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Collingwood Road, Downham Market, PE38 - Image 1
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Collingwood Road, Downham Market, PE38

East of England

£175,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced bungalow presents a promising opportunity for renovation enthusiasts or investors looking to enhance its value. Featuring allocated parking for two vehicles, the property offers a practical layout with an entrance hall leading to a spacious lounge, which accesses a bright conservatory at the rear. The kitchen is situated at the front and provides space for modern appliances, while both bedrooms are conveniently positioned alongside a shower room. The enclosed low-maintenance rear garden, primarily composed of patio and shingle, allows for easy upkeep. Although the property would benefit from some updating, its solid structure and location near local amenities and transport links make it an attractive candidate for refurbishment. With mains gas central heating and drainage already in place, you can focus on modernising interiors to unlock its full potential.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Collingwood Road, 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
£631
Based on a loan of £131,250 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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