2-bedroom property · PE38 9TQ
Listing removedListed 650 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two double bedroom bungalow is situated on a Cul-de-Sac of similar properties within the town of Downham Market.
The current owners have improved the home considerably since 2018 and offer it in excellent condition inside and out.
One of the largest two bedroom bungalows built by Bennett Homes offering a generous open plan Kitchen/Dining room and separate living room with patio doors.
Both bedrooms are double size and there is a lovely refitted modern bathroom suite. The home has gas central heating, UPVC double glazing, a garage and driveway parking.
The rear garden has a large patio area is enclosed and west facing. A really lovely bungalow which must be viewed to fully appreciate.
Entrance Hall 15' 4" x 3' 3" (4.67m x 0.99m) Luxury Vinyl Tiled flooring. Radiator. Telephone point. Loft access. Door to built-in storage cupboard.
Kitchen/Dining Room 16' 8" x 14' 7" (5.08m x 4.45m) UPVC double glazed window to rear and side.
Fitted with a range of wall and base units with under unit lighting incorporating a stainless steel sink and drainer with mixer tap. Bosch eye-level double oven. Zanussi induction hob.
Bosch extractor hood. Bosch integrated dishwasher. Space for washing machine. Space for fridge freezer. Tiled floor. Gas boiler. Double glazed door to rear. Spot lights. Door to living room.
Living Room 14' 10" x 12' 2" (4.52m x 3.71m) UPVC double glazed double doors to rear garden. Fire place with electric fire. Telephone point. Television point. Radiator.
Bedroom 1 11' 11" x 12' 2" (3.63m x 3.71m) UPVC double glazed window to front. Radiator. Television point. Telephone point. Bedroom 2 9' 3" x 10' 9" (2.82m x 3.28m) UPVC double glazed window to front.
Radiator. Television point. Bathroom 5' 8" x 7' 11" (1.73m x 2.41m) UPVC double glazed window to side. Bath with shower over and screen. Wash hand basin within vanity unit. Mirrored cabinet. W.C.
Storage cupboard. Heated towel rail. Tiled walls. Spot lights.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 47, Tinkers Way, Downham Market
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