2-bedroom flat · PE38 9HT
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom Ground Floor Flat in Norfolk!
This well-proportioned ground floor flat offers a fantastic opportunity for first-time buyers or investors seeking a property with great potential and immediate availability.
The layout includes a bright lounge and dining area, a separate kitchen, two generously sized bedrooms, and a modern three-piece family bathroom suite.
The flat is in good overall condition and would benefit from some light cosmetic refreshment, allowing you to tailor the space to your preferred style.
Situated in a convenient location close to a range of local amenities, shops and transport links, the property provides both comfort and practicality.
With the added advantage of being vacant and ready for immediate occupation, this is an excellent opportunity to secure a home with plenty of appeal and scope to personalise.
COUNCIL TAX - A EPC RATING - C LEASE - 112 YEARS SERVICE CHARGE - £750 GROUND RENT - £125 Office Opening Times: Monday - Friday: 09:00am - 17:00pm Saturday: 10:00am - 16:00pm Sunday: CLOSED
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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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 advisors before making any investment decisions.
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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 Paradise Road, Downham Market, Norfolk, PE38
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