2 Bed Semi-Detached House, Planning Permission, Downham Market, PE38 9QQ, £175,000





ValuationUndervalued
Sold Prices | £140K - £324K |
Sold Prices/m² | £2.1K/m² - £6.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.6K/m² |
Value Estimate | £207,982£207,982 |
BMV | 19% |
Investment Opportunity
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £43,750£43,750 |
Stamp Duty & Legal Fees | £10,950£10,950 |
Total Cash In | £54,700£54,700 |
| |
Cash Out | |
Rent Range | £650 - £925£650 - £925 |
Rent Estimate | £672 |
Running Costs/mo | £701£701 |
Cashflow/mo | £-29£-29 |
Cashflow/yr | £-351£-351 |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £140K to £324K, average is £201.5K. £2.1K/m² to £6.7K/m², average is £3.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£315K | 08/23 | 0.03 mi | 10, The Firs, Downham Market, Norfolk PE38 9SJ | £4,123 | 76 | 2 | Semi-Detached House | |
£265K | 12/23 | 0.07 mi | 6, Stirling Close, Downham Market, Norfolk PE38 9PZ | - | - | 2 | Detached House | |
£147.5K | 02/21 | 0.12 mi | 21, Lancaster Crescent, Downham Market, Norfolk PE38 9QL | £2,082 | 71 | 2 | Semi-Detached House | |
£190K | 11/22 | 0.12 mi | 40, Lancaster Crescent, Downham Market, Norfolk PE38 9QL | £2,879 | 66 | 2 | Semi-Detached House | |
£187K | 12/21 | 0.15 mi | 79, Lynn Road, Downham Market, Norfolk PE38 9QE | - | - | 2 | Terraced House | |
£166K | 12/20 | 0.21 mi | 12, Keats Close, Downham Market, Norfolk PE38 9TT | £2,862 | 58 | 2 | Terraced House | |
£165K | 11/20 | 0.21 mi | 11, Keats Close, Downham Market, Norfolk PE38 9TT | £2,845 | 58 | 2 | Semi-Detached House | |
£190K | 04/23 | 0.23 mi | 10, Coriander Road, Downham Market, Norfolk PE38 9WB | £3,220 | 59 | 2 | Terraced House | |
£170K | 10/22 | 0.24 mi | 1, Saffron Close, Downham Market, Norfolk PE38 9UP | £2,982 | 57 | 2 | Terraced House | |
£222K | 01/24 | 0.24 mi | 50, Kingfisher Road, Downham Market, Norfolk PE38 9RQ | - | - | 2 | Bungalow | |
£196.5K | 03/21 | 0.24 mi | 31, Kingfisher Road, Downham Market, Norfolk PE38 9RQ | £3,509 | 56 | 2 | Semi-Detached House | |
£220K | 12/22 | 0.24 mi | 27, Kingfisher Road, Downham Market, Norfolk PE38 9RQ | - | - | 2 | Semi-Detached House | |
£140K | 07/23 | 0.25 mi | 86, Lynn Road, Downham Market, Norfolk PE38 9NR | £2,692 | 52 | 2 | Semi-Detached House | |
£172K | 10/22 | 0.25 mi | 10, Saffron Close, Downham Market, Norfolk PE38 9UP | - | - | 2 | Semi-Detached House | |
£225K | 03/21 | 0.27 mi | 7, Cock Drove, Downham Market, Norfolk PE38 9NS | £2,744 | 82 | 2 | Detached House | |
£324K | 09/23 | 0.27 mi | 7, Cock Drove, Downham Market, Norfolk PE38 9NS | £3,951 | 82 | 2 | Detached House | |
£210K | 08/22 | 0.3 mi | 94, Rosemary Way, Downham Market, Norfolk PE38 9UQ | - | - | 2 | Terraced House | |
£185K | 05/21 | 0.31 mi | 3, Goldfinch Close, Downham Market, Norfolk PE38 9RH | £3,364 | 55 | 2 | Semi-Detached House | |
£225K | 04/21 | 0.31 mi | 9, Goldfinch Close, Downham Market, Norfolk PE38 9RH | £3,750 | 60 | 2 | Detached House | |
£155K | 08/22 | 0.31 mi | 33, Bexwell Road, Downham Market, Norfolk PE38 9LH | £2,634 | 59 | 2 | Terraced House | |
£185K | 11/23 | 0.31 mi | 76, Bexwell Road, Downham Market, Norfolk PE38 9LH | £3,304 | 56 | 2 | Semi-Detached House | |
£275K | 04/23 | 0.33 mi | 27, Guiltcross Way, Downham Market, Norfolk PE38 9RE | £4,231 | 65 | 2 | Detached House | |
