2-bedroom flat · PE38 9AQ
Listing removedListed 162 days
Opportunity summary
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About
This light and airy two bedroom first floor apartment is situated in a convenient location within Downham Market.
The living room has a bay fronted window which allows plenty of light and additional space. There are two good sized bedrooms and a modern shower room.
The kitchen offers plenty of space for meal preparation. The property has UPVC double glazing and electric heating with an energy performance certificate of a B.
The annual service charge includes maintenance, repairs, building insurance & the upkeep of the garden and surrounding areas.
The communal garden room is available for residents to use with access via a key entry fob.
The apartment also benefits from a dedicated parking space with additional visitor parking and No Onward Chain. Entrance Hall Electric heater. Boiler airing cupboard.
Living Room UPVC bay fronted window to front. Electric heater. Kitchen Fitted with a range of wall and base units with worktop over incorporating a stainless steel sink and drainer with mixer tap.
Electric oven, hob and extractor hood . Space for fridge freezer. Space for washing machine. Bedroom 1 11' 5" x 12' 6" (3.48m x 3.81m) Max. UPVC double glazed window to front. Electric heater.
Bedroom 2 10' 1" x 13' 9" (3.07m x 4.19m) UPVC double glazed window to side. Electric heater. Shower Room 6' 7" x 6' 3" (2.01m x 1.91m) Double width shower cubicle. Wash hand basin and W.C.
Within vanity unit. Heated towel rail. Agents Note: Current Annual Service Charge £900. This includes maintenance, building insurance and upkeep of garden and surrounding areas..
Lease Term 125 years from 25/12/2004
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 Lady Hamilton Court, Howdale Road, Downham Market
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