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Churchill Way, DOWNHAM MARKET

East of England

£200,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1298 sqft

Description

This three-bedroom detached bungalow presents a significant renovation project, situated on a generously sized plot in a well-regarded area of Downham Market. Located within easy walking distance to local shops and amenities, this property offers an ideal opportunity for investors or those looking to create their dream home. The bungalow features spacious living areas, including a lounge with a feature fireplace and a conservatory that overlooks the expansive enclosed garden, perfect for outdoor enhancements. Each of the three bedrooms is sizable and the family bathroom provides essential facilities. The property also includes driveway parking and a garage, adding to its appeal. With no onward chain, this is an excellent chance to purchase a property with considerable potential for personalisation and value addition through thoughtful renovations.

Investment Analysis

(PE38 area)

Below Market Value

This property is priced -42.7% below area average per sq ft

-42.7%
Potential saving
This Property
£154/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£383,721
10% above area average per sq ft
Potential ROI
+59.9%
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

Churchill Way, 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
£721
Based on a loan of £150,000 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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