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Revell Road, Downham Market

East of England

£150,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
889 sqft

Description

This detached two-bedroom bungalow presents a significant opportunity for renovation and investment, situated within a well-regarded area of Downham Market. The property, free from any onward chain, boasts a generous plot that offers ample space for improvement and personalisation to meet modern living standards. The layout is flexible and comprises a spacious lounge, kitchen with built-in storage, and a conservatory that overlooks the garden. Each bedroom is comfortably sized and shares a family bathroom. The exterior features a substantial front garden primarily laid to lawn, alongside off-road parking available on the hardstanding driveway leading to the garage. A low-maintenance rear garden adds additional outdoor space. While this bungalow requires comprehensive refurbishment throughout, its excellent location near the town centre and potential for value enhancement makes it an enticing project for those looking to create their ideal home or capitalize on the property market in this sought-after region.

Investment Analysis

(PE38 area)

Below Market Value

This property is priced -37.2% below area average per sq ft

-37.2%
Potential saving
This Property
£169/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£262,811
10% above area average per sq ft
Potential ROI
+31.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (PE38)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +1.1%
5 year growth: +18.6%
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

Revell Road, Downham Market
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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
£541
Based on a loan of £112,500 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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