti-money laundering checks on all potential buyers and sellers.
We have partnered with Coadjute who will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract) Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £27+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send a Memorandum of Sale to solicitors to confirm the sale. Please contact the office if you have any questions in relation to this.
Agents Note There is a shared access into the private driveway off street parking which is located immediately beside the house. This property will be sold as seen.
There are no warranties or defects periods offered with the sale. Council Tax Band - Kings Lynn & West Norfolk, A.
Molyneux Estate Agents has not tested any fixtures and fittings, services or appliances in this property and cannot guarantee that they are in working order.
Whilst we intend to make our particulars as accurate as possible, measurements and statements are provided as a general guidance, they are not factual and should not be relied upon.
Before ordering any carpets or built in furniture please contact the agent to verify any specific measurements. Floor plans are not to scale.
They are provided for indication purposes and their accuracy should not be relied upon. Items shown in photographs are not included unless they are detailed within the sales particulars.
They may be available by separate negotiation. Please contact the agent with regards to this. The Buyer is advised to obtain verification of the tenure from their Solicitor.
The agent has not reviewed the title documents for this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 25B, Feltwell Road, Downham Market
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