£142K | 08/21 | 0.33 mi | 44c, Lynn Road, Downham Market, Norfolk PE38 9NN | £2,536 | 56 | 2 | Terraced House | |
£222K | 12/22 | 0.34 mi | 27, Sandringham Drive, Downham Market, Norfolk PE38 9NF | £3,700 | 60 | 2 | Semi-Detached House | |
£225K | 08/22 | 0.34 mi | 19, Sandringham Drive, Downham Market, Norfolk PE38 9NF | - | - | 2 | Semi-Detached House | |
£215K | 11/21 | 0.35 mi | 98, Wimbotsham Road, Downham Market, Norfolk PE38 9QB | - | - | 2 | Detached House | |
£200K | 03/21 | 0.35 mi | 92, Wimbotsham Road, Downham Market, Norfolk PE38 9QB | - | - | 2 | Semi-Detached House | |
£208.5K | 07/21 | 0.35 mi | 75, Wimbotsham Road, Downham Market, Norfolk PE38 9QB | £3,258 | 64 | 2 | Detached House | |
£225K | 04/21 | 0.35 mi | 109, Wimbotsham Road, Downham Market, Norfolk PE38 9QB | £3,750 | 60 | 2 | Detached House | |
£215K | 08/23 | 0.35 mi | 26, Launditch Crescent, Downham Market, Norfolk PE38 9RB | £4,249 | 51 | 2 | Semi-Detached House | |
£172.5K | 03/23 | 0.35 mi | 2, Launditch Crescent, Downham Market, Norfolk PE38 9RB | £3,255 | 53 | 2 | Terraced House | |
£220K | 07/21 | 0.38 mi | 6, Heron Close, Downham Market, Norfolk PE38 9QD | £3,667 | 60 | 2 | Detached House | |
£198K | 11/22 | 0.38 mi | 21, Lynn Road, Downham Market, Norfolk PE38 9NJ | £2,750 | 72 | 2 | Terraced House | |
£160K | 02/21 | 0.39 mi | 4, Rembrandt Court, Downham Market, Norfolk PE38 9LD | - | - | 2 | Terraced House | |
£189K | 05/21 | 0.4 mi | 1, St Edmunds Terrace, Downham Market, Norfolk PE38 9LR | £3,000 | 63 | 2 | Terraced House | |
£182K | 04/21 | 0.4 mi | 2, St Edmunds Terrace, Downham Market, Norfolk PE38 9LR | £2,844 | 64 | 2 | Terraced House | |
£190K | 09/21 | 0.42 mi | 27, Wimbotsham Road, Downham Market, Norfolk PE38 9PE | - | - | 2 | Semi-Detached House | |
£203K | 01/21 | 0.42 mi | 20, Wimbotsham Road, Downham Market, Norfolk PE38 9PE | £2,900 | 70 | 2 | Semi-Detached House | |
£270K | 10/23 | 0.43 mi | 96, Howdale Road, Downham Market, Norfolk PE38 9AH | - | - | 2 | Detached House | |
£210K | 12/20 | 0.45 mi | 16, Gallow Drive, Downham Market, Norfolk PE38 9RD | £2,877 | 73 | 2 | Detached House | |
£227.5K | 06/21 | 0.45 mi | 7, Gallow Drive, Downham Market, Norfolk PE38 9RD | £3,250 | 70 | 2 | Detached House | |
£286K | 11/23 | 0.45 mi | 28, Gallow Drive, Downham Market, Norfolk PE38 9RD | £3,729 | 77 | 2 | Detached House | |
£217.5K | 01/21 | 0.45 mi | 1, Stonecross Road, Downham Market, Norfolk PE38 9LS | £3,107 | 70 | 2 | Detached House | |
£200K | 05/21 | 0.46 mi | 9, Grimshoe Road, Downham Market, Norfolk PE38 9RA | £2,632 | 76 | 2 | Detached House | |
£190K | 06/21 | 0.46 mi | 34, Grimshoe Road, Downham Market, Norfolk PE38 9RA | - | - | 2 | Detached House | |
£221K | 02/21 | 0.48 mi | 6, Rouses Lane, Downham Market, Norfolk PE38 9AN | £2,540 | 87 | 2 | Detached House | |
£240K | 08/23 | 0.49 mi | 3, Paradise Road, Downham Market, Norfolk PE38 9HS | £6,667 | 36 | 2 | Terraced House | |
£143K | 09/21 | 0.49 mi | 40b, Paradise Road, Downham Market, Norfolk PE38 9HS | £2,483 | 58 | 2 | Semi-Detached House | |
£153.5K | 03/21 | 0.49 mi | 38, Paradise Road, Downham Market, Norfolk PE38 9HS | £2,476 | 62 | 2 | Terraced House | |
£265K | 07/23 | 0.5 mi | 2, Wayland Walk, Downham Market, Norfolk PE38 9TE | - | - | 2 | Detached House |
Local Rents
21 rents from £650/mo to £925/mo, average is £775/mo.
