1-bedroom flat · PE38 9DQ
Listing removedListed 121 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a central location within Downham Market, close to shops, local amenities and a mainline rail link to Cambridge and London is this one bedroom first floor flat.
The property comprises of a Living Room, fitted kitchen, bedroom and a shower room. It has the benefit of an allocated parking space.
Living Room 10' 5" x 13' 5" (3.17m x 4.09m) UPVC double glazed window to front and side. Glazed windows to kitchen. Opening to hall. Spot lights. Electric heater.
Kitchen 7' 8" x 9' 9" (2.34m x 2.97m) Fitted with a range of wall and base units with roll edge worktop incorporating a stainless steel sink and drainer with mixer tap. Integrated oven.
Integrated hob. Extractor fan. Spotlights Bedroom 11' 2" x 9' 10" (3.40m x 3.00m) UPVC double glazed window to side. Electric heater. Shower Room 6' 1" x 5' 10" (1.85m x 1.78m) Max. Shower cubicle.
Wash hand basin. W.C. Extractor fan. Spot lights Outside. There is an allocated parking space.
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 3, Rampant Horse Lane, Downham Market
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