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Hillcrest, Downham Market, PE38

East of England

£285,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached chalet-style residence, available without any onward chain, presents an appealing opportunity for investors or homeowners eager to modernize. The property features a flexible layout with two to three bedrooms and two separate reception areas that invite creative redesign for various lifestyles. A fitted kitchen and a disability-friendly bath/shower room equipped with a stair lift offer practical amenities, while the benefits of gas central heating and double glazing improve comfort. Outside, the property boasts a brick weave driveway for off-road parking and leads to a spacious 21ft garage with an electric door. For additional storage needs, there are two brick-built sheds ideal for garden tools or equipment. The enclosed rear garden provides a private area that has substantial potential for landscaping or other enhancements. Located in the sought-after market town of Downham Market, residents can enjoy proximity to numerous amenities including shops, schools, and leisure facilities, as well as excellent transport links via the mainline railway station. This property is an excellent choice for those looking to invest in a home they can personalize in a desirable location.

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

Hillcrest, Downham Market, PE38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,028
Based on a loan of £213,750 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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