Fairfield Road, Downham Market, Norfolk, PE38
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Fairfield Road, Downham Market, Norfolk, PE38

By Abbotts

£ 125,000

Reviews

2 out of 5 stars

Abbotts says ..

Calling all investors, Selling with a tenant in situ. Welcome to this two bedroom ground floor apartment. On entering the property, you walk into the lounge / kitchen. The fully fitted kitchen has a range of wall mounted and base fitted units, an integrated cooker and sink. ...

Property Oracle says ..

This two-bedroom ground floor apartment in Downham Market, Norfolk, is listed at £125,000. The property’s key selling points include its proximity to the town centre and the train station, offering convenient access to local amenities and transportation links. The apartment features an open-plan kitchen/dining/living area, two bedrooms and a bathroom. Photos reveal a functional, if somewhat sparsely furnished, interior. The kitchen and bathroom are reasonably well-maintained and include essential appliances. While the apartment benefits from a small external patio space, it does not boast extensive garden or outdoor space. The absence of precise square footage information for nearby comparable listings makes an exact price per square foot comparison challenging. However, based on available data, the asking price seems relatively reasonable for a two-bedroom apartment in this location. The property’s condition is good, but minor updates would enhance its appeal to potential buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
554.34

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
130,269.90 £
Decreased by 37.50 %
from 208,431.84 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
554.34 £/mo
Unchanged by 0.00 %
from 554.34 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre1.02 KM
Nelson AcademyAcademy Sponsor LedGood1.09 KM
Downham Market AcademyAcademy Sponsor Led2.59 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood2.62 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood3.02 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Maltings Lane £ 000.00 KM
Sovereign Way £ 000.00 KM
Elm Close £ 000.00 KM
Old Maltings Way £ 142,50000.00 KM
Town Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW0.12 KM
Watlington7057WTG7.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fairfield Road, Downham Market £ 125,000BUY5 / 100.00 KM
Fairfield Road, Downham Market, Norfolk, PE38 £ 125,000BUY5 / 100.00 KM
Fairfield Road, Downham Market, Norfolk, PE38 £ 130,000BUY6 / 100.00 KM
Railway Mews, Fairfield Road, Downham Market £ 285,000BUY7 / 100.06 KM
Bennett Street, Downham Market, PE38 £ 175,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
The Cottage £ 240,0000.08 KM
3 Fairfield Road £ 82,5000.08 KM
9 Bennett Street £ 26,0000.22 KM
32 Bennett Street £ 62,5000.22 KM
40 Bennett Street £ 45,0000.22 KM