6 Bed Detached House, Planning Permission, Downham Market, PE38 9QZ, £775,000

Bridle Lane, Downham Market, PE38 9QZ - a year ago

Sold STC
Planning
~186 m²
+25 photos

ValuationOvervalued

Sold Prices£200K - £485K
Sold Prices/m²£1.8K/m² - £5.6K/m²

 

 

Square Metres

~186 m²
Price/m²£4.2K/m²

Value Estimate

£502,655

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£193,750

Stamp Duty & Legal Fees

£68,700

Total Cash In

£262,450

 

 

Cash Out

 

Rent Range

£900 - £1,650

Rent Estimate

£947

Running Costs/mo

£2,631

Cashflow/mo

£-1,684

Cashflow/yr

£-20,211

Gross Yield

1%

Local Sold Prices

46 sold prices from £200K to £485K, average is £327.5K. £1.8K/m² to £5.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£350K02/210.16 mi127, Broomhill, Downham Market, Norfolk PE38 9QU4
£245K03/240.16 mi20, Saffron Close, Downham Market, Norfolk PE38 9UP4
£362.5K11/220.18 mi1, Cinnamon Road, Downham Market, Norfolk PE38 9UL4
£250K01/210.19 mi9, Cinnamon Road, Downham Market, Norfolk PE38 9UL4
£355K02/230.19 mi64, Rosemary Way, Downham Market, Norfolk PE38 9UB4
£365K12/220.19 mi70, Rosemary Way, Downham Market, Norfolk PE38 9UB4
£265K02/210.19 mi14, Rosemary Way, Downham Market, Norfolk PE38 9UB4
£296K12/200.19 mi48, Rosemary Way, Downham Market, Norfolk PE38 9UB4
£405K06/230.19 mi52, Rosemary Way, Downham Market, Norfolk PE38 9UB4
£270K09/210.22 mi11, Camomile Close, Downham Market, Norfolk PE38 9UJ4
£315K11/220.24 mi14, Lavender Drive, Downham Market, Norfolk PE38 9UA4
£285K03/240.25 mi5, Basil Drive, Downham Market, Norfolk PE38 9UH4
£300K05/230.25 mi30, Basil Drive, Downham Market, Norfolk PE38 9UH4
£325K04/230.25 mi2, Fennel Crescent, Downham Market, Norfolk PE38 9UR4
£275K05/210.28 mi4, Nutmeg Walk, Downham Market, Norfolk PE38 9UT4
£220K03/210.29 mi6, Coriander Road, Downham Market, Norfolk PE38 9WB4
£227.5K07/210.3 mi18, Stirling Close, Downham Market, Norfolk PE38 9PZ4
£230K03/210.31 mi25, Glebe Road, Downham Market, Norfolk PE38 9QJ4
£293K04/240.31 mi25, Glebe Road, Downham Market, Norfolk PE38 9QJ4
£384K02/230.35 mi4, Mill Lane, Downham Market, Norfolk PE38 9QT4
£355K08/230.37 mi47, Civray Avenue, Downham Market, Norfolk PE38 9QP4
£345K02/230.4 mi50, Hillcrest, Downham Market, Norfolk PE38 9QW4
£332.5K04/210.45 mi62, Landseer Drive, Downham Market, Norfolk PE38 9NG4
£315K06/230.45 mi4, Ruskin Place, Downham Market, Norfolk PE38 9LA4
£312K04/230.48 mi44, Civray Avenue, Downham Market, Norfolk PE38 9TR4
£345.5K08/230.48 mi60, Civray Avenue, Downham Market, Norfolk PE38 9TR4
£200K02/210.48 mi34, Civray Avenue, Downham Market, Norfolk PE38 9TR4
£375K08/230.48 mi50, Civray Avenue, Downham Market, Norfolk PE38 9TR4
£250K01/210.53 mi22, Sandringham Drive, Downham Market, Norfolk PE38 9NF4
£300K07/230.53 mi8, Sandringham Drive, Downham Market, Norfolk PE38 9NF4
£312K05/230.56 mi29, Guiltcross Way, Downham Market, Norfolk PE38 9RE4
£340K12/210.57 mi10, Holkham Close, Downham Market, Norfolk PE38 9TP4
£400K01/230.58 mi13, Masefield Drive, Downham Market, Norfolk PE38 9TS4
£340K09/230.59 mi10, Masefield Drive, Downham Market, Norfolk PE38 9TS4
£347.5K12/200.59 mi16, Masefield Drive, Downham Market, Norfolk PE38 9TS4
£273K01/210.6 mi12, Felbrigg Road, Downham Market, Norfolk PE38 9NX4
£439K03/210.62 mi136, Bexwell Road, Downham Market, Norfolk PE38 9LJ4
£405K05/210.66 mi53, Bexwell Road, Downham Market, Norfolk PE38 9LH4
£372.5K08/230.66 mi106, Bexwell Road, Downham Market, Norfolk PE38 9LH4
£485K02/230.66 mi57, Bexwell Road, Downham Market, Norfolk PE38 9LH4
£450K02/230.77 mi52, Howdale Road, Downham Market, Norfolk PE38 9AH4
£404K01/220.79 mi24, Honey Hill, Wimbotsham, King's Lynn, Norfolk PE34 3QD4
£386K06/210.8 mi5, Dovetail Close, Wimbotsham, King's Lynn, Norfolk PE34 3QX4
£298K04/240.87 mi65, West Way, Wimbotsham, King's Lynn, Norfolk PE34 3QB4
£255K02/210.88 mi83, Grimshoe Road, Downham Market, Norfolk PE38 9WF4
£330K06/230.9 mi7, Palomino Drive, Downham Market, Norfolk PE38 9GG4

