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Broomhill, Downham Market, PE38

East of England

£850,000
Listed on 31/03/2026

Property Details

Bedrooms
4
Type
Detached

Description

This distinctive detached property in Downham Market offers not only a spacious family home but also significant potential for further development, particularly with the presence of an adjacent barn and outbuilding. Set on approximately half an acre, this residence, affectionately maintained by the same family for over 30 years, boasts a modernized kitchen and open-plan garden room that creates a welcoming atmosphere. The traditional layout includes multiple reception areas filled with natural light and large bay windows, alongside practical utilities such as a separate utility room and cloakroom. The upper floors feature four well-proportioned bedrooms, including a master suite with an elegantly updated en-suite bath. The expansive outbuildings currently serve as garages and recreational spaces, offering ample possibilities for conversion into additional living quarters or workspaces, subject to local planning regulations. With its generous gardens providing privacy and space for entertainment, this property presents a unique opportunity to invest in both immediate comfort and future expansion.

Investment Analysis

(PE38 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE38)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.3%
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

Broomhill, Downham Market, PE38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,011
Based on a loan of £637,500 over 30 years at 3.91% 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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