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Hills Court, Hilgay, Downham Market PE38 - Image 1
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Hills Court, Hilgay, Downham Market PE38

East of England

£200,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
977 sqft

Description

This three-bedroom semi-detached home presents a valuable opportunity for those looking to invest or first-time buyers eager to make their mark. Set on a spacious plot in the village of Hilgay, this property is ideally located within easy reach of Downham Market, offering various amenities including shops, schools, and excellent transport links to major cities such as London and Cambridge. The interior layout features a generous lounge perfect for family living, alongside a kitchen that could benefit from modernization and personal touches. The upper level includes three well-sized bedrooms complemented by a family bathroom, all waiting for new owners to enhance their appeal. Externally, the property boasts off-road parking and a garage, with the front garden primarily laid to lawn. The sizeable rear garden is fully enclosed and holds great potential for landscaping or outdoor activities, ideal for creating an attractive outdoor space. With no onward chain and in need of modern updates, this home offers the perfect canvas for renovation enthusiasts keen to inject their style into a desirable village setting.

Investment Analysis

(PE38 area)

Below Market Value

This property is priced -23.8% below area average per sq ft

-23.8%
Potential saving
This Property
£205/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£288,826
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (PE38)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +1.1%
5 year growth: +18.6%
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

Hills Court, Hilgay, Downham Market PE38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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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