Local Rents

16 rents from £900/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40007/240.19 miSage Avenue, DOWNHAM MARKET4
£1,50007/240.19 miRosemary Way, Downham Market, Norfolk, PE38 9UB4
£1,00006/240.2 miParsley Way, Downham Market3
£1,20006/240.25 miBasil Drive, DOWNHAM MARKET4
£95008/240.25 miFennel Crescent, Downham Market, Norfolk, PE38 9UR3
£1,60006/240.28 miNutmeg Walk, DOWNHAM MARKET4
£1,65008/240.29 miCoriander Road, DOWNHAM MARKET5
£97506/240.35 miLinseed Walk, Downham Market, PE383
£90008/240.35 miLinseed Walk, Downham Market, PE383
£97506/240.35 miLinseed Walk, DOWNHAM MARKET3
£1,50003/240.37 miCivray Avenue, Downham Market, Norfolk, PE38 9QP4
£92506/240.43 miShelley Close, Downham Market, PE383
£1,10003/240.45 miLandseer Drive, Downham Market, PE38 9NG3
£97506/240.48 miStubbs Close, DOWNHAM MARKET3
£1,00003/240.48 miStubbs Close, Downham Market, Norfolk3
£1,15003/240.57 miHolkham Close, Downham Market, Norfolk, PE38 9TP3

Local Area Statistics

Population in PE38

14,847

Population in Downham Market

14,855

Town centre distance

0.92 miles away

Nearest school

0.40 miles away

Nearest train station

1.17 miles away

 

 

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Price changed to £775,000

March 4, 2025

Listed for £795,000

May 20, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • 6 Bedrooms +
  • 3 En-suites, Bathroom and Cloakroom +
  • Bespoke Oak Garden Room +
  • Open-Plan Kitchen/Diner and Lounge +
  • Study and Utility +
  • 44ft Detached Garage +
  • Air Source Heating, Under Floor Heating and Solar Panels +
  • Council Tax Band - F +
  • EPC - C +

GUIDE PRICE £775,000-£795,000   A HUGELY IMPRESSIVE AND IMPOSING, 6 bedroom detached home positioned on a WONDERFUL PLOT measuring around 0.3 OF AN ACRE IN TOTAL. Boasting almost 3,500 SQUARE FEET OF INTERNAL ACCOMMODATION, the property was originally DESIGNED AND BUILT BY ITS CURRENT OWNERS over a decade ago and has been MAINTAINED TO THE HIGHEST STANDARD EVER SINCE. On the ground floor, the welcoming entrance hall is a large, welcoming area with space enough to act as a reception room in its own right. Leading from here, there are practical areas such as a separate study, utility, and cloakroom whilst to the front, there is a double aspect sitting room measuring 19ft in size. The true hub and heart of the house can be found to the rear where the open-plan kitchen & dining room spans 25ft in size offering granite work-surfaces, modern storage units and a walk-in pantry. Extending to the dining area, there is the an opening to a stunning garden/family room which has been individually designed with solid oak beams, bi-folding doors and a cast-iron stove inset to the fireplace. The majority of the downstairs flooring comprises Italian flagstones heated beneath with underfloor heating. This also warms the first floor where three of the double bedrooms can be found. The largest of these extends to 19ft and also enjoys a walk-in wardrobe and impressive en-suite with freestanding roll-top bath and walk-in shower. On the second floor, there are 3 further double bedrooms, 2 of which have their own en-suite shower rooms bringing the total number of bathrooms available to 4. Outside, there is even more advantages and enjoyable benefits; the level of private parking is quite remarkable and offering a further dimension to it all, the garage extends to almost 45ft in size, built with attic trusses and holding the potential to be converted as a potential annexe (subject to planning permission). There are also plenty of recreational space available within both the side and rear patios and the long area of garden that extends down. From an ecological aspect, a 4 kw solar system and air source heating serves this successful and sizeable family home which also holds the additional advantage of having no onward chain.

Agent Details

Morris Armitage, Downham Market

01366 319999

Next Steps?

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