Rampant Horse Lane, Downham Market, PE38
MO

Rampant Horse Lane, Downham Market, PE38

By Morris Armitage

£ 95,000

Reviews

2 out of 5 stars

Morris Armitage says ..

*NO ONWARD CHAIN* Ideal investment for a cash buyer for this one bedroom town centre flat with a tenant in situ. The accommodation includes lounge, kitchen, double sized bedroom and a shower room. Externally there is an allocated parking space for one vehicle. Located with great access to the ...

Property Oracle says ..

This one-bedroom flat located on Rampant Horse Lane in Downham Market, Norfolk, is listed at £95,000. The property offers a modern kitchen and bathroom as shown in the pictures. The living space is compact and the inclusion of a small deck is worth noting. The location is advantageous, being near Downham Market railway station, which improves its accessibility and appeal. The proximity to schools is also a positive for families or investors interested in renting to families. However, the immediate area shown in the photos lacks curb appeal and the photos reveal the interior to be somewhat cluttered, indicating the need for some tidying up before it will be optimally appealing to prospective buyers. The lack of outdoor space beyond the small deck is a limitation. The price appears competitive within the context of similar properties in the area. Overall, the property presents a reasonable opportunity for first-time buyers or investors seeking a central location but potential buyers should keep in mind the small outdoor space and undertake further inspection to evaluate the property’s condition in more detail.

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
1
Bedrooms
1
Bathrooms
1
Sqft (est)
393.42

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
92,453.70 £
Decreased by 37.50 %
from 147,925.92 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
393.42 £/mo
Unchanged by 0.00 %
from 393.42 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
86.00 %
Unchanged by 0.00 %
from 86.00 %

Agent Activity

  • Morris Armitage created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre0.47 KM
Nelson AcademyAcademy Sponsor LedGood0.61 KM
Downham Market AcademyAcademy Sponsor Led1.18 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.50 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood1.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rampant Horse Lane £ 103,50000.00 KM
Town Square £ 000.00 KM
Old Maltings Way £ 142,50000.00 KM
Ryston End £ 000.00 KM
Oakfield Close £ 245,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW1.40 KM
Watlington7057WTG7.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rampant Horse Lane, Downham Market, PE38 £ 95,000BUY5 / 100.00 KM
High Street, Downham Market, Downham Market, PE38 £ 118,000BUY5 / 100.04 KM
High Street, Downham Market, Norfolk, PE38 £ 110,000BUY6 / 100.05 KM
High Street, Downham Market £ 103,995BUY5 / 100.08 KM
Playhouse Yard, Downham Market, PE38 £ 240,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
7 London Road £ 21,0000.04 KM
3 London Road £ 95,0000.04 KM
11a High Street £ 109,9950.05 KM
3a High Street £ 142,0000.05 KM
18 High Street £ 110,0000.07 KM