Bexwell Road, Downham Market, PE38
MO

Bexwell Road, Downham Market, PE38

By Morris Armitage

£ 199,995

Reviews

2 out of 5 stars

Morris Armitage says ..

*NO ONWARD CHAIN* Having been within the same family for many years the property is now ready for new owners. A lovely character property with flexible accommodation. The accommodation includes the lounge positioned to the front and leads through to the inner lobby. Here you have stairs to the...

Property Oracle says ..

This two-bedroom, one-bathroom property situated on Bexwell Road in Downham Market, Norfolk, presents a mixed bag of advantages and disadvantages.

The property’s key strengths lie in its location. Downham Market is a reasonably popular market town with good transport links to London via its train station (approximately 2.14 km away). The property is also within walking distance of local schools, including Downham Market Academy and Hillcrest Primary School, both within 1km.

However, the provided images reveal an interior in need of modernisation. The decor is dated throughout, and the kitchen, in particular, might require significant updating to meet modern standards. This is reflected by the use of older appliances and the overall style seen in the photos. Potential buyers should budget for renovation and potential upgrades.

Externally, the property has a small, relatively modest garden, which may not suit all buyers. The property does, however, benefit from the presence of a garage/shed, providing additional storage space. The actual plot size is not specified, preventing a full assessment of the outdoor space.

The asking price of £199,995 needs to be considered in context. Nearby properties on Bexwell Road, and nearby streets, show prices ranging from significantly less than the asking price (£114,000) to properties substantially higher (£515,000). Determining an accurate price per square foot is difficult due to inconsistencies in the provided nearby property data, lacking sqft for most listings. Despite this, the £199,995 asking price falls within the range of listed properties on Bexwell Road. Potential buyers should conduct thorough research and potentially consider independent valuations to make an informed decision.

Overall, this property would likely appeal to first-time buyers or those looking for a project property in a convenient location, accepting the need for renovation and modernisation.

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
5
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
759.39

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
178,456.65 £
Decreased by 37.50 %
from 285,530.64 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
759.39 £/mo
Unchanged by 0.00 %
from 759.39 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Morris Armitage created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market AcademyAcademy Sponsor Led0.41 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood0.86 KM
Nelson AcademyAcademy Sponsor LedGood1.16 KM
Downham Market Children'S CentreChildren's Centre1.18 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.59 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Keats Close £ 199,95000.00 KM
Wordsworth Close £ 000.00 KM
Howdale Road £ 000.00 KM
Sandfield Road £ 000.00 KM
Stirling Close £ 240,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW2.14 KM
Watlington7057WTG7.75 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bexwell Road, Downham Market, PE38 £ 300,000BUY7 / 100.00 KM
Bexwell Road, Downham Market, PE38 £ 199,995BUY5 / 100.00 KM
Bexwell Road, Downham Market, PE38 £ 437,500BUY6 / 100.02 KM
St. Edmunds Road, Downham Market £ 350,000BUY7 / 100.14 KM
St Edmunds Road, Downham Market, PE38 £ 465,000BUY7 / 100.21 KM

Nearby Properties

AddressPriceDistance
68a Bexwell Road £ 325,0000.02 KM
43 Bexwell Road £ 478,0000.02 KM
70 Bexwell Road £ 550,0000.02 KM
41 Bexwell Road £ 120,0000.02 KM
74 Bexwell Road £ 148,0000.02 KM