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Grimshoe Road, Downham Market

East of England

£239,995

Listed on 14/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
890 sqft

Description

Nestled in a quiet cul-de-sac and just a stone's throw from the vibrant centre of Downham Market, this spacious two-bedroom detached bungalow presents an incredible opportunity for those looking to imprint their personal style. While the home is ready for immediate enjoyment, it also offers significant potential for renovation and customization, ideal for investors or DIY enthusiasts alike. As you approach, the property greets you with a sense of seclusion, featuring a generous driveway alongside a detached garage surrounded by mature landscaping. Inside, you'll find an inviting entrance hall that leads to a dual-aspect living room bathed in natural light—a perfect space for relaxation or hosting gatherings. The kitchen already has some initial work completed, offering the next owner a chance to either finish this vision or completely transform it according to their tastes. This flexibility represents a rare opportunity to design your dream kitchen without starting from scratch. The two well-sized double bedrooms provide ample accommodation options for residents and guests, while the modern shower room stands ready for use from day one. Outside, the expansive rear garden is an unexpected delight—private and full of potential. Whether your aim is to cultivate a charming garden retreat or create an open green space for leisure activities, this area can evolve as your vision unfolds. With practical features like off-road parking and a detached garage enhancing everyday convenience, this property allows you to appreciate its generous layout at your own pace. The foundations are set; now it's time for someone to make it truly theirs.

Investment analysis

(PE38 area)

Above Market Value

This property is priced +0.3% above area average per sq ft

+0.3%
This Property
£270/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£263,302
10% above area average per sq ft
Potential ROI
-4.3%
After renovation
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
9%
Properties sold annually

Local Market Trend (PE38)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -5.0%
5 year growth: +7.3%
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

Grimshoe Road, Downham Market
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £179,996 over 30 years at 4.45% 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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