3-bedroom terraced house · PE38 9HP
To rentListed 1 day
Opportunity summary
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About
In the heart of Downham Market, this charming mid-terrace house on Playhouse Yard offers a delightful blend of modern living and convenience.
Built in 2016, the property spans an inviting 753 square feet and features three well-proportioned bedrooms, 2 bathrooms, kitchen/dining area, spacious lounge and a downstairs WC.
An ideal home for families or professionals seeking space and comfort.
Front Exterior - This charming cottage boasts a quaint exterior with traditional brickwork and a classic dark green door, set within a peaceful street scene.
Its modest frontage hints at the cosy and well-appointed interior within, perfect for those seeking a welcoming home with character.
Kitchen - The kitchen features a practical layout with cream-coloured cabinetry contrasted by navy blue plinths, complemented by wooden work surfaces and cream tiled splashbacks.
Integrated appliances include a double oven and a gas hob with an extractor fan above, the flooring is a warm wood effect, tying the space together with a clean, contemporary feel.
Dining Room - Adjoining the kitchen is a bright dining area that enjoys natural light from French doors opening onto the courtyard garden.
The space is versatile, offering ample room for a dining table and chairs with a simple, fresh décor scheme that enhances the airy atmosphere.
The door leads conveniently to the neighbouring reception area, facilitating easy flow between living spaces.
Living Room - A spacious reception room welcomes you with a generous layout and wood-effect flooring that continues throughout the ground floor.
The walls are simply decorated, featuring a subtle green geometric accent that adds a contemporary touch without overwhelming the space.
This versatile room has a large window to the rear, filling the room with natural light and offering views over the garden.
Cloakroom - The downstairs cloakroom is compact yet well-appointed, featuring a modern white basin and toilet set against walls painted in a striking blue.
The area behind the toilet has been cleverly panelled with wood to conceal pipework and provide a shelf for decorative items or storage.
Patterned floor tiles add character and charm to this practical space. Hallway - A practical hallway provides access to the stairs and adjoining rooms.
It features wood-effect flooring and walls painted in a fresh two-tone green and cream scheme.
There is a useful alcove space that could be used for storage or coat hanging, enhancing the functionality of this transitional area.
Bedroom 1 - The main bedroom is a peaceful retreat with soft carpeting underfoot and a neutral wall colour that enhances the natural light provided by a skylight window.
The room is spacious enough to accommodate a double bed and additional furniture, with a simple layout that allows for easy furnishing and personalisation.
Bedroom 2 - The second bedroom is similarly well-proportioned with a pale carpet and neutral walls, benefiting from a skylight that brings in ample daylight.
It offers a cosy atmosphere, ideal as a guest room, child’s bedroom, or flexible space to suit your needs.
Study - A smaller room that could serve as a study or nursery, this space is carpeted and painted in neutral tones.
It has a simple wooden desk and shelving unit, making it a quiet, private area for work or hobbies.
Courtyard - The courtyard garden is an intimate outdoor space, enclosed by brick walls and paved for easy maintenance.
It features a charming brick-built barbecue area with decorative tiles, perfect for entertaining or relaxing outdoors.
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 Playhouse Yard, Downham Market
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