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Howdale Rise, Downham Market

East of England

£220,000
Listed on 21/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow, situated in a tranquil cul-de-sac on the desirable Howdale Rise, offers an exceptional opportunity for those looking to invest in a property with renovation potential. The home provides spacious living areas, including a generously sized lounge/diner that benefits from natural light and French doors opening to the rear garden—ideal for creating an inviting indoor-outdoor flow. Both double bedrooms feature built-in wardrobes, while the well-equipped kitchen has ample worktop space and room to accommodate a dining area. Although the property requires some modernisation, it boasts low-maintenance features throughout. The family bathroom is functional but could benefit from updating. The exterior showcases lovely gardens both front and back, with the rear space offering a mix of lawn, patio, and raised decking—perfect for enhancing outdoor living. Located within walking distance to Downham Market's amenities and mainline train station with services to major cities like Ely and London King’s Cross, this bungalow presents a fantastic canvas for renovation enthusiasts looking to put their own stamp on it.

Investment Analysis

(PE38 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£222
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
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

Howdale Rise, Downham Market
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 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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