Wade Wright Court, Priory Road, Downham Market, PE38
MO

Wade Wright Court, Priory Road, Downham Market, PE38

By Morris Armitage

£ 125,000

Reviews

2 out of 5 stars

Morris Armitage says ..

*NO ONWARD CHAIN* A ground floor one bedroom apartment located in this PURPOSE BUILT RETIREMENT DEVELOPMENT. The accommodation includes the entrance hall which services the LOUNGE/DINER WITH A DOOR DIRECTLY ONTO THE GARDENS. There are also part glazed double doors to the fitted kitch...

Property Oracle says ..

This one-bedroom ground floor apartment in Wade Wright Court, Downham Market, presents a potential investment opportunity for buyers interested in retirement living or a low-maintenance property. The apartment’s location is advantageous, offering proximity to the town centre’s amenities, transport links, and schools. However, the property’s condition suggests that modernisation is necessary to enhance its current appeal. The apartment’s kitchen and bathroom fixtures appear somewhat dated, and the carpeting shows signs of wear. Cosmetic upgrades such as new flooring and a fresh coat of paint throughout could significantly improve the property’s aesthetic value. The small garden area offers some external space. The absence of precise square footage data limits a thorough price analysis, however, the asking price seems generally in line with other retirement apartments in the vicinity. Potential buyers must weigh the benefits of its location and proximity to amenities, against the need for renovation. Overall, this property requires a careful assessment of its renovation needs, and potential buyers should ensure to budget appropriately for these.

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
1
Bathrooms
1

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 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Morris Armitage created the listing.

Nearby Schools

NameTypeOfstedDistance
Downham Market Children'S CentreChildren's Centre0.32 KM
Nelson AcademyAcademy Sponsor LedGood0.57 KM
Downham Market AcademyAcademy Sponsor Led1.86 KM
Denver Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.88 KM
Downham Market, Hillcrest Primary SchoolCommunity SchoolGood2.30 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Old Maltings Way £ 142,50000.00 KM
Town Square £ 000.00 KM
Elm Close £ 000.00 KM
Rampant Horse Lane £ 103,50000.00 KM
Maltings Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Downham Market7055DOW0.72 KM
Watlington7057WTG7.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wade Wright Court, Priory Road, Downham Market, PE38 £ 125,000BUY5 / 100.00 KM
Priory Road, Downham Market, PE38 £ 125,000BUY7 / 100.01 KM
Priory Road, Downham Market, PE38 £ 120,000BUY6 / 100.01 KM
Priory Road, Downham Market, PE38 £ 150,000BUY6 / 100.01 KM
Priory Road, Downham Market, PE38 £ 160,000BUY6 / 100.01 KM

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