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59 Paradise Road, Downham Market, Norfolk PE38 9JF - Image 1
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59 Paradise Road, Downham Market, Norfolk PE38 9JF - Image 3
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59 Paradise Road, Downham Market, Norfolk PE38 9JF

East of England

£120,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
802 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for renovation enthusiasts and investors seeking a project in the heart of Downham Market. Positioned conveniently close to key amenities and the mainline train station to London King's Cross, this property is ideal for those looking to enhance its potential value. The ground floor comprises a lounge, dining room, kitchen, and WC, while the first floor hosts three bedrooms and a bathroom. Both front and rear gardens offer additional outdoor space that can be transformed into appealing landscapes. While some modernisation and remedial work are necessary, no formal survey has been conducted, allowing potential buyers to explore their own vision for improvement. This property will appeal particularly to cash buyers focused on investment opportunities.

Investment Analysis

(PE38 area)

Below Market Value

This property is priced -44.8% below area average per sq ft

-44.8%
Potential saving
This Property
£150/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£239,253
10% above area average per sq ft
Potential ROI
+59.5%
After renovation
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

59 Paradise Road, Downham Market, Norfolk PE38 9JF
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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
£428
Based on a loan of £90,000 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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