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Nightingale Lane, Downham Market

East of England

£160,000
Listed on 26/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious plot, measuring 70 feet by 88 feet, offers an excellent opportunity for those looking to invest in a self-build project. With full planning permission already secured for a three-bedroom residential dwelling, the potential here is significant. The architectural plans provided serve as a guideline and can be adjusted based on your vision (subject to planning approval), allowing for customization to fit your specific needs. The site is adorned with several mature trees that not only enhance the natural beauty of the landscape but also create a sense of privacy and established greenspace. This feature adds charm to the property while offering an inviting environment for future residents. Situated within walking distance to a vibrant town center, this location benefits from easy access to a wide range of amenities, including restaurants, shops, and leisure facilities. Downham Market is known for its strong community spirit and offers essential services such as pre-school facilities, primary schools, Downham Market Academy, and the Athena Sixth Form Centre. Additionally, healthcare services like doctors’ surgeries and dentists are conveniently located nearby. As a growing town, Downham Market provides excellent transport links with direct rail connections to Ely and Cambridge (approximately 41 minutes) as well as London King's Cross (around 1 hour and 35 minutes). This accessibility makes it an attractive option for both residents commuting to larger cities and investors seeking rental opportunities. For those considering developing this plot, it is important to note that the surrounding trees—comprising Pine, Birch, Sycamore, and Hornbeam—are protected by a tree preservation order. The plot is located at the end of an unmade track; therefore, prospective builds will need to include provisions for a private drainage system. The planning reference number with the Borough Council of Kings Lynn and West Norfolk is 24/00523/F (alternative reference PP-12908893) for further inquiries regarding regulations or modifications.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
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

Nightingale Lane, Downham Market
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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