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Revell Road, Downham Market, PE38

East of England

£215,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

Nestled in a desirable spot within Downham Market, this detached two-bedroom bungalow offers a prime opportunity for renovation enthusiasts or those looking to invest in a property with potential. The home includes spacious living areas and benefits from essential features such as gas central heating and double-glazing. A garage, carport, and driveway provide ample parking solutions, while the enclosed rear garden adds functional outdoor space. Available with no onward chain, this property is poised for a quick purchase. Upon entry, the kitchen/dining room greets you with its practical layout—ideal for reimagining into a contemporary cooking and dining space that seamlessly connects to the garden. The well-lit reception room enhances the home's airy feel with patio doors leading outdoors. Two generously sized bedrooms and a bathroom awaiting modernization offer significant scope for personalization, allowing future owners to curate their dream spaces. Although the bungalow requires refurbishment throughout, it stands as an exciting project for those eager to imprint their style on a home situated in an attractive location.

Investment Analysis

(PE38 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Heavy 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
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, PE38
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Mortgage Calculator

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£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£775
Based on a loan of £161,250 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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