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Denver Hill, Downham Market, Norfolk, PE38 - Image 1
Denver Hill, Downham Market, Norfolk, PE38 - Image 2
Denver Hill, Downham Market, Norfolk, PE38 - Image 3
Denver Hill, Downham Market, Norfolk, PE38 - Image 4
Denver Hill, Downham Market, Norfolk, PE38 - Image 5

Denver Hill, Downham Market, Norfolk, PE38

East of England

£320,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
850 sqft

Description

This three-bedroom detached bungalow presents a unique opportunity for investors and buyers looking to capitalize on the potential for further enhancement. Located in the desirable area of Downham Market, it boasts proximity to essential amenities, including a mainline station with direct connections to London and Cambridge. While the property has been modernised, the expansive rear garden offers ample scope for creative landscaping or extensions (subject to planning permission), making it an ideal blank canvas for customization. The open-plan kitchen and living area is bathed in natural light, creating a welcoming atmosphere, while each of the bedrooms—including one that could serve as an office—benefit from built-in wardrobes and garden views. The property is equipped with gas central heating, double glazing, and mains services to facilitate comfortable living. This home is offered chain-free, allowing for a smooth transition into a potentially high-value investment.

Investment Analysis

(PE38 area)

Above Market Value

This property is priced +39.8% above area average per sq ft

+39.8%
This Property
£376/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£251,702
10% above area average per sq ft
Potential ROI
-30.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (PE38)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +4.2%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on PE38 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Denver Hill, Downham Market, Norfolk, PE38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,154
Based on a loan of £240,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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