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
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Metrics Year-on-Year
- Average area value
- 245,074.00 £Decreased by 15.93 %
- Average area rental value
- 1,254.00 £/moDecreased by 5.43 %
- Est rental Yield
- 6.14 %Increased by 12.45 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Morris Armitage created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Downham Market Children'S Centre | Children's Centre | 0.32 KM | |
| Nelson Academy | Academy Sponsor Led | Good | 0.57 KM |
| Downham Market Academy | Academy Sponsor Led | 1.86 KM | |
| Denver Voluntary Controlled Primary School | Voluntary Controlled School | Good | 1.88 KM |
| Downham Market, Hillcrest Primary School | Community School | Good | 2.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Old Maltings Way | £ 142,500 | 0 | 0.00 KM |
| Town Square | £ 0 | 0 | 0.00 KM |
| Elm Close | £ 0 | 0 | 0.00 KM |
| Rampant Horse Lane | £ 103,500 | 0 | 0.00 KM |
| Maltings Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Downham Market | 7055 | DOW | 0.72 KM |
| Watlington | 7057 | WTG | 7.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wade Wright Court, Priory Road, Downham Market, PE38 | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| Priory Road, Downham Market, PE38 | £ 125,000 | BUY | 7 / 10 | 0.01 KM |
| Priory Road, Downham Market, PE38 | £ 120,000 | BUY | 6 / 10 | 0.01 KM |
| Priory Road, Downham Market, PE38 | £ 150,000 | BUY | 6 / 10 | 0.01 KM |
| Priory Road, Downham Market, PE38 | £ 160,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 57 Paradise Road | £ 197,000 | 0.12 KM |
| 3 Norfolk Square | £ 142,000 | 0.12 KM |
| 4 Norfolk Square | £ 154,000 | 0.12 KM |
| 63 Paradise Road | £ 132,500 | 0.12 KM |
| 65 Paradise Road | £ 178,500 | 0.12 KM |