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Downham Road, Watlington, King's Lynn

East of England

£160,000
Listed on 02/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
857 sqft

Description

This three-bedroom end terrace property offers a promising canvas for those looking to invest in home improvement or add value through renovations. While the house requires some updates, it features spacious living areas, including two generously-sized reception rooms, a functional kitchen, and a separate bathroom and WC. The first floor hosts three well-proportioned bedrooms, providing ample space for family living. Notably, the location boasts side access and fully enclosed front and rear gardens, which enhance privacy and outdoor usability. An external studio constructed from strawbale and clay adds unique potential for office space or creative pursuits. Conveniently located near local amenities, schools, and transport links including a nearby train station, this property is ideally suited for families or investors with an eye for potential growth.

Investment Analysis

(PE33 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£187/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£250,475
10% above area average per sq ft
Potential ROI
+25.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +5.1% over the last 12 months
3 year growth: -6.7%
5 year growth: +14.2%
Investment Disclaimer: Analysis based on PE33 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

Downham Road, Watlington, King's Lynn
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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
£577
Based on a loan of £120,000 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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