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Railway Road, Downham Market, Norfolk, PE38 9EL - Image 1
Railway Road, Downham Market, Norfolk, PE38 9EL - Image 2
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Railway Road, Downham Market, Norfolk, PE38 9EL

East of England

£210,000
Listed on 12/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This charming two-bedroom cottage, nestled in the heart of Downham Market, boasts a characterful Carstone exterior. Positioned conveniently near the town centre and mainline train services to London and Cambridge, this property presents an excellent opportunity for investors or first-time buyers looking to create their ideal home. The ground floor features a spacious lounge that leads into a dining area, with stairs ascending to the first floor. The kitchen offers ample work surfaces and space for appliances, while an additional reception room at the rear can be adapted for various uses. The well-proportioned bathroom is equipped with a three-piece suite. Upstairs, you'll find two double bedrooms, with the master bedroom generously spanning the width of the cottage. Outside, a delightful garden with a patio seating area awaits your personal touch, along with a timber garage and parking space for two vehicles at the front. With mains electricity, drainage, water supply, gas central heating, and double glazing already in place, this property is ready for modernization while retaining its unique charm.

Investment Analysis

(PE38 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.1%

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
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE38)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -3.8%
5 year growth: +11.8%
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

Railway Road, Downham Market, Norfolk, PE38 9EL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£749
Based on a loan of £157,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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