Syon Close, Downham Market, PE38
MO

Syon Close, Downham Market, PE38

By Morris Armitage

£ 260,000

Reviews

3 out of 5 stars

Morris Armitage says ..

**NO ONWARD CHAIN** This 2 bedroom detached bungalow is located at the end of a cul-de-sac, and within walking distance to the town centre. Internally you will find a lounge with dual aspect views to front and rear. The kitchen is a generous size and leads out onto the conservatory. Both bedro...

Property Oracle says ..

This two-bedroom detached bungalow in Syon Close, Downham Market, presents a mixed bag of opportunities and challenges for potential buyers. The property is located in a convenient area with good access to transport links and schools, making it an attractive proposition for families or commuters. The proximity to Downham Market town centre ensures easy access to amenities. The existence of a garden, garage, and shed adds to the appeal. However, the property’s condition is a significant consideration. The provided photographs reveal that the interior requires modernisation; the carpets appear dated, and there is a need for a kitchen and bathroom refurbishment. This means significant investment would be required to bring the property up to a more contemporary standard. Considering the recent property sales in Syon Close and Downham Market, the price appears somewhat reasonable, reflecting the needs for renovations. Ultimately, potential buyers should carefully weigh the cost of renovation against the property’s location and the potential for increased value once improvements are completed. The lack of square footage information for the property itself and surrounding properties makes it challenging to offer a definitive price per square foot analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
752.94

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
176,940.90 £
Decreased by 37.50 %
from 283,105.44 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
752.94 £/mo
Unchanged by 0.00 %
from 752.94 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Morris Armitage created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre0.74 KM
Nelson AcademyAcademy Sponsor LedGood1.03 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.55 KM
Downham Market AcademyAcademy Sponsor Led2.01 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood2.45 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW0.97 KM
Watlington7057WTG8.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Syon Close, Downham Market, PE38 £ 260,000BUY6 / 100.00 KM
Collingwood Road, Downham Market, PE38 £ 450,000BUY5 / 100.11 KM
Collingwood Road, Downham Market, PE38 £ 225,000BUYUnknown0.11 KM
Burnham Road, Downham Market, PE38 £ 400,000BUY6 / 100.13 KM
Alexandra Way, Downham Market, PE38 £ 259,995BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
10 Syon Close £ 213,5000.00 KM
3 Syon Close £ 71,0000.00 KM
5 Syon Close £ 155,0000.00 KM
7 Syon Close £ 197,5000.00 KM
6 Syon Close £ 144,0000.01 KM