Rent | Date | Distance | Address | Beds | Type | |
£800 | 04/25 | 0.22 mi | - | 2 | Flat | |
£775 | 07/24 | 0.23 mi | Coriander Road, Downham Market, PE38 | 2 | Terraced House | |
£825 | 06/24 | 0.23 mi | Coriander Road, DOWNHAM MARKET | 2 | Terraced House | |
£825 | 06/24 | 0.23 mi | Brock Mews, DOWNHAM MARKET | 2 | Terraced House | |
£700 | 07/24 | 0.24 mi | Lynn Road, Downham Market, PE38 | 2 | Terraced House | |
£700 | 08/24 | 0.24 mi | - | 2 | Terraced House | |
£800 | 06/24 | 0.35 mi | Launditch Crescent, Downham Market, PE38 9RB | 2 | Flat | |
£825 | 08/24 | 0.37 mi | Bexwell Road, DOWNHAM MARKET | 2 | Flat | |
£795 | 06/24 | 0.37 mi | - | 2 | Terraced House | |
£917 | 07/24 | 0.4 mi | St. Edmunds Terrace | 2 | Bungalow | |
£675 | 06/24 | 0.42 mi | High Street, Downham Market, PE38 | 2 | Flat | |
£925 | 06/24 | 0.45 mi | Gallow Drive, DOWNHAM MARKET | 2 | Bungalow | |
£700 | 07/24 | 0.47 mi | High Street, Downham Market, PE38 | 2 | Flat | |
£700 | 07/24 | 0.48 mi | High Street, Downham Market, PE38 | 2 | Flat | |
£750 | 07/24 | 0.49 mi | Paradise Road, Downham Market, PE38 9HS | 2 | Semi-Detached House | |
£800 | 03/24 | 0.5 mi | Paradise Mews, Downham Market | 2 | Terraced House | |
£750 | 06/24 | 0.52 mi | Crown Courtyard Downham Market | 2 | Flat | |
£730 | 06/24 | 0.52 mi | Crown Courtyard, Paradise Road, Downham Market, Norfolk, PE38 9HT | 2 | Flat | |
£700 | 07/24 | 0.54 mi | Howdale Road, Downham Market, PE38 | 2 | Flat | |
£650 | 06/24 | 0.54 mi | High Street, Downham Market, Norfolk | 2 | Flat | |
£850 | 06/24 | 0.58 mi | - | 2 | Detached House |
Local Area Statistics
Population in PE38 | 14,84714,847 |
Population in Downham Market | 14,85514,855 |
Town centre distance | 0.56 miles away0.56 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.85 miles away0.85 miles away |
| |
Rental growth (12m) | -14%-14% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +25%+25% |
Property History
Price changed to £175,000
April 5, 2025
Listed for £180,000
January 3, 2025
Floor Plans

Description
- Two bedroom semi-detached house +
- Off-road parking for 4 - 5 cars +
- Rear garden +
- Walking distance to town centre +
- Short distance to mainline train station +
- Close to local schools +
SUMMARY
Attention first time buyers & investors! A two bedroom semi-detached house located within walking distance to Downham Market town centre. The property offers a lounge/diner, kitchen, comfortable bedrooms & bathroom, plus high-levels of off-road parking & rear garden.
DESCRIPTION
Located just a short walk from Downham Market town centre & the wide range of shops, restaurants, supermarkets & amenities it has to offer, lies this two bedroom semi-detached house. This property is ideal for first time buyers & investors alike, and due to its good-sized plot, offers the potential to be extended (subject to the correct planning permission being granted).
Inside, the property benefits from a lounge/diner, kitchen, two comfortable bedrooms & bathroom. Outside, a gravelled driveway to the front of the property provides off-road parking for 4 - 5 cars & leads to the garage/store room. The low-maintenance rear garden is fully enclosed & is partially laid to lawn, alongside a patio area & outside tap.
Accommodation:
Double-glazed entrance door to:
Entrance Hall
Door to the front. Radiator. Stairs leading to the first floor landing.
Lounge / Diner 16' 7" x 10' 4" plus bay window ( 5.05m x 3.15m plus bay window )
Double-glazed bay window to the front. Fireplace housing gas fire. Radiator. Space for dining table & chairs.
Kitchen 10' 4" x 9' 5" ( 3.15m x 2.87m )
This fitted kitchen includes both wall & base units with work surfaces over, as well as a one and a half bowl sink & drainer unit. There is also space for a fridge/freezer and space & plumbing for a washing machine. Double-glazed window to the rear.
First Floor Landing
Stairs from the entrance hall. Airing cupboard. Loft access. Double-glazed windows to the side & rear.
Bedroom One 13' 7" x 8' 3" ( 4.14m x 2.51m )
Double-glazed window to the rear. Radiator. Built-in wardrobes.
Bedroom Two 10' 3" x 10' 5" ( 3.12m x 3.17m )
Double-glazed window to the front. Radiator.
Bathroom
Fitted with WC, wash hand basin & bath with shower over. Radiator. Double-glazed window to the side.
Outside
To the front of the property, a gravelled driveway provides off-road parking for 4 - 5 cars & leads to the garage/store room. The low-maintenance rear garden is fully enclosed & is partially laid to lawn, alongside a patio area & outside tap.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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