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Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38 - Image 1
Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38 - Image 2
Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38 - Image 3
Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38 - Image 4
Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38 - Image 5

Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38

East Midlands

£135,000
Listed on 14/08/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This substantial plot, approximately 0.24 acres (subject to measured survey), presents an excellent opportunity for developers or individuals looking to build their dream home. With full planning permission already in place for a generous two-storey detached house, complete with a carport or garage, the site is primed for construction. Nestled in a tranquil rural village, the property benefits from convenient access to transport links along the A10, making it ideal for those who appreciate the balance between countryside living and urban connectivity. The approved plans detail spacious living accommodations of around 128 square meters (subject to measured survey), providing ample space for modern family living. The proposed design includes three bedrooms, along with a study that could serve as a fourth bedroom, allowing potential buyers to tailor the layout to their needs. This flexibility enhances the property's appeal as either a long-term family residence or an investment opportunity. For those interested in further details regarding the planning approval, reference number 22/02138/F can be accessed through the Kings Lynn and West Norfolk planning portal or requested directly from the agent. Additionally, a Topographical Survey has been completed for the land, which can aid in any future development considerations. The property is offered on a freehold basis, allowing new owners complete control over its use and development. Given its size and potential for custom development in this desirable location, this plot represents a noteworthy proposition for discerning investors and builders alike.

Investment Analysis

(PE38 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£13,500 - £33,750
10-25% of property value
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE38)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 7.3%
5 year growth: 21.9%
Investment Disclaimer: Analysis based on PE38 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38
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