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Hall Close, Southery, Downham Market, PE38 - Image 1
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Hall Close, Southery, Downham Market, PE38 - Image 8
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Hall Close, Southery, Downham Market, PE38

East Midlands

£160,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached house presents an intriguing opportunity for renovation and investment in the village of Southery. Featuring three bedrooms and a well-proportioned layout, the property has substantial potential to be transformed into a modern family home or rental asset. The ground floor comprises a fitted kitchen that opens to a dining area, both of which could benefit from updating to enhance usability and aesthetics. The living room is spacious and boasts dual aspect windows, ensuring plenty of natural light throughout the day. A downstairs bathroom adds convenience for family living or guest accommodation. Upstairs, you will find three bedrooms, each with ample dimensions and double-glazed windows, providing an excellent foundation for personalization or upgrading. The layout allows for flexibility in design, whether it’s reconfiguring spaces or enhancing the existing features. Outside, the generous garden primarily consists of lawn space and includes a storage shed and a patio area, perfect for outdoor gatherings once refreshed. The front offers additional parking options with a gravelled surface complemented by a landscaped area. Location-wise, Southery is well-placed for those seeking a peaceful village environment while maintaining access to nearby amenities. The property is ripe for modernization, allowing prospective buyers to inject their own style and value into the home. Whether for personal residence or as an investment venture, this property holds significant promise with its achievable potential after refurbishment. Viewing is essential to appreciate all it has to offer.

Investment Analysis

(PE38 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Monthly Sales
9
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PE38)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 4.9%
5 year growth: 21.4%
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

Hall Close, Southery, Downham Market, PE38
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