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Revell Road, Downham Market, PE38 - Image 1
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Revell Road, Downham Market, PE38

East of England

£280,000
Listed on 11/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow is situated in a well-regarded development within Downham Market, offering significant renovation and investment potential. While the property currently benefits from a solid structure, it would greatly improve with modern updates, allowing new owners to tailor the space to their liking. Inside, the entryway welcomes you with a spacious hall leading to various living areas. The lounge, located at the front of the home, features a charming bay window that fills the room with natural light and is complemented by a central fireplace—a perfect starting point for any redesign. Adjacent to this is the kitchen/diner, which opens into a versatile garden room, providing direct access to the outdoor space. This arrangement offers multiple options for reconfiguration or expansion in line with contemporary living trends. The layout includes three generously sized bedrooms that could serve as comfortable retreats or be repurposed into home offices or guest rooms depending on your needs. A newly fitted shower room adds convenience and reflects some of the property's potential for further enhancement. Outside, both front and rear gardens are primarily laid to lawn and bordered by mature shrubs—an ideal canvas for landscaping or even an extension (subject to planning permission). The private driveway provides essential off-road parking and leads to a garage with a personal door accessing the garden. The location boasts proximity to local amenities and excellent transport links via Downham Market’s train station, which connects directly to London Kings Cross via Cambridge. This accessibility not only enhances daily commuting but also elevates the property’s attractiveness as an investment opportunity in an area poised for growth. With its blend of functionality and potential for modernization, this bungalow presents an appealing prospect for those looking to create their ideal living space while benefiting from future value appreciation.

Investment Analysis

(PE38 area)
Area Average
£268/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE38)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 5.9%
5 year growth: 22.2%
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

Revell Road, Downham Market, PE38
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE