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Brickfields Lane, Downham Market, PE38 - Image 1
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Brickfields Lane, Downham Market, PE38

East of England

£180,000
Listed on 15/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This parcel of land offers an exciting development opportunity on the outskirts of town, complete with full planning permission for the construction of two semi-detached homes. Designed with a self-build approach, each dwelling will feature three bedrooms spread across three levels, allowing for spacious living and ample natural light. The development will also include designated private parking and generous garden spaces, enhancing both privacy and outdoor enjoyment. Note that the project will be subject to a Community Infrastructure Levy (CIL), so interested buyers should consult with the local council regarding potential exemptions. This property holds considerable investment potential for those looking to create tailored housing solutions in a desirable area.

Investment Analysis

(PE38 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Brickfields Lane, Downham Market, PE38
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 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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