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Churchill Way, Downham Market

East of England

£270,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1227 sqft

Description

This detached bungalow offers three spacious bedrooms, making it an ideal option for families or those looking for extra space. The lounge benefits from dual aspect windows, ensuring natural light fills the room, while the adjoining conservatory provides a welcoming spot to enjoy the garden views throughout the seasons. The fitted kitchen includes a range of Beech-colored wall and base units and features ample space for essential appliances, along with a pantry for additional storage. The family bathroom is functional, featuring tiled floors and part-tiled walls, while each bedroom is well-sized, providing potential for personalization or reconfiguration according to your needs. Situated on a generous plot, the outdoor space includes a mainly lawned rear garden that presents significant opportunities for landscaping or outdoor activities. There is also a shed for storage and direct access to the garage, adding utility to the property. The front of the property allows parking for one vehicle and features a raised grassed bed that could be enhanced with plantings or decorative features. While this bungalow is in good condition, there is considerable potential for renovation. Updating certain elements could greatly increase its value and offer you the chance to tailor it to your personal style. Its desirable location further enhances its investment appeal, providing easy access to local amenities and transport links. This property represents an opportunity not just as a home but as a canvas ready for your vision—perfect for buyers seeking potential in both living space and value enhancement.

Investment Analysis

(PE38 area)

Below Market Value

This property is priced -17.9% below area average per sq ft

-17.9%
Potential saving
This Property
£220/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£361,652
10% above area average per sq ft
Potential ROI
+16.7%
After renovation
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

Churchill Way, 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
£989
Based on a loan of £202,